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16 The Precinct, Coventry, CV1 1NQ

This Property is Currently 'Under Offer'
16 The Precinct, Coventry
Use Class

Use Class

E

Size

Size

1,046 sq ft

Rent pa

Rent pa

£90,000

Prominent Retail Unit to Let

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 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 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

1,046 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor
1,046
97.2

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.

Rent

Subject to contract, rental offers are invited in the region of £90000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

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

£10,324

Tenure

Leasehold

Rates

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

Sustainability

EPC available on request.

About Coventry

Coventry

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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 03/01/2024