21-25 Newdegate Street, Nuneaton CV11 4EJ

Property Details: • Type: 3,083 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Fully Let Freehold Investment • £42,725 per annum currently payable • 286.42 sq.m. (3083 sq.ft.) • Town Centre Position • Offers Based on £435,000

Location: • Nearest Station: Nuneaton Station • Distance to Station: 0.3 miles

Agent Information: • Address: 29 Warwick Row, Coventry, CV1 1DY

Full Description: The subject property fronts directly onto Newdegate Street, close to the commercial pedestrianised heart of Nuneaton town centre and almost directly opposite the popular Abbeygate Shopping Centre.Nuneaton Bus Station and the Railway Station are close by and there are several pay and display car parks in the immediate vicinity.This is an attractive fully let freehold investment opportunity comprising two floors in a modern block of a four storey building and consisting of E Use Class tenanted retail and office premises.Specifically the retail element comprises a sizeable Salvation Army Charity Shop with ancillary first floor accommodation and a separately let barber's shop.Otherwise the office element at first floor level comprises (potentially) two suites of accommodation which are currently let to a single tenant having access to separate w.c. facilities. The current leases expire in either 2027 or 2033 with a reserved rent of £42,725 per annum presently payable (with rent reviews on two of the tenancies in 2025 and 2026).Further details are available on application.Accommodation:Salvation Army: 1,394.00 sqft Office Space: 1,242.00 sqft Barber Shop: 447.00 sqft Total: 3,083.00 sqft