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Unit 12 The Precinct Lower Precinct, Coventry, CV1 1NQ
Use Class
E(a)
Size
404 - 1,514 sq ft
Rent pa
£120,000
Market Sector
Shopping Centre
Location
The Precinct provides the focus for prime retailing within Coventry City Centre, comprising approximately 90,000 sq ft of space. Multiple retailer include JD Sports, River Island, Topshop, Clintons, Footlocker and Costa Coffee amongst others.
The subject premises are located in a prime position within The Precinct and are adjacent to Virgin Media and H Samuel. Other nearby retailers include the recently refurbished JD Sports, Boots, Primark, Costa and Topshop.
Key Information
Viewing
Strictly by appointment.
Legal
Each party to be responsible for their own legal and professional costs incurred in this transaction.
Accommodation
404 - 1,514 Sq.Ft
Financial
Lease Type
New Lease
Lease Term
The lease 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 £120000 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 £4,967.
Rates
Sustainability
Energy Performance Certificate
This Property is Part of a Shopping Centre
Lower Precinct
The Precinct itself is an open air scheme. Retailers in the centre include Caffé Nero, Game, Lush, Pandora, Tiger & Trespass
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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