Harefield Road, Nuneaton
- Located in the prominent Abbeygate shopping centre in Nuneaton
- Two car parking spaces
- Arranged over two storeys
- Suitable for alternative uses (STPP)
- NIA - 1,591 sq ft (147.8 sq m)
Retail
To Rent: £17,000 Per annum, For Sale: £140,000
1,591 Sq Ft (147.8 Sq M)
Description
The subject property comprises prominent retail premises located within the Abbeygate shopping centre in Nuneaton town centre. Adjacent occupiers include Savers, Scope, TUI, Subway & Greggs
The property benefits from a prominent frontage to Harefield Road with roller security shutters. To the ground floor, there is a retail sales area, rear sales area and ancillary stores. To the first floor, there is a further office/store and WC facilities.
We are advised that there are two car parking spaces included with the property.
Location
The property is located within the Abbeygate shopping centre in the heart of Nuneaton town centre, with a prominent frontage onto Harefield Road. Harefield Road links Nuneaton's main bus station with the pedestrianised centre of Nuneaton, centered around Market Place and Queens Road.
Nuneaton is the largest town in Warwickshire, population circa 91,334 (2020 estimate), and is located approximately 24 miles east of Birmingham and 9 miles north of Coventry. Motorway access to the town is extremely good, being 5 miles north of the M6 junction 3 and having good links to the M69/M1 and M42 motorways. Rail services to London Euston are available from Nuneaton via the West Coast mainline with a shortest journey time of approximately 58 minutes. Major facilities include the Abbeygate Shopping Centre and Ropewalk Shopping Centre.
Accommodation
| Size | Description | |
|---|---|---|
| Ground | 988 Sq Ft (91.79 Sq M) | Retail Sales |
| Ground | 107 Sq Ft (9.94 Sq M) | Rear Sales |
| Ground | 13 Sq Ft (1.21 Sq M) | Store |
| Ground | 23 Sq Ft (2.14 Sq M) | Store |
| First | 459 Sq Ft (42.64 Sq M) | Office/Stores |
Services
We understand mains electricity, water and drainage are connected to the subject property.
Tenure
The property is available to rent on a new full repairing and insuring lease, for a term to be agreed, at a commencing rental of £17,000 per annum exclusive. Alternatively, the long leasehold interest in the subject property is available, subject to vacant possession, at an asking price of £140,000. The headlease is for a term of 99 years from 5 November 1967 (approx. 40 years unexpired) at a ground rent of £1 per annum.
Legal Costs
Letting - As is standard, the ingoing tenant is to cover the landlord's legal costs in respect of the lease and rent deposit deed.
Sale - Each party to bear their own legal costs.
Energy Performance Certificate
EPC Rating - D(97)