Loveitts to Let and Manage New Residential Development in Coventry

3rd October 2017

Loveitts to Let and Manage New Residential Development in Coventry

A former Coventry social club is set to be transformed into new apartments as part of an exciting new residential development in the city.

The old Vauxhall Working Mens' Club in Foleshill will be converted into 11 new flats, and let and managed by leading local estate agents Loveitts.

The new development - which includes a mix of one and two-bedroom apartments - was given the green light by Coventry City Council, with work almost complete.

It will see the old pub in Eld Road, which was built and started as a working mens’ club in 1910, undergo a major facelift carried out by Jaskaran Aujla – who took over running the club in 2000 – with the first avialble properties already let and awaiting tenants moving in.

The new-look development has been hailed a great boost for the city by Paul Barnes, Director of Coventry-based Loveitts.

He said: "This is a fantastic development for the city and will provide 11 high-quality apartments in a prime location in Coventry. We are delighted to have the opportunity of letting the apartments as well as being appointed managers of the site which we believe will be a major boost to the area.

"The Vauxhall Working Mens’ Club was a much-loved venue which served the Foleshill community for many years. This new development will enable this two-storey Victorian building to remain at the heart of the local region.”

Paul added this new development is an example of a growing trend for converting disused pubs and clubs into homes or businesses.

The Chestnut – formerly known as the Leg & Crown – in Walsgrave was among one of the pubs locally to be transformed after it was sold to developers in 2013, followed by the former Cock & Bear pub in Nuneaton, which was converted into a Sainsburys Local store in 2015.

Pubs around the country have been calling time in growing numbers as the industry struggles amid rising running costs and fewer customers – with figures from the British Beer and Pub Association showing a decline in pub numbers from 67,800 in 1982 to 50,800 in 2015.

Paul said: “We are seeing more and more pubs and clubs coming on the market and being converted into residential blocks or local convenience stores across Coventry and Warwickshire as developers realise their true potential.

“These are fantastic developments as they not only make use of boarded up and disused buildings, which are an eyesore for a local community, but they also address the shortage of affordable housing – so this new development is a win-win for Coventry.”