Summary - 113, WHEELWRIGHT LANE CV6 4HN
1 bed 1 bath Commercial Property
Freehold twin-shop unit with strong rental uplift and vacant possession at auction.
- Freehold mixed-use retail unit, prominent street-facing frontage
- Approximately 55.2 m² (593 ft²) of flexible trading and ancillary space
- Vacant possession; offered for sale at auction with guide price £145,500
- Estimated market rent c. £16,000 pa; clear reletting potential
- EPC rating E (111); energy performance below modern standards
- Built before 1900; timber frame and assumed no wall insulation
- Small external/service area and low internal ceiling heights
- Flat roof and general refurbishment may be required to maximise value
A rare freehold retail opportunity in a prominent Wheelwright Lane position, offered with vacant possession and sold at auction. The property comprises two linked trading areas previously used as a mobile phone shop to the front and a florist to the rear, providing about 55.2 m² (593 ft²) of flexible retail and ancillary space including storage, kitchenette and WC.
Estimated market rent is c.£16,000 per annum, giving clear reletting or owner-occupation potential at the guide price of £145,500. The compact footprint and direct street frontage suit a local-high-street operator or a buy-to-let investor targeting steady rental growth in a dense urban suburb of Coventry.
Buyers should note practical issues: an EPC rating of E (111), assumed lack of wall insulation, a flat roof and generally low ceiling heights. The building is pre-1900 timber-framed construction and the external/service area is small, so some maintenance or refurbishment may be needed to maximise rental value. The property is sold with vacant possession and will be offered at auction, so purchasers must be prepared for the auction process.
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