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5-6 High St 3,705 SF Retail Building Coventry CV1 5RE $1,169,815 CAD ($315.74 CAD/SF)
Investment Highlights
- City Centre location
- Opportunity to acquire a freehold investment
- Longer term development potential
Executive Summary
The property is let to HSBC Bank on a lease for a term of 10 years from 21 November 2016 at a rental of £56,500 per annum. The lease is held on full repairing and insuring terms and incorporates a tenant only break at the fifth anniversary, which has now passed. Asking price for offers around £625,000.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,705 SF
Building Class
B
Year Built
1997
Price
$1,169,815 CAD
Price Per SF
$315.74 CAD
Tenancy
Single
Building Height
3 Stories
Frontage
18’ on High Street
Amenities
- Security System
- Storage Space
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Nearby Major Retailers
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Videos
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Photos
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5-6 High St
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