FOR SALE

128,000 sq ft (11,891 sq m) Approx. Net Internal Area

Dominant town centre site Department store to be sold with vacant possession

Producing £197,730 per annum income

DEPARTMENT STORE AND ASSOCIATED INVESTMENT PROPERTY

22 ABBEY STREET 21-23 QUEENS ROAD

1-5 NEW CENTURY WAY

NUNEATON, WARWICKSHIRE, CV11 5BU

LOCATION

The property is located at the heart of Nuneaton Town Centre. The property fronts both Queens Road, Abbey Street and New Century Way. Queens Road and Abbey Street are two of the main shopping frontages within the town.

DESCRIPTION

The property is a substantial department store over ground and first floors with frontages to both Abbey Street and Queens Road. The property also has second floor offices and some ancillary basement accommodation.

The site includes a service yard and investment property fronting both Abbey Street and New Century Way. New Century Way fronts onto a local authority car park with approximately 430 parking spaces. The department store entrance is opposite the main entrance to the Rope Walk Shopping Centre.

The property extends to approximately 128,600 sq ft (11,891 sq m), over 3 floors.

COVENTRY

NUNEATON

BIRMINGHAMM6

M6

M6

M6 TOLL

M42

M42

M40

M42

M69

2

3

51

10

11

9

SUTTON COLDFIELD

6

5

4

3A3

2

6

7

7

7A

4

A5

A5

A444

A444

A47

ABBEY STREET

QUEENS ROAD

STRA

TFOR

D STR

EET

ABBE

YGAT

E

MARKET PLACE

HAREFIELD ROAD

ABBE

YGAT

E SHO

PPIN

G CE

NTRE

COVE

NTRY

STRE

ET

DUGDALE STREET

NEW CENTURY WAY

Art W

orld

Dom

ino’

sCar

trid

geW

orld

Art A

lert

John

Chr

isto

pher

Haird

ress

ing

Age U

KHea

dway

Charit

y Sho

pAbb

ey M

usic

Stud

ios

Mob

ile M

edic

Cros

sed

Khu

kris

Italia

n Ex

pres

s

& T

op P

izza

Sum

mit

Stat

us G

roup

Her

on N

ews

Vaca

ntVaca

nt

Casi

no G

amin

g Am

usem

ents

Sens

e

The

Cove

ntry

B

uild

ing

Soci

ety

Her

on

Vaca

nt

Bre

ens

Vaca

nt

Vaca

nt

Hal

ifax

Bod

ycar

e

Cora

l

Vaca

nt

Supe

rnew

sA

bbey

gate

A Write Card

Frieda

Keri Anns

Wool Mountain

Cassandras

Sweets & Treats

Vacant

Vacant

Brighthouse

The

Blu

e B

ear

Vaca

nt

Vaca

ntTh

e M

yton

Hos

pice

s

CancerResearch UKPDSA

Toppers

Indi

a Re

d

Advice Centre

N & M Beauty

Co-opBank

Mobility &

Lifestyle

Co-opTravelAgency

Sally Salon

Services

Store

Twenty O

ne

Ali’s B

arbers

Age U

K

Cooks

Bonm

arche

Shoe Zone

Evans

Bretfred

Mobile Telephones In

ters

port

William Hill

Hannah’s Cafe

Amalfi Pizza

The Felix Holt

Men’s LobbyHalwynsNurseries

RBS

Gam

e

Cave

s

Wat

erst

ones

HSB

C

Clai

re’s

Vacant

Boots Opticians

Clintons

Cashino Gaming

Santander

GreenwoodsVaca

ntPoun

dlan

d

Vaca

nt

Ladb

roke

s

Spec

save

rs

Hea

rcar

e

H Johnson

& Son

Martins

Anthonys Cafe

Natural N

ail Care

Exclusively

Yours

Heatw

ave

Solarium

Complexions

The

Money

Shop

Alsters

Kelley

City Pizza

Label

Office

Citizens

Advice

Bureau

Garage

Stores

Blue Inc

Bull &

Young

Ministry of Design

Schuh

Accessorize

The CarphoneWarehouse

Ernest Jones

Vacant

Vacant

99p Stores

McD

onald’s

Thorntons

Greggs

Clarks

Vacant

Vision Express

Cafe N

ero

CEX

Vacant

Select

Dorothy P

erkins

Sue Ryder C

are

Superdrug

River Island

Perfume Shop

Barclays

Poundland

Silouette

Emm

aus

Hol

land

& B

arre

tt

Nat

wes

t

Luna

Blu

e

Bags R Us

Lifestyle Express

Davidson Shoes

Magenta Clothing

Peacocks

Rym

ans

Car

d Fa

ctor

y

The SchoolwearCentre

EE

Thom

as C

ook

BH

F

DC

Lea

ke

Bearstow Eves

Vacant

Daniels

Sew& So

Cheq

ue C

entr

e

TENANCY

ADDRESS TENANT EXPIRY REVIEW RENT

Abbe

y St

reet

, N

unea

ton

CV1

1 5B

T

16 Cheque Centres Limited 21/03/2022 22/03/2017 8,800.00

22 Nuneaton Credit Union Limited 02/12/2013 2,500.00

23A Mr Kevin Radford 17/07/2016 11,000.00

23B D P Realty Limited Ref 28054 27/06/2029 15,500.00

23C Mr J C Colman 15/05/2017 10,500.00

23D Mr Stuart Lloyd 23/06/2016 11,000.00

23E The Trustees of Warwickshire Employment Right 06/05/2021 07/05/2016 10,000.00

23F Age UK Warwickshire 28/09/2016 14,500.00

Advertising Rights Abbey Street, Gable

The Allam Group 29/05/2017 700.00

New

Cen

tury

Way

, N

unea

ton

CV1

1 5N

E

1 N & M Beauty Services Ltd 30/09/2020 01/10/2017 14,000.00

2 Co-op Bank 17/12/2019 14,000.00

3 Jason Wittering 15/05/2021 15,500.00

4 Jason Wittering 15/05/2021 15,000.00

5 TCCT Retail Ltd 20/11/2018 13,500.00

6 JHP Group Limited 17/11/2015 23,230.00

15 Sally Salon Services Limited 12/01/2016 18,000.00

TOTAL £197,730

Viewing Strictly via appointment with our joint agents

STEVEN COX 0121 213 6767 STEVE.COX@BRUTONKNOWLES.CO.UKWWW.BRUTONKNOWLES.CO.UK

DAVID WALTON 0121 455 9455DAVID.WALTON@HARRISLAMB.COMWWW.HARRISLAMB.COM

Important: These brief particulars have been prepared as agents for our clients and are intended as a convenient guide to supplement an inspection or survey. Their accuracy is not guaranteed. They contain statements of opinion and in some instances we have relied on information provided by others. You should verify the particulars on your visit to the property and the particulars do not obviate the need for a full survey and all the appropriate enquiries. Accordingly, there shall be no liability as a result of any error or omission in the particulars or any other information given. September 2015

TENURE

The property is available freehold with part vacant possession and subject to the tenancies listed.

RENTAL INCOME

The property is presently producing £197,730 per annum as made out in the table above.

PRICE

On application.

VAT

All prices quoted are exclusive of VAT, which may be chargeable.

SERVICES

The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify they are in working order or fit for their purpose. The tenant is advised to obtain verification from their solicitor or surveyor.