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1 Cross Cheaping, The Precinct, Coventry - Picture 2020-02-11-15-34-06
Let

1 Cross Cheaping The Precinct, Coventry, CV1 1NQ

Use Class

Use Class

E

Size

Size

1,251 sq ft

Rent pa

Rent pa

£42,000

Market Sector

Market Sector

Shopping Centre

Key Features

  • Prominent corner retail unit to let

  • Well positioned fronting Broadgate

  • Located opposite Primark

Description

The property comprises a well configured ground floor sales area with ancillary accommodation to the basement.

Location

The premises is situated in the heart of Coventry in a busy pedestrianised location fronting Cross Cheaping Street.

The unit benefits from being well positioned adjoining the Nationwide Building Society with Primark located directly opposite. Other retailers nearby include Savers, Holland & Barrett and Amplifon.

Key Information

Viewing

Strictly by appointment. Staff are unaware.

Legal

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Accommodation

1,251 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor
436
40.5
Basement
815
75.7

Additional Contacts

Asset Managers

NewRiver logo

NewRiver

Financial

Lease Type

New Lease

Lease Term

The premises are available on a new lease for a term to be agreed. The rent will be subject to 5 yearly rent reviews.

Rent

Subject to contract, rental offers are invited in the region of £42000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Interested parties are advised to make enquiries with the Local Authority.

Service Charge

The service charge for the current year is £2,280.

Tenure

Leasehold

Rates

Rateable Year:
2020
Rateable Value:
£39,250.00
Rates payable:
£19,782.00

This Property is Part of a Shopping Centre

The Precinct

The Precinct is the dominant shopping location in the heart of the city centre adjacent to the large Primark Store, M&S, Sports Direct and Flannels and the Cathedral Lanes leisure scheme.

BWDBarker Proudlove
NewRiver logo

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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