Freehold Development Site Located In Nuneaton Town Centre

Nuneaton, CV11 5AH
£225,000
Business ID:
#2509
£225,000
  • Ref: 2509
  • Type: Development Site
  • Availability: For Sale
  • Veritas Categories: Commercial Property, Development Site, Land
  • Business ID: 2509
  • Commercial Tenure: Freehold
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Property Features

  • Development Opportunity
  • Town Centre Location
  • Commercial & Residential (C3) Mix
  • Retail 1600 SQ FT Ground Floor
  • 2 X 2 Bed Flats First Floor
  • 3 X 1 Bed Flats Second Floor

Full Details

Freehold Development Site Located In Nuneaton Town Centre
Planning Passed To Demolish The Existing Building
Erection Of A 3 Storey Building
Retail A1 Use On Ground Floor (1,600 sq ft)
First Floor Residential (C3) (2 X 2 Bed Flats)
Second Floor Residential (C3) (3 X 1 Bed Flats)
Ref 2509

Location
This Development Site is located within Nuneaton town centre. Situated within a prominent and highly visible trading position on Corporation Street which is adjacent to Halfords and in close proximity to the Ropewalk Shopping Centre and Abbeygate Shopping Centre. The town offers an array of large retailers, bars and restaurants and is easily accessed by the A444 and is 0.4 mile from Nuneaton Train Station.

Asking Price: £225,000

Business Description
Veritas Business Sales are privileged to offer to the market this unique opportunity to acquire a development opportunity which is located in Nuneaton town centre. The property currently trades as a bed retailer and has planning consent to be demolished and replaced with a new ground floor retail showroom (approximately 1,600 sq ft). To the first floor there will be 2 x 2 bedroom flats and to the second floor there will be 3 x 1 bedroom flats. The current tenant is happy to lease the ground floor showroom from the new purchaser.
We believe that is a superb opportunity to purchase a town centre development opportunity which is a great base to build upon and as such early viewing is highly recommended as this is not to be missed.

EPC Rating D