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5-6 High St 3,705 SF Retail Building Coventry CV1 5RE $832,745 ($224.76/SF)



INVESTMENT HIGHLIGHTS
- City Centre location
- Opportunity to acquire a freehold investment
- Longer term development potential
EXECUTIVE SUMMARY
The property is let to HSBC Bank on a lease for a term of 10 years from 21 November 2016 at a rental of £56,500 per annum. The lease is held on full repairing and insuring terms and incorporates a tenant only break at the fifth anniversary, which has now passed. Asking price for offers around £625,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,705 SF
Building Class
B
Year Built
1997
Price
$832,745
Price Per SF
$224.76
Tenancy
Single
Building Height
3 Stories
Frontage
18’ on High Street
AMENITIES
- Security System
- Storage Space
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NEARBY MAJOR RETAILERS
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MATTERPORT 3D EXTERIOR
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5-6 High St
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