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UNIT E TENLONS ROAD, NUNEATON, WARWICKSHIRE, CV10 7HR Return to search results

Nuneaton, Warwickshire, CV10 7HR

Status:
Tenure: Freehold
Property: Unit E
Size: 2,385 sq ft
Ref: 45336

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Description:

Detached industrial building of brick construction with an equal pitched corrugated asbestos roof incorporating translucent roof lights. The main property is of steel frame construction and has asbestos cladding sheets to part of the exterior.

The front office area is single storey and is of brick construction with a flat roof.

There is a single storey brick built addition to the rear of the property providing extra storage space. (Access off the main workshop area).

Rental income £9,000 per annum rising to £10,000 per annum.
Purchase price - Offers based on £115,000.
Forecourt parking along with secure yard area.
Single storey office accommodation with adequate toilet facillities.

Location:

Nuneaton, Warwickshire

Accommodation:

Workshop/Vehicle Repair Area 1,986 sq ft (184.51 sq m) approx.
12ft eaves height, front manual steel roller shutter door, Powermatic diesel blower unit, fluorescent strip lighting, single and three phase electricity, vehicle rollers, hot water tank and access to office and toilet facilities.

Rear Store 83 sq ft (7.71 sq m) approx.

Fluorescent strip lights.

Front/Side Single Storey offices including Toilets
316 sq ft (29.36 sq m) approx.

Incorporating :-

Reception Office, private office with access to toilet facilities, works toilet area (access from main workshop).

Freehold Price:

Offers based on £115,000.

Rateable Value:

Rateable Value - £8,200.

Value Added Tax:

All figures quoted are exclusive of VAT.

Legal Costs:

Each party will bear their own costs incurred in connection with the sale.

Parking:

Forecourt parking along with secure yard area.

Services:

Siongle and three phase electricity, mains water and drainage are all connected to the property.

Viewing:

Strictly by prior appointment only with the sole agents :-
Countrywide Property Management
161 New Union Street
Coventry
CV1 2PL
Tel : 024 7655 0303

Reviews:

There is a rent review at the end of the 5th year. The lease is drawn on full repairing and insuring terms.

Agents Comment:

Tenure
Long Leasehold for 99 years from 29 September 1970 at a fixed ground rent of £50 per annum.

The property has been sub let as follows :

Let for 10 years from 1 February 2007 to Mr Ian Trevitt (business trading as Personal Tuning Services Ltd) at a rent of £9,000 per annum for year 1 rising by £200 per annum every year up until expiry of the 4th year where the rent rises to £10,000 per annum.