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Unit 70 (64) Lower Precinct, Coventry, CV1 1NQ
Use Class
E(a)
Rent pa
£70,000
The premises are arranged over ground floor only.
The property occupies a prime trading position fronting on to Lower Mall of the Lower Precinct covered shopping centre. Trespass are adjacent with other occupiers nearby including Pizza Hut, Specsavers, The Entertainer, New Look and Next.
Key Information
Viewing
Strictly by prior appointment wtih Colliers International through Emel Hussein or Olivia Hughes.
Accommodation
Financial
Lease Type
Existing Lease
Lease Term
The property is held on an effectively full repairing and insuring lease for a term of 10 years expiring 21 September 2016. The current passing rent is £70,000 per annum exclusive.
Rent
Subject to contract, rental offers are invited in the region of £70000 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. Transitional phasing may apply. Prospective tenants are advised to confirm any rating liability directly with the Local Authority.
Costs
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Incentive
Incentives are available for an assignment of the existing lease, subject to covenant status.
Service charge
Details upon application.
Tenure
Leasehold
Rates
About Coventry
We have a wide range of retail property and shops to let in Coventry, as well as a selection of shopping centres, retail parks and leisure schemes to increase the visibility of your brand.
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.
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This was last updated on 14/08/2023