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4 The Precinct, The Precinct, Coventry
Let

4 The Precinct, Coventry, CV1 1NQ

Owned by
NewRiver logo
Use Class

Use Class

E

Size

Size

1,728 sq ft

Rent pa

Rent pa

£65,000

Market Sector

Market Sector

Shopping Centre

Landlord

Landlord

NewRiver

Key Features

  • Prime Retail Unit - White Boxed

  • The premises is situated in the heart of Coventry in a busy pedestrianised location fronting The Precinct

  • The unit benefits from being well positioned adjacent to H Samuel with nearby stores including Moss Menswear, JD Sports, Costa Coffee, Card Factory, EE and Holland & Barrett

Description

The premises is situated fronting The Precinct. The unit benefits from being well positioned adjacent to H Samuel with nearby stores including Moss Menswear, JD Sports, Costa Coffee, Card Factory and EE.

Location

The Precinct provides the focus for prime retailing within Coventry City Centre, comprising approximately 90,000 sq ft of space. The Precinct is located close to Primark and the Cathedral Lanes Shopping Centre, home to a number of well known Food and Beverage operators. Other nearby retailers include Moss Bros, River Island, Topshop, JD Sports, Clintons, Footlocker, HMV and Costa Coffee amongst others.

Key Information

Viewing

Strictly by appointment.

Accommodation

1,728 Sq.Ft

The property is arranged over the ground and basement floors.

Areas
Sq.Ft
Sq.M
Ground Floor
740
68.7
Basement Level
988
91.8

Financial

Lease Type

New Lease

Lease Term

The property is available by way of a full repairing and insuring lease on terms to be agreed.

Rent

Subject to contract, rental offers are invited in the region of £65000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. 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

£9,001

Tenure

Leasehold

Rates

Rateable Year:
2021
Rateable Value:
£62,500.00
Rates payable:
£32,000.00
UBR:
51.2p/£

Sustainability

EPC available upon 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

Disclamier

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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