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Offers in the region of £750,000

17 Spon Street

Coventry, CV1 3BA

The Space

FREEHOLD RESIDENTIAL AND COMMERCIAL DEVELOPMENT OPPORTUNITY

At a glance

Property Type Investment
Tenure For Sale
Size 6,500 sq ft
Price Offers in the region of £750,000
Business Rates Upon Enquiry
Energy Performance Rating This property has been graded as C (62)

Coventry
10 mins


Canley
28 mins


Coventry Arena
56 mins


Tile Hill
67 mins


Chesham
1196 mins


Amersham
1232 mins


Chalfont and Latimer
1262 mins


Chorleywood
1298 mins


Key Points

  • Listed premises in the heart of the City Centre of Coventry
  • Detailed planning consent for conversion into 5 apartments plus retail unit.

Description

To the Spon Street frontage there is shop front with rendered walls at ground level and to the first-floor elevation there are 4 x UPVC windows. Side doorway accessing a side passageway.

Internally, the accommodation comprises reception salon area with fitted counter, rear store and external access.

Front salon - 10.85m x 4.24m
Rear salon - 8.725m x 4.611 m

Strip lights to ceiling, laminate flooring, gas central heating throughout, exposed timber beams.

Rear lobby - 5.085m x 6.037m (with rear bar area with fitted bar and ceiling lights). Rear toilets and separate kitchen area.

Boiler room housing wall mounted gas fired boiler. Door to rear.

Internal stairs leading to:-

First floor room - 6.12m x 9m (previously used as photographic studio). Double glazed windows to rear, laminate flooring and raised sale area.
Second room - 6.59m x 5.66m (No natural light).

Further internal staircase leading to first floor landing with door providing access to formerly mentioned photographic studio, WC with wash-hand basin.

Central room - 10.74m x 5m (with exposed roof timbers and laminate flooring).

Inner landing with door to fire exit.

Front room - 5.4m x 4.33m
Front room 2 - 3.711m x 5.43m

Open staircase leading to 2nd floor attic rooms.

Room 1 – 4.49m x 5.35m (exposed wall timbers)
Room 2 – 3.62m x 5.64m

Outside at the rear is a small courtyard garden area with permissive fire exit right of access over adjoining property.

The Location

The property is located in Spon Street, an historic area with many varied period and Listed buildings.

Spon Street occupies a prominent and highly accessible position within the western part of Coventry City Centre.

The building is located just behind the former IKEA store (currently under refurbishment) and is surrounded by a range of commercial, leisure and hospitality premises.

Spon Street is a dead end and there is on street time limited car parking permitted.

The location benefits from excellent road connectivity with Spon Street linking directly into the wider city centre highway network and the A4053 Coventry Ring Road. The Ring Road provides rapid access around Coventry and connects with principal arterial routes serving the city and wider West Midlands.

Services

We understand that all mains services are either connected to the property or are available for connection to the property. Wareing & Company have not tested any apparatus on site and therefore, cannot verify the conditions. Interested parties are advised to make their own enquiries.

Planning

Enquiries should be made of Planning Department, Coventry City Council on 02476 831109. A copy of the planning consent and scheme for the refurbishment of the building to comprise 5 flats and a commercial element are attached.

EPC

C62 - A copy can be made available upon request.

Business Rates

Rateable Value:
Ground Floor £13,750
1st and 2nd Floors £12,250

Price

Offers in the region of £750,000 are invited for the freehold interest subject either to vacant possession or a leaseback of the ground floor commercial premises.

Legal Costs

Each Party will meet their own legal and professional costs.

AML

The Money Laundering Regulations require us to conduct checks upon all Purchasers including Tenants. Prospective Purchasers will need to provide proof of identity and residence. For a
company any person owning more than 25% must provide the same.

Offers in the region of £750,000

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