Unit 12, The Precinct

The Precinct
Coventry, CV1 1NQ

Use Class E

1,749 sq ft

£125,000

Use Class

Size

1,749 sq ft

Rent pa

£125,000

Marketed by Savills, BWD

Last updated 13/05/2022

Shops & Retail Units for rentCoventry

Prime Retail Unit to Let

Key Points

The premises are situated in the heart of Coventry in a busy pedestrianized location fronting The Precinct
The unit benefits from being well positioned adjacent to H Samuel with nearby stores including JD Sports, Moss Menswear, Marks & Spencer, Top Shop, Virgin Media, EE and River Island

The subject property is located in a prime position within The Precinct and is adjacent to H Samuel.  Other nearby retailers include River Island, Boots, Primark, JD Sports and Topshop.

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.

Tenure

Leasehold

Viewing

Strictly by appointment.

Accommodation

Accommodation details below:

Areas

	sq ft	sq m
Ground Floor - Can be extended to 2,500 for sales	1345.00	124.00
Basement	404.00	37.50

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.

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.

Rateable Year:	2021
Rateable Value:	£85,000.00
Rates Payable:	£43,520.00
UBR:	51.2p/£

Costs

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

Service Charge

£11,996

Sustainability

Energy Performance Certificate

Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

Last Updated

13/05/2022

Misrepresentation Notice

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.