15 Allesley Old Road, Chapelfields, Coventry, West Midlands CV5 8BU

To be sold via Public Auction on Thursday 18th September 2025 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ

Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.

GUIDE PRICE: £190,000 to £210,000

Part tenanted commercial investment opportunity. 3 storey mid terraced building, with 2 tenants in occupation, rent payable £10,560 p.a. Located within 0.5 miles of Coventry city centre. Ideal investment.

ACCOMMODATION
Cellar
GROUND FLOOR
Hallway
Office 1: 14 ft 7 in x 11 ft 10 in
Office 2: 15 ft 1 in 12 ft
Kitchen: 12 ft 2 in x 9 ft 4 in max
W.C.
Yard:
FIRST FLOOR
Office 3: 9 ft 2 in x 8 ft 6 in
Workshop 1: 12 ft x 11 ft 8 in
Workshop 2: 15 ft 2 in x 11 ft 9 in
SECOND FLOOR
Store 1:
Store 2:
Workshop 3: 13 ft 8 in x 9 ft 4 in
Workshop 4: 18 ft 5 in x 10 ft 4 in
Store 3:

OUTSIDE
Front: off stret parking.
Rear: Yard.

SERVICES AND HEATING
Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)

EPC RATING - E


TENURE
Freehold subject to agreements:
GROUND FLOOR
Licence agreement
Term: 6 months 01/08/2023
Rent: £400 p.c.m.
FIRST AND SECOND FLOOR
Business lease
Term: 07/01/2019 – 07/01/2022
Rent: £480 p.c.m.

ADDITIONAL COSTS
Administration Fee: £1,440 (£1,200 plus VAT)
Buyers Premium: £900 (£750 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.