F O R S A L E (L O N G L E A S E H O L D) 35-37 37 STONEY STANTON ROAD COVENTRY CV1 4FF Prominently Situated Former Chemists Shop And Self Contained ned Two-Bedroomed Flat With Two Integral Lock-Up Garages Close To NHS Walk-in And Healthcare Centre, City College Coventry, Swanswell Park, Etc Ground Floor Net Internal Area Totalling About 172.95 M² (1,862 Ft²) Considered Suitable For A Variety Of Other A1 Retail, Class D1 Non-Residential Institutions (Eg Non Residential Education And Training Centres) Uses,, Etc, (Subject To Obtaining Any Necessary Consents) OFFERS AROUND 295,000 PLUS VAT
LOCATION The property occupies a prominent location at the Stoney Stanton Road (B4109)/Swanswell Street intersection. The premises are conveniently situated about 0.5 miles from Junction 2 of the Inner Ring Road (A4053) which encircles the City Centre. The A444 (north-south road) is approximately 1.5 miles distant providing access to the M6 at Junction 3 (a further 2.5 miles). The NHS Walk-in and Healthcare Centre, Coventry City College, Swanswell Park, are all in the vicinity of the property. There is nearby on-street (pay-and-display) parking and bus stop opposite. DESCRIPTION The premises comprise a substantial part two/part single storey building constructed principally of brick set beneath a series of pitched tiled roofs. The property was purpose-built approximately twenty-five years ago to provide a chemists shop (ground floor) and two bedroomed flat above with two integral lock-up garages at the rear. The shop can be accessed from the front with loading/unloading at the rear (via a right of way over the service area/access road off Stoney Stanton Road it is understood that the long leaseholder is required to contribute towards the repair of these areas). There are roller shutters to the ground floor front door and windows with a security gate at the rear. The courtyard to the flat has two independent access gates (one directly from Stoney Stanton Road and the other from the service area). The premises were previously occupied by Lloyds Pharmacy (who have relocated to 2 Stoney Stanton Road), but are considered suitable for a variety of other A1 retail, Class D1 non-residential institutions (eg non-residential education and training centres) uses, etc, subject to obtaining any necessary consents. Prospective occupiers should rely on their own enquiries with the Planning Authority as to whether planning permission is necessary for their proposed use. A copy of the lease plan is attached to these particulars for reference only and is not to scale. ACCOMMODATION All measurements are approximate and in respect of the ground floor are on a net internal area basis. Ground Floor Shop Sales Area 124.44 m² (1,339 ft²)* *includes the partitioned consulting rooms and former dispensing area Store Room Kitchen (off Store Room) 37.70 m² (406 ft²) 6.90 m² (74 ft²)
Corridor (which can be accesses from the Sales Area, rear service area and Store Room). Also off the Corridor are: Cupboard Office 0.61 m² (7 ft²) 3.30 m² (36 ft²) Ladies & Gents WCs TOTAL NET INTERNAL AREA 172.95 M² (1,862 Ft²) First Floor Flat Landing. Off are: Cupboard Bathroom Kitchen 5.10m (16 9 ) max. x 3.96m (13 ) max. Lounge 6.59m (21 7 ) max. x 7.01m (23 ) max. Bedroom 1 4.94m (16 2 ) x 3.00m (9 10 ) Bedroom 2 3.92m (12 10 ) x 2.83m (9 3 ) OUTSIDE Two integral lock-up garages each with up-and-over door. TENURE The premises are available on a long-leasehold basis and with vacant possession at offers around 295,000. The lease is for 125 years (with effect from 10 February 1986) and is subject to a Licence to Assign and Deed of Variation dated 17 May 2013. We are advised that a rent of 2,100 per annum is currently paid to Coventry City Council (as freeholder). COSTS Each party is to pay their own legal costs in respect of the transaction. VAT All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT, if applicable. Please note that VAT will be payable on the sale price. SERVICES All main services are understood to be available, subject to connection charges by the utility companies. Gas central heating to the flat. No tests have been applied.
FIXTURES AND FITTINGS All items usually classed as tenant s fixtures and fittings and not mentioned in these details are excluded from the sale. RATES We are informally advised by the Local Authority that the current assessments are:- Shop Rateable Value: 9,400 Please note that this is not the Rates Payable and prospective occupiers are advised to make their own enquiries with the Local Authority for verification of the Rateable Value and confirmation of the amount of Rates Payable. The rateable occupier of the premises may qualify for Small Business Rate Relief in respect of the 2014/15 financial year further details are available at www.gov.uk. Flat Council Tax Band A. Prospective occupiers are recommended to make their own enquiries with the Local Authority for verification. LOCAL AUTHORITY Coventry City Council Council House Reception Earl Street Coventry CV1 5RR Tel: 0500 834 333 VIEWING By arrangement with:- LOVEITTS COMMERCIAL Telephone: 024 7622 8111 e-mail: coventry.commercial@loveitts.co.uk (Ref. SRE)
Subject property for identification purposes only Not to scale For illustrative purposes only
Conditions under which particulars are issued: Messrs Loveitts for themselves and for vendors or lessors of this property, whose agent they are, give notice that: i) The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute, or constitute part of, an offer or contract. ii) iii) iv) All descriptions, dimensions, reference to conditions and necessary permissions for use and occupation, and other details, are given in good faith and are believed to be correct and any intended purchasers or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them. No partner or any person in the employment of Loveitts has any authority to make or give any representation or warranty whatever in relation to this property. All prices and rents quoted are exclusive of V.A.T. unless otherwise stated.