FREEHOLD
***Cash Buyers Only***
Once locally known and established as "Columbos", a successful local convenience store, this spacious, mid terraced accommodation offers over 1500 sq feet of living space over two storeys.
With four double bedrooms to the first floor and cleverly "separated" living spaces downstairs, the property could be easily reinstated to, subject to planning consents, substantial retail usage.
Alternatively, with three large reception areas, two kitchens and two bathrooms the property, with plentiful parking to the rear, could become a substantial HMO with a very attractive yield, also as this property was previously a shop, the licence could be changed to commercial making this an ideal home/business.
Currently in use as a residential dwelling the property is certainly far larger than the current owners require hence the wish to move.
From the front hallway, separated living accommodation can be accessed to the frontage as well as the rear, with either side benefitting from both a kitchen and living room. The right hand wing also presents a ground floor shower room and additional dining area as well.
Upstairs, all of the bedrooms are double and are complimented by a family bathroom.
The rear of the property, accessible most conveniently off Proffit Avenue, provides gated access for a number of vehicles as well as presenting additional patio or potential storage space.
Adaptable, spacious and very deceptive, this property offers a wealth of residential and commercial potential alike.
Situated upon the crossroads intersecting Proffitt Avenue and Sewall Highway, this location is" highly visible" and an ideal convenience or private supermarket location. With parking for private vehicles and trades to the direct rear the property although now residential, could again become an ideal retail unit with living accommodation above.
The A444 sits approximately 200 metres away and direct access into Coventry via the Stoney Stanton Road is certainly straightforward.
The Ricoh Arena and its many retail amenities can be found less than two miles from the property and even closer to home the Gallagher Retail Park can be found less than a ten minute walk away.
Centre AT7, almost opposite the property is where a swimming pool, gymnasium and football pitches can be found.
An ideal location for trade and local families alike.
Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.
Awaiting
This property is offered for sale via the Reservation Fee Service which is a flexible and buyer friendly method of purchase. The purchaser will be given 90 working days in which to complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Merchant may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Merchant authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Merchant.
If the vendor accepts an offer, the buyer will be required to make payment of a non-refundable reservation fee of £4,863 including VAT and a legal pack charge of £372 including VAT. This reserves the property for the buyer during the Reservation Period. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium is in addition to the final selling price and is considered within calculations for Stamp Duty Land Tax.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.