Prominent freehold mixed-use commercial and residential investment
Located within popular residential suburb of Coventry on established retail parade
Situated a short walk from various local amenities and schools
Gross rental income of £69,600 p.a.x.
Excellent asset management and rental uplift potential
The property comprises a two-storey mixed-use commercial and residential premises totalling approx. 4,866 sq. ft. on a site area of 0.25 acre.
The property is of traditional brick construction with part rendered elevations and uPVC double glazed windows, beneath a pitch tiled roof.
The ground floor provides two commercial units currently trading as an MOT/repair garage and car wash. Internally, the property provides workshop, offices, and ancillary accommodation.
Externally, there is a canopied tarmacadam forecourt to the front and concrete yard/carparking for approx. 10 vehicles to the rear.
There are 4 no. self-contained 2 bed flats to the first floor with resident access via Malmesbury Road and Beake Avenue.
The property is located within the popular residential suburb of Keresley Heath approx. 2.5 miles north of Coventry City Centre. Coventry is one of the most populous cities within the UK and benefits from excellent connectivity by road, rail, and air.
The property is situated on Beake Avenue the main arterial road between Coventry City Centre and Junction 3 of the M6 to the north, less than 2 miles from the property.
The property occupies a prominent corner position at the junction of Beake Avenue and Malmesbury Road and forms part of the established Beake Avenue retail parade. There are several schools within walking distance including Parkgate Primary School, Holy Family Catholic Primary School, Whitmore Park Primary School and Cardinal Newman Catholic School. There is extensive retail, leisure, and food and beverage provision within the immediate area and a number of bus stops located immediately adjacent to the property, providing regular services into Coventry City Centre.
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