16, The Precinct

The Precinct
Coventry, CV1 1NQ

Use Class E

1,046 sq ft

£90,000

Use Class

Size

1,046 sq ft

Rent pa

£90,000

Marketed by BWD, Savills

Last updated 13/05/2022

Shops & Retail Units for rentCoventry

Prominent Retail Unit to Let

Key Points

The premises is situated in the heart of Coventry in a busy pedestrianized location fronting The Precinct
The unit benefits from being well positioned with nearby stores including JD Sports, Moss Menswear, Marks & Spencers and River Island

The subject premises are located in a prime position within The Precinct and are adjacent to Moss Bros.  Other nearby retailers include River Island, Footlocker, H Samuel, 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	1046.00	97.20

Financial

Lease Type

New Lease

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.

Rates

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

Rateable Year:	2021
Rateable Value:	£99,000.00
Rates Payable:	£50,688.00
UBR:	51.2p/£

Costs

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

Service Charge

£10,324

Sustainability

Energy Performance Certificate Information

EPC available on request.

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.