23 Upper Abbey Street, 1 and 2 Abbey Green, Nuneaton, Warwickshire CV11 5DN

**This property is currently available – Please contact the Auctioneers to register your interest**

**IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 8th February 2024 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ

Just turn up and no need to pre-register. You can also register for telephone, proxy, internet bidding online.

passport.eigroup.co.uk/bidder-registration/loveitts

GUIDE PRICE: £290,000 plus

**This property is currently available – Please contact the Auctioneers to register your interest**

Tenanted mixed commercial and residential investment opportunity, with current rent payable of £37,000 p.a. Ground floor 3 x retail units plus 3 x self contained flats across first and second floor. Popular location within a parade of retail units and eateries, close to Nuneaton town centre.

ACCOMMODATION
23 Upper Abbey Street:
Retail - Dessert café and takeaway.
First floor flat (No. 23a)
Kitchen: 18 ft 9 in max x 9 ft max
Living bedroom: 13 ft x 14 ft 8 in
Bathroom:
Second floor flat (No. 23b)
Kitchen: 5 ft 1 in max x 13 ft 4 in
Lounge: 12 ft 11 in x 13 ft 3 in
Bedroom: 7 ft x 13 ft 10 in
Bathroom.

1 & 2 Abbey Green Road:
No 1 Retail - Off Licence.
No 2 Retail - Events shop.
First floor flat (No. 1a)
Lounge/kitchen: 10 ft 6 in x 8 ft 10 in max
Bedroom: 9 ft 3 in x 13 ft 5 in
Bathroom:

OUTSIDE
Pedestrian access to rear external staircase, leading to first and second floor flats.

EPC RATING - All to be confirmed
Retail No 23: B
Retail No 1: D
Retail No 2: D
Flat No 1a: F
Flat No 23a: G
Flat No 23b: G

COUNCIL TAX BAND - All flats Band A


TENURE
Freehold subject to 3 x leases and 3 x tenancies.

RESIDENTIAL TENANCIES
FLAT 1a - Assured Shorthold Tenancy
Term: 12 months from 10/11/23 Rent payable: £450 p.c.m
FLAT 23a - Assured Shorthold Tenancy
Term: 6 months from 20/04/23 (now rolling) Rent payable: £450 p.c.m.
FLAT 23b - Assured Shorthold Tenancy
Term: 6 months from 02/05/23 (now rolling) Rent payable: £500 p.c.m.

COMMERCIAL LEASES/TENANCIES
23 Upper Abbey Street - Rent payable £8,400 p.a.
5 years from 01/01/24
1 Abbey Green Road - Rent payable £6,600 p.a.
20 years from 01/02/2020
2 Abbey Green Road - Rent payable £5,200 p.a.
5 years from 31/10/2022

Further information can be found in the Legal Pack, or by contacting the Auctioneers.

ADDITIONAL COSTS
Administration Fee: £1,650 (£1,375 plus VAT)
Please see the legal pack for any further costs.

Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.