98 Abbey Street, Nuneaton CV11 5BX

£395,000
Available from Coventry
29 Warwick Row
Coventry
Warwickshire
CV1 1DY

Description

  • Retail Property (High Street)

The premises are prominently situated opposite the entrance to the Abbey Street Public Car Park close to the commercial pedestrianised heart of Nuneaton, which is the largest town in the Nuneaton & Bedworth Borough area with a borough population of 125,252 (2011 census). Neighbouring occupiers include a number of local and national concerns and the premises are also well located for all other town centre amenities (including bus and railway stations). Nuneaton is approximately 9 mi north of Coventry and 20 mi east of Birmingham.

The premises comprise what was formerly the Pig & Whistle Public House, which has been converted to offer ground floor retail space (which now benefits from planning permission for a training centre and ancillary offices (Ref: 035910)) and two self-contained first floor flats which have been newly converted to a high standard. The ground floor is let to Pet-XI Limited with vacant possession of the two flats. There are some dilapidated ground floor rooms (which used to form part of the pub) which offer scope for possible conversion, subject to obtaining any necessary consents. Otherwise, there is a large, principally slabbed enclosed area at the rear - we understand that there are limited pedestrian and vehicular rights of way over adjacent property, which offer scope for provide parking at the rear if a section of the wall could be removed.

Accommodation:
GF Shop (NIA): 1,225.00
FF Flat (98a) (IPMS 3C): 613.00
FF Flat (98b) (IPMS 3C): 562.00
Total: 2,400.00

Key Facts

Commercial/Resi Investment Opportunity Located Opposite Abbey Street Car Park Ground Floor Let To Pet-XI Training Ltd 2 Newly Converted 2-Bed FF Flats With VP Ground Floor Producing £19,000 Per Annum
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