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76-78 Binley Rd 3,828 sq ft Retail Property Coventry CV3 1FQ £250,000 (£65.31/sq ft)
INVESTMENT HIGHLIGHTS
- Located in a prominent arterial route
- Excellent connections to the M6, M69 and M1 motorways via the A46
- Rear car parking area
EXECUTIVE SUMMARY
The property is offered for sale with a price guide of £250,000, subject to the occupational lease (business will be unaffected). The property is let to LM Funerals Limited with a passing rent of £15,000 per annum and the car park being let to the same on a separate lease at a rent of £500 per annum. Copies of the leases will be made available to verified applicants on a confidential basis
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Funeral Directors
Property Size
3,828 sq ft
Costar Property Class
C
Year Built
1965
Price
£250,000
Price per sq ft
£65.31
Tenancy
Single
Number of Floors
3
Plot ratio
1.37
Total Plot Size
0.06 ac
Parking
7 Spaces (1.83 Spaces per 1,000 sq ft Leased)
Frontage
20 ft on Binley Road
AMENITIES
- Bus Route
- Commuter Rail
- EPC - C
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76-78 Binley Rd
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