Property photos
Sold STC
Auction
£280,000
3 bed retail premises for sale
23 Upper Abbey Street, 1 And 2 Abbey Green, Nuneaton, Warwickshire CV113 beds
3 baths
Local area information
Property location
Nearby amenities
- Abbey CofE Infant School 0.1 miles
- Queen's Church of England Academy 0.4 miles
- Nuneaton 0.5 miles
- Bermuda Park 1.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Nuneaton to find out more about the local area.
Features and description
** sold prior ***
**in the room and livestream**
To be sold via Public Auction on Thursday 11th July 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.
Guide price: £280,000 plus
** sold prior**
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.
Services Mains electricity, gas, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)
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 Pack
**in the room and livestream**
To be sold via Public Auction on Thursday 11th July 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.
Guide price: £280,000 plus
** sold prior**
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.
Services Mains electricity, gas, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)
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 Pack
Floor plans and tours
Floor plans (1)
Tours
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More information
Listed by
Loveitts - Auction
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