Important Notice - Coronavirus (COVID-19)
  • For Sale By Unconditional Online Auction
  • Guide Price* : £240,000
  • Bidding Opens 27/04/2021 12:00

111 - 112 Spon End, Coventry, West Midlands, CV1 3HF

**ONLINE AUCTION**

To be sold via unconditional ONLINE Auction on Thursday 29th April 2021
(visit auctionhouse.co.uk/online).

BIDDING OPENS: 12:00 on Tuesday 27th April 2021
AUCTION ENDS: 12:00 on Thursday 29th April 2021

GUIDE PRICE: £240,000


Description

Unique opportunity. 2 properties with mixed use. Tenanted retail unit plus vacant residential accommodation. Comprising let retail unit (StrEATS)plus 4 lettable rooms and studio flat. Current rent payable £7,000 p.a. Grade II listed, located within a parade of shops just outside the City Centre.


ACCOMMODATION

No. 111
GROUND FLOOR
Hallway:
Room 1: 12 ft 3 in max x 9 ft 1 in max plus wet room
Kitchen: 11 ft max x 9 ft max
Room 2: 11 ft 7 in max x 9 ft 3 in max plus en-suite
FIRST FLOOR
Room 3: 12 ft 5 in max x 9 ft 11 in max plus en-suite
Room 4: 13 ft 7 in x 12 1 in max plus en-suite
(Access to No 112 Studio Flat)

No. 112 GROUND FLOOR
Retail Unit: 15 ft 5 in max x 12 ft 8 in max
Kitchens: 22 ft 9 in max x 8 ft 11 in
FIRST FLOOR
Studio Flat: 16 ft 4 in max x 14 ft 9 in max plus en-suite
(access to No 111 first floor.)


OUTSIDE

111: Rear court yard.
112: Court yard and W.C


EPC RATING

No.111 - C
No. 112 Studio Flat - to be confirmed.
No. 112 Retail unit - to be confirmed.


TENURE

Freehold subject to lease of ground floor of No 112


TENANCY

Lease.
Term: To be confirmed.
Rent payable: To be confirmed.


ADDITIONAL COSTS

Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for further costs.

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

Bidding not yet open
Minimum Opening Bid

£240,000


Bidding Opens On
27th Apr 2021 12:00
End Date

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* Guide | £240,000
  • 5 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 024 7652 7789 for more information

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Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.