No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Front T202408141144.jpg
Front T202408141144.jpg
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Guide price£580,000
Added < 14 days

Retail property (high street) for sale

4-6, Hay Lane, Coventry, West Midlands CV1 5RF
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Retail property (high street)
0 bed
0 bath

Property description & features

  • In room and livestream auction
  • Former restaurant with offices
  • City centre location
  • Close to Cathedral
  • Over 4,000 sqft
  • 3 floors plus basement
  • Approximately 0.25 miles to the
  • 0.6 miles to railway station

*IN THE ROOM AND LIVESTREAM*

To be sold via Public Auction on Thursday 21st November 2024 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ

Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.

GUIDE PRICE: £580,000 - £620,000

Unique opportunity - mixed use. Former restaurant, with 2 floors of offices above, plus basement, extending to approximately 4,276 sqft in total. City Centre location close to the Cathedral, just off High Street. Approximately 0.25 miles to the University and 0.6 miles to railway station. Grade II listed, within conservation area, the property is full of character and potential for various uses (subject to consents).

LOCATION Within the heart of the City Centre the property is on Hay Lane which runs between Bayley Lane and High Street.
ACCOMMODATION BASEMENT
GROUND FLOOR
Restaurant/retail area:
Kitchen:
W.C.
FIRST AND SECOND FLOOR
Various offices plus W.C. facilities.
EPC RATING Ground floor and First Floor EPC - D
Second Floor EPC - D
TENURE Freehold with vacant possession.
ADDITIONAL COSTS Administration Fee: £1,650 (£1,375 plus VAT)
Buyers Premium: £2,400 (£2,000 plus VAT)
Please see the legal pack for any further costs.

Tenure: See Legal Pack

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Places of interest

    Positioned in the heart of Coventry, Loveitts has proudly served the city since 1843, helping generations of homeowners successfully buy, sell, rent or let their property. From our offices in Warwick Row, our team of experts are on-hand to provide bespoke advice and valuable support for all matters relating to property, land, investments and professional advice. As Coventry and Warwickshire’s leading auctioneers, Loveitts also offers a comprehensive auction service, selling residential and commercial property, as well as land and development opportunities. Our business is built on a strong reputation that comes with over 175 years in business and we pride ourselves on helping our customers make the right property decision.

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    *DISCLAIMER

    Property reference 202408021202sq_kl81_copy_2024-11-01_102614. The information displayed about this property comprises a property advertisement. We Are The Market and OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Loveitts - Auctions.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.