Block of flats for sale in 4, Corporation Street, Nuneaton CV11

The subject site is located within Nuneaton's Inner Ring Road (the A444 Roanne Ringway) so occupies a town centre location with a variety of predominantly commercial uses alongside.

A range of shops are available on the doorstep (Halfords and Dreams with their associated customer car park are diagonally opposite) together with various pubs and restaurants and the town's bus station and railway station are within a short walking distance.

A number of pay and display public car parks are also close by.

This is a prominent new build 3 storey mixed commercial and residential investment opportunity comprising an already let retail showroom at ground floor level with two self contained 2 bedroomed apartments on the first floor and three 1 bedroomed apartment on the second floor.

A rent of £20,000 per annum is currently payable on the ground floor and there is a total annual income of £66,740 per annum for the whole.

Otherwise the building's features include, an A EPC rating, door intercom, 5kw solar power connectivity, smoke alarm and emergency lighting, Openreach connectivity to each apartment and a 10 year ahci new build warranty.

The asking price has just been reduced from £950,000 to £895,000 for an immediate sale.

Accommodation:
Ground Floor: 1,378.00 sqft
First Floor: 1,292.00 sqft
Second Floor: 1,280.00 sqft
Total: 3,950.00 sqft