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196 Ansty Road, Coventry CV2 3EY

£225,000
Available from Coventry
29 Warwick Row
Coventry
Warwickshire
CV1 1DY

Description

  • Commercial Property

The property occupies a prominent main road position in the Wyken district of Coventry on the eastern outskirts of the city being set back from the A4600 Ansty Road and forming part of a small commercial parade which includes a laundrette, take-away business and a William Hill Bookmakers.

Parking is possible on the immediate forecourt.

The property comprises an end of terrace E Use Class investment opportunity let as a salon on a long lease to a long established hairdressing business and now available to be acquired freehold, subject to the existing tenancy.

The current rent is very low at just £7,000 per annum but there is an outstanding rent review as at June 2023 providing the opportunity to increase this rent by negotiation.

Otherwise we would note that the accommodation comprises a refurbished salon with a modern UPVC retail shop front, small kitchen and downstairs w.c., with further currently largely unused rooms upstairs with a further w.c.

The property also benefits from forecourt parking and a garage at the rear.


Accommodation:
Ground Floor: 584.00 sqft
First Floor: 592.00 sqft
Total: 1,176.00 sqft

Key Facts

Freehold Investment Opportunity Offers Invited around £225,000 Established Hairdressing Salon Rental £7,000 pa subject to review Prominent Main Road Location
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