Retail Unit, Coventry Canal Basin, St. Nicholas Street, Coventry, West Midlands CV1 4LY

To be sold via unconditional TIMED ONLINE AUCTION on Tuesday 12th October 2026
(Visit auctionhouse.co.uk/online).

BIDDING OPENS: 13:00 on Monday 12th October 2026
AUCTION ENDS: 11:00 on Tuesday 13th October 2026

GUIDE PRICE: £80,000 +

Ground floor, vacant retail unit requiring full fit out. Approximately 3,300 sq ft of accommodation within the Canal Basin. Leasehold (underlease) with 104 years remaining. Ideal investment opportunity or owner occupier.


ACCOMMODATION
Open plan unit requiring full fit out. Occupying the entire ground floor of a 4 storey building, with the upper 3 floors being residential accommodation (not included).

LOCATION
Located within the historic Canal Basin, which used to serve as an important industrial hub for the North Warwickshire collieries. Goods were loaded and unloaded here and then bound towards the Midlands via the Trent & Mersey Canal, or the Oxford Canal towards London.

OUTSIDE
Public parking area.

SERVICES AND HEATING
Please see legal pack for further information.

EPC - to be confirmed.


TENURE
Leasehold with vacant possession.

Term: 125 years from 26/01/2005
Ground rent: £1,000 p.a.
Service charge: £10,981 p.a.
Service charge period: 1/1/26 - 31/12/26

ADDITIONAL COSTS
Administration Fee: £1,200 (£1,000 plus VAT)
Buyers Premium: £2,400 (£2,000 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.