*This property is currently available – Please contact the Auctioneers to register your interest*

*IN THE ROOM AND LIVESTREAM*

To be sold via Public Auction on Thursday 8th February 2024 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ

Just turn up and no need to pre-register. You can also register for telephone, proxy, internet bidding online.

passport.eigroup.co.uk/bidder-registration/loveitts

GUIDE PRICE: £290,000 plus*This property is currently available – Please contact the Auctioneers to register your interest*

Tenanted mixed commercial and residential investment opportunity, with current rent payable of £37,000 p.a. Ground floor 3 x retail units plus 3 x self contained flats across first and second floor. Popular location within a parade of retail units and eateries, close to Nuneaton town centre.ACCOMMODATION 23 Upper Abbey Street:

Retail - Dessert café and takeaway.

First floor flat (No. 23a)

Kitchen: 18 ft 9 in max x 9 ft max

Living bedroom: 13 ft x 14 ft 8 in

Bathroom:

Second floor flat (No. 23b)

Kitchen: 5 ft 1 in max x 13 ft 4 in

Lounge: 12 ft 11 in x 13 ft 3 in

Bedroom: 7 ft x 13 ft 10 in

Bathroom.

1 & 2 Abbey Green Road:

No 1 Retail - Off Licence.

No 2 Retail - Events shop.

First floor flat (No. 1a)

Lounge/kitchen: 10 ft 6 in x 8 ft 10 in max

Bedroom: 9 ft 3 in x 13 ft 5 in

Bathroom:
OUTSIDE Pedestrian access to rear external staircase, leading to first and second floor flats.
EPC RATING - All to be confirmed Retail No 23: B

Retail No 1: D

Retail No 2: D

Flat No 1a: F

Flat No 23a: G

Flat No 23b: G
COUNCIL TAX BAND - All flats Band A
TENURE Freehold subject to 3 x leases and 3 x tenancies.
RESIDENTIAL TENANCIES FLAT 1a - Assured Shorthold Tenancy

Term: 12 months from 10/11/23 Rent payable: £450 p.c.m

FLAT 23a - Assured Shorthold Tenancy

Term: 6 months from 20/04/23 (now rolling) Rent payable: £450 p.c.m.

FLAT 23b - Assured Shorthold Tenancy

Term: 6 months from 02/05/23 (now rolling) Rent payable: £500 p.c.m.
COMMERCIAL LEASES/TENANCIES 23 Upper Abbey Street - Rent payable £8,400 p.a.

5 years from 01/01/24

1 Abbey Green Road - Rent payable £6,600 p.a.

20 years from 01/02/2020

2 Abbey Green Road - Rent payable £5,200 p.a.

5 years from 31/10/2022

Further information can be found in the Legal Pack, or by contacting the Auctioneers.
ADDITIONAL COSTS Administration Fee: £1,650 (£1,375 plus VAT)

Please see the legal pack for any further costs.Tenure: See Legal PackDisbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Floorplans

3 bedroom mixed use for sale