Retail premises for sale in 127-129 Radford Road, Coventry CV6

£650,000 (£611.48/sq. ft)
Interested in this property? Call +44 24 7511 9995 * or Request Details

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Retail premises for sale

1,063 sq. ft*

Property features

  • Situated on busy main road
  • Current rental income: £46,700 per annum
  • Ground floor leased to Betfred until 2027
  • Surrounded by reputable local occupiers
  • Close Proximity to Coventry City Centre
  • Investment Purchase

Property description

The property consists of a double fronted retail unit and 3 residential flats. The retail space is currently let to Betfred until January 2027, at a rent of £27,500 per annum and the flats are also fully let. The total annual rental income is currently £46,700.

The Radford area has seen an attractive 6% growth in residential values within the last 12 months, with the rest of Coventry also seeing overall growth (Source: Nimbus Maps).

The property is located on Radford Road, the main high street running through the Radford area of Coventry, to the north of the city centre. The property is well connected to central Coventry and its surrounds, being just a 2 minute drive from the ring road and 5 minutes from the A444 which provides excellent access to the M6 motorway. The city centre is also approximately 15 minutes on foot.

Coventry itself offers easy access by train or by road to Birmingham and London, as well as local towns such as Warwick, Leamington Spa, Rugby and Nuneaton.

Strictly by appointment with the agent Bromwich Hardy.

Each party is to bear their own legal and surveyors costs incurred in this transaction.

Situated on busy main road

Current rental income: £46,700 per annum

Ground floor leased to Betfred until 2027

Surrounded by reputable local occupiers

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Bromwich Hardy, CV3 on +44 24 7511 9995 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bromwich Hardy, and do not constitute property particulars. Please contact Bromwich Hardy for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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