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Formerly The Empire, 150 Far Gosford Street, Coventry, West Midlands CV1 5DU

Guide Price: £600,000 - £650,000
Auction Thursday 11th Jul 2024 6.30pm
Village Hotel
Dolomite Avenue, Canley, Coventry CV4 9GZ

Description

** SOLD PRIOR TO AUCTION **

**IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 11th July 2024 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ

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

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

GUIDE PRICE: £600,000 - £650,000

** SOLD PRIOR TO AUCTION **

Development opportunity. Former cinema/night club/social club, with planning permission granted (conditional) for demolition and redevelopment to residential/student accommodation with ground floor retail use. Sought after location close to local amenities and the City centre. Site extends to approximately 0.24 acres.

CURRENT ACCOMMODATION
GROUND FLOOR
Entrance lobby:
Bar area:
LOWER GROUND FLOOR
Dance floor/social area
W.C. facilities
Store room.
FIRST FLOOR
Social area
Storage

PROPOSED ACCOMMODATION
Up to 5 floors of accommodation with retail premises to the ground floor. Access via Far Gosford Street and Vecqueray Street.

EPC RATING - B


PLANNING
Planning permission was granted on appeal 10/11/2023 for:

"Demolition of existing buildings and redevelopment of the site for student accommodation with a commercial unit on the ground floor"

Planning reference: FUL/2021/1734

For further information please contact:
Coventry Council
Web: www.coventry.gov.uk/planningapplications
Email: planning@coventry.gov.uk
Tel: 024 7683 1109

TENURE
Freehold with vacant possession.

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

ADDITIONAL COSTS
Administration Fee: £1,650 (£1,375 plus VAT)
Buyer's Premium: £3,600 (£3,000 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.

Key Facts

** SOLD PRIOR TO AUCTION ** IN ROOM AND LIVESTREAM Student accommodation plus commercial Development opportunity Former cinema/social use Conditional planning permission Popular location
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