Walsgrave Road, Stoke

GBP 225,000
For Sale

Property Details

Property Type

Shop

Description

Property Details: • Type: Shop • Tenure: N/A • Floor Area: N/A

Key Features: • Versatile commercial property with an attached two-bedroom residential flat, ideal for investment. • Commercial unit covers 14 square meters and is currently leased as a beauty salon. • Combined rental income of £937.50 per month, set to increase to £1,100 in April 2025. • EPC Rating - Commercial Premises - D • EPC Rating - Flat - E • Convenient Location within Ball Hill Shopping Area • Excellent investment opportunity with established tenants and potential for rental growth.

Location: • Nearest Station: Coventry Station • Distance to Station: 1.4 miles

Agent Information: • Address: 112 Walsgrave Road, Coventry, CV2 4ED

Full Description: An excellent opportunity to acquire a versatile commercial property with an attached two-bedroom residential flat, offering both rental income and flexibility of use.The A1/A2 commercial unit, covering approximately 14 square meters, is currently operating as a beauty salon. This single unit has its own electric and water meters, providing independence for utility management. The property benefits from high foot traffic on the busy high street, with bus stops conveniently located right outside, ensuring excellent accessibility.At the rear, the property features a two-bedroom flat arranged over two floors. The ground floor comprises a lounge, a fitted kitchen, and a bathroom, while the first floor includes two double bedrooms, making it an ideal living space. The flat benefits from gas central heating, double glazing, and an enclosed garden. The location offers easy access to local amenities, including schools and libraries, and is just a 20-minute walk to the city centre.The property’s current combined rental income is £937.50 per month, with a scheduled increase to £1,100 starting in April 2025. Both the commercial and residential spaces are separately metered for water and electricity, with gas supply exclusive to the flat.This premises presents an attractive investment opportunity with established rental income and strong growth potential.BrochuresWalsgrave Road, StokeBrochureEnergy Performance CertificatesEE Rating

Location

Address

Walsgrave Road, Stoke

City

Coventry

Features and Finishes

Versatile commercial property with an attached two-bedroom residential flat, ideal for investment., Commercial unit covers 14 square meters and is currently leased as a beauty salon., Combined rental income of £937.50 per month, set to increase to £1,100 in April 2025., EPC Rating - Commercial Premises - D, EPC Rating - Flat - E, Convenient Location within Ball Hill Shopping Area, Excellent investment opportunity with established tenants and potential for rental growth.

Legal Notice

This website uses cookies to ensure you get the best experience. Learn more