Coventry, West Midlands, CV1 4DF
Status: To Let
Property: 1 Mill Street
Size: 5,005 sq ft
Mill Street runs between Middleborough Road and Abbots Lane just off Barras Lane / Coundon Road on the north western edge of Coventry City Centre.
The immediate vicinity is predominantly residential so very quiet yet very accessible as the A4053 ring road is within a short drive and the City Centre and bus stops can be easily reached on foot. Alvis Retail Park is just over half a mile away and includes Morrisons superstore.
The subject property comprises a detached two storey building of brick construction beneath a flat roof with a single storey entrance lobby with external roller shutters to the two largest windows. At the rear is an attached warehouse on a steel portal frame with an insulated even-pitch roof, an eaves height of 15’ 9’’ (4.18m), electric heater and sliding metal concertina door. As well as providing excellent storage facilities, it could also be used for secure parking in addition to the private fenced car park which it is accessed off.
The property was extensively refurbished a few years ago when new UPVC double glazed windows were installed along with a gas fired central heating system to radiators (with separate boilers for each floor), a ground floor kitchen, toilets (including disabled) and suspended ceilings with fluorescent lighting. A dilapidation claim against the outgoing tenant has just been completed and works carried out include internal and external redecoration, steam cleaning of the carpet tiles on the ground floor and provision of reports for the electrics and central heating system.
In addition to the ground floor kitchen and WC facilities, there is an additional first floor kitchen and WC with shower cubical and vertical window blinds throughout the building. Interconnecting doors at ground level lead into the adjacent extensive storage area / secure parking facility.
The premises have recently been used as a community training and meeting centre with offices which fall under a mixed Class B1a and Class D1 use. As such, they would also be suitable for offices throughout, a clinic, health centre and medical consulting room purposes, a day nursery, place of worship and for educational purposes.
£40,000 per annum exclusive of business rates, building insurance, utilities and all other outgoings and payable quarterly in advance.
VAT will not be payable in addition on the rent.
A new full repairing and insuring lease will be granted for a term to be agreed with the letting being taken outside the Security of Tenure provisions of the Landlord & Tenant Act 1954.
Planning consent was granted on 25th March 2014 for a change of use from offices and warehouse to offices and community training and meeting centre falling within a mixed Class B1a / D1 use. Conditions were attached to the consent which relate, we understand, to hours of use due to the potential for music to be played in the venue during certain hours. We expect these conditions can either be widened or removed altogether if the building is to be occupied in alternative ways.
All main services are connected to the premises but neither the landlord nor the agent can provide any guarantees or warranties in relation to their condition. Heating is via two gas fired boilers to radiators.
Mark Thompson MRICS