£650,000

Retail Property (high Street) Commercial

Radford Road, Coventry, West Midlands, CV6

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First listed on: 16th September 2022

Nearest stations:

  • Coventry (1.5 mi)
  • Coventry Arena (2 mi)
  • Canley (2 mi)
  • Tile Hill (3.8 mi)
  • Bedworth (4.6 mi)

Interested?

Call: See phone number 02476 308900

Further Informations

Epc

More Information

Property Features

  • Situated on busy main road
  • Current rental income: ?46,700 per annum
  • Ground floor leased to Betfred until 2027
  • Surrounded by reputable local occupiers
  • Close Proximity to Coventry City Centre

Property Description

The property consists of a double fronted retail unit and 3 residential flats. The retail space is currently let to Betfred until January 2027, at a rent of ?27,500 per annum and the flats are also fully let. The total annual rental income is currently ?46,700.The Radford area has seen an attractive 6% growth in residential values within the last 12 months, with the rest of Coventry also seeing overall growth (Source: Nimbus Maps).

The property is located on Radford Road, the main high street running through the Radford area of Coventry, to the north of the city centre. The property is well connected to central Coventry and its surrounds, being just a 2 minute drive from the ring road and 5 minutes from the A444 which provides excellent access to the M6 motorway. The city centre is also approximately 15 minutes on foot.Coventry itself offers easy access by train or by road to Birmingham and London, as well as local towns such as Warwick, Leamington Spa, Rugby and Nuneaton.

Strictly by appointment with the agent Bromwich Hardy.

Each party is to bear their own legal and surveyors costs incurred in this transaction.

Situated on busy main road

Current rental income: ?46,700 per annum

Ground floor leased to Betfred until 2027

Surrounded by reputable local occupiers

Further Informations

Epc

More Information

Property Features

  • Situated on busy main road
  • Current rental income: ?46,700 per annum
  • Ground floor leased to Betfred until 2027
  • Surrounded by reputable local occupiers
  • Close Proximity to Coventry City Centre

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Price History

Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
17/09/2022 Property listed at £650,000

Disclaimer

Disclaimer Property reference A5E60BF9F89125_2312. Details are provided and maintained by Bromwich Hardy. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by:
Bromwich Hardy, Coventry

1 The Cobalt Centre

Siskin Parkway East Middlemarch Business Park

Coventry

CV3 4PE

Tel: See phone number 02476 308900

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability

Disclaimer

Disclaimer Property reference A5E60BF9F89125_2312. Details are provided and maintained by Bromwich Hardy. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by:
Bromwich Hardy, Coventry

1 The Cobalt Centre

Siskin Parkway East Middlemarch Business Park

Coventry

CV3 4PE

Tel: See phone number 02476 308900

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability
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