For Sale by Private Treaty Coombe Abbey Inn, 41 Craven Street, Coventry. CV5 8DS Well populated immediate catchment. Popular with students. Established residential area. Easily operated two room local public house with large rear beer patio. Would convert to a single house or to student bedsits. Freehold Offers are invited in excess of at 174,999 subject to contract and exclusive of VAT where chargeable. Particulars prepared February 2015
Location The Coombe Abbey is located on Craven Street a short distance from Spon End and approximately 1 mile west of Coventry City Centre within an established residential area. The property enjoys a well populated immediate catchment. The area is also popular for students with many student lets in the immediate area. Description The Coombe Abbey is an attractive mid terraced public house of two storey brick construction beneath pitched slated roofs with a rendered front elevation and includes a large single storey extension to the rear. The public house is set back from pavement by a front beer patio and also includes a large rear pavioured beer patio at two different levels leading down from the rear of the trading area to Hearsall Lane, the B4101. Accommodation Ground Floor The ground floor accommodation is arranged so as to provide a front bar with quarry tiled floor, corner timber servery, perimeter vinyl covered fixed seating for 16 customers and darts throw. A service corridor leads through to the ladies and gentlemen s customer lavatories. The rear lounge has recently undergone decorative works and investment and comprises a timber panelled and topped servery, loose tables and chairs for approximately 30 customers. To the front of the property is a small wash up and also a dry store/kitchenette which link into the servery for the bar. Upper Floors The living accommodation is arranged at first and second floors. At first floor the accommodation comprises living room, bathroom, single bedroom, kitchen including the boiler. Leading off the kitchen, there is a single bedroom/office. At second floor off the main hallway are 2 double bedrooms. Basement The beer cellar with barrel drop are located at basement level. Outside Front beer patio. Large rear brick pavioured beer patio at two separate levels leading down from the trading accommodation to the Hearsall Lane. In addition, there is also a brick built store directly to the rear of the trading accommodation. General Information Tenure The property is held freehold and is available with the benefit of vacant possession. Fixtures and Fittings The Vendors are not including any items of furniture, equipment, trade fixtures or fittings, and any that are left post completion are not warranted for their suitability, safety, or ownership Services We are informed that all mains services are connected to the property. Licences We are informed that the property holds the benefit of a Premises Licence. Town & Country Planning We are informed by Coventry City Council Planning Department that the property is not listed but lies within a Conservation Area. Rating Assessment We are informed by Coventry City Council and the VOA website that the property is assessed for rating purposes as follows:- Rateable Value - 9,000 General Rates Payable - 4,338 Council Tax Band B Council Tax Payable 1,172.75 EPC An EPC is available for interested parties to inspect upon application. Asking Price Freehold Offers at 174,999 are invited for the freehold interest subject to contract and exclusive of VAT where chargeable. Further Information All interested parties are requested to contact Matthew Phillips for further information or to arrange viewings for the property. Conditions relating to these particulars (Misrepresentation Act 1967) The Agents for themselves and for the Vendors or Lessors of the property(ies) confirm that:- a) The sales particulars are produced for the guidance of interested parties and do not constitute any part of any offer or contract. b) Although believed to be correct, the accuracy of all descriptions and details given within the particulars is not guaranteed and should not be relied upon by intending purchasers or lessees who should satisfy themselves by inspections and enquiries as to their correctness. c) The Agents do not have any authority to make any representation or warranty whatever in relation to the properties or businesses to which these sales particulars relate. VAT & Conversion of a Commercial Building to a Residential Dwelling As of June 1 2008 VAT law has changed. If it is the intention of the purchaser to convert this building to a dwelling they must complete, prior to exchange of contracts, the HMRC form: Certificate to disapply the option to tax: Buildings to be converted into dwellings etc. The HMRC suggests all parties completing this certificate read: Notice 742A Opting to tax land and buildings. A copy can be found at www.hmrc.gov.uk.
Appendix 1 Photographs Front Elevation Rear Elevation
Front Bar Rear Lounge
Rear Beer Patio Rear Beer Patio 2
Appendix 2 Energy Performance Certificate