2176 2178 Coventry Road, Sheldon, B26 3JE

2176/2178 Coventry Road, Sheldon B26 3JE

For Sale £650,000

Retail / Residential Investment

Retail - Sheldon

LOCATION
The Property is situated in a very prominent and bustling location in the Sheldon retail area.
Nearby occupiers include Halifax, Savers, Poundland and numerous multiples.

DESCRIPTION
A detached building providing two ground floor retail units together with a self contained 3 bedroom flat.

RENT

Offers in excess of £650,000 are invited for the freehold interest subject to the existing tenancies.

VAT

The Property is VAT Registered

Floor Area

2176 1093 Sq.Ft 101.54M2
2178 732 Sq.Ft 68.00M2

Services
We are advised that all mains services are connected.

Tenancies

2176 is let to St Mary’s Hospice Ltd on a 10 year lease from February 2018 at a rent of £18,000 P.A rising to £18,500 on 11 February 2023.

2178 is let to Greggs PLC on a 10 year lease from April 2012 at a rent of £18,500 P.A

The flat is let on an AST from June 2020 at a rent of £535 per calendar month.

Planning

We understand the property has planning consent for the conversion of the first floor into 2 x two bedroom flats.

Energy Proficiency Certificate

2176 – E
2178 – D
Certificates available on request.

Property Features
  • Retail

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