64 Queens Road, Nuneaton CV11 5JZ

£275,000
Available from Coventry
29 Warwick Row
Coventry
Warwickshire
CV1 1DY

Description

  • Commercial Development

The subject property forms part of an established parade of shops fronting directly onto the busy B4102 Queens Road, just beyond Nuneaton's inner ring road (the A444 Roanne Ringway) and a short stroll from the Nuneaton town centre.
Cash Convertors is one of the occupiers in the parade which also includes a tanning studio, Ghurka Cafe, nail bar, Polish shop and charity shop.
Parking is possible on a 'first come, first serve' basis on the neighbouring streets or otherwise in one of the Local Authority run 'pay and display' public car parks in the vicinity, the nearest being the Co-Op car park immediately adjacent to Nuneaton's inner ring road.

The property comprises a ground floor lock-up retail shop unit currently tenanted and occupied as a nail bar, together with considerably improved and extended residential accommodation comprising three self-contained flats (one 2-bedroomed unit and two 1-bedroomed units) each benefitting from gas-fired central heating and sealed unit double glazing.
The property is available freehold as a mixed commercial and residential investment opportunity generating a current income of £18,050 per annum but with a potential rental income of £22,610 per annum gross.


Accommodation:
Ground Floor Shop: 668.00

Key Facts

Investment Opportunity Prominent Main Road Position Potential Rental Income £22,610pa gross Subject to Existing Tenancies Part Vacant Possession
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