21-25 Newdegate St
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21-25 Newdegate St
6,271 SF 100% Leased Office Building Nuneaton CV11 4EJ $544,213 ($87/SF)
Investment Highlights
- Fully Let Freehold Investment
- Town Centre Position
- £42,725 per annum currently payable
Executive Summary
The subject property fronts directly onto Newdegate Street, close to the commercial pedestrianised heart of Nuneaton town centre and almost directly opposite the popular Abbeygate Shopping Centre.
Nuneaton Bus Station and the Railway Station are close by and there are several pay and display car parks in the immediate vicinity.
This is an attractive fully let freehold investment opportunity comprising two floors in a modern block of a four storey building and consisting of E Use Class tenanted retail and office premises.
Specifically the retail element comprises a sizeable Salvation Army Charity Shop with ancillary first floor accommodation and a separately let barber's shop.
Otherwise the office element at first floor level comprises (potentially) two suites of accommodation which are currently let to a single tenant having access to separate w.c. facilities.
The current leases expire in either 2027 or 2033 with a reserved rent of £42,725 per annum presently payable (with rent reviews on two of the tenancies in 2025 and 2026).
Further details are available on application.
Nuneaton Bus Station and the Railway Station are close by and there are several pay and display car parks in the immediate vicinity.
This is an attractive fully let freehold investment opportunity comprising two floors in a modern block of a four storey building and consisting of E Use Class tenanted retail and office premises.
Specifically the retail element comprises a sizeable Salvation Army Charity Shop with ancillary first floor accommodation and a separately let barber's shop.
Otherwise the office element at first floor level comprises (potentially) two suites of accommodation which are currently let to a single tenant having access to separate w.c. facilities.
The current leases expire in either 2027 or 2033 with a reserved rent of £42,725 per annum presently payable (with rent reviews on two of the tenancies in 2025 and 2026).
Further details are available on application.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
6,271 SF
Building Class
B
Year Built
1962
Price
$544,213
Price Per SF
$87
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
2,000 SF
Amenities
- Storage Space
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21-25 Newdegate St
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