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3/5 Cross Cheaping, The Precinct, Coventry - Picture 2020-02-18-12-29-30
Let

3-5 Coventry, CV1 1NQ

Owned by
NewRiver logo
Use Class

Use Class

E

Size

Size

3,088 sq ft

Rent pa

Rent pa

£75,000

Market Sector

Market Sector

Shopping Centre

Landlord

Landlord

NewRiver

Description

The unit is located within close proximity to the entrance of The Precinct and Primark. Nearby retailers include Savers, Nationwide and Topshop.

Location

The Precinct provides the focus for prime retailing within Coventry City Centre, comprising approximately 90,000 sq ft of space. Multiple retailers include Bank, River Island, Topshop, Moss Bros, Clintons, Footlocker, HMV and Costa Coffee amongst others.

Key Information

Viewing

For further information, or to arrange a viewing, please contact one of the listed agents.

Accommodation

3,088 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor
2,327
216
Basement
761
70.7

Additional Contacts

Asset Managers

NewRiver logo

NewRiver

Financial

Lease Term

The property is available by way of a new effectively full repairing and insuring lease for a term of 10 years subject to 5 yearly upward only rent reviews.

Rent

Subject to contract, rental offers are invited in the region of £75000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Interested parties are advised to make their own enquiries to the Local Authority.

Costs

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

Service Charge

2019/2020 - £5,559 per annum

Rates

Rateable Year:
2019
Rateable Value:
£50,500.00
Rates payable:
£24,796.00
UBR:
49.1p/£

Sustainability

On request

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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