Vacant Bank For Sale

The property is arranged on three floors plus basement. The ground floor provides the main sales area with kitchen to the rear.  The basement provides storage accommodation.  The first and second floor each comprise a self-contained residential flat let to individual tenants for a term of 125 years expiring December 2130 at a peppercorn rent.  The property benefits from off-street parking to the side for circa 6 cars. Tenure Freehold. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £16,000.00 and the rates payable are £7,680.00 pa. The UBR for 2018/2019 is 48.00p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

The village of Balsall Common is located approximately 7 miles west of Coventry and 8 miles south east of Solihull.  The subject premises occupiers a prominent corner position on Station Road/Kenilworth Road. Nearby occupiers include Tesco Express, Co-operative, Barnardos and Costa Coffee.

Sizes and Measurements

Total Size

1,303sqft

Sales Area

693sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

693sqft

Status

Under offer

Available from

Now

Basement

Details

Non-Sales

Size

610sqft

Status

Under offer

Available from

Immediately

Lease Information & Charges

Lease type

Freehold

For sale

£225,000

UBR

48p

Ratable Value

£16,000.00

Business Rates

£7,680/pa

Specification

  • Occupies a prominent corner position
  • Nearby occupiers include Tesco Express, Co-operative, Barnardos and Costa Coffee

Photos

Map Data
Map data ©2018 Google
Map DataMap data ©2018 Google
Map data ©2018 Google
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