Summary - Flat, 345 Holbrook Lane CV6 4DG
1 bed 1 bath Retail Property (out of town)
**Standout Features:**
- **Freehold Retail Investment**: Two-storey retail unit with A3/A5 consent.
- **Current Income**: Fully let producing £26,000 per annum.
- **Long Lease**: Extended lease until 2040, no break clauses.
- **Prominent Location**: Situated on Holbrook Lane, with excellent visibility and foot traffic.
- **Amenities**: Close to schools, supermarkets, pubs, and other essential services.
**Potential Downsides:**
- **Limited Lease Term**: Only 17 years left, which may pose challenges for mortgage lenders.
- **Building Condition**: Structurally built in the early 20th century, no insulation noted, may require updating.
**Summary:**
This attractive retail investment opportunity located at 311 Holbrook Lane, Coventry, features a modern glass facade and a vibrant restaurant currently operating in an area with steady foot traffic. Spanning two storeys, this property is ideal for investors looking for a reliable income stream, with a long-term tenant producing £26,000 annually under a 15-year, fully repairing and insuring lease extended until 2040. Future owners will appreciate the accessibility to a variety of amenities within 250m, including schools, supermarkets, and public transport.
While the property's age and insulation status should be considered, its notable location and proven rental history offer solid investment potential. Act quickly to secure this freehold property, as opportunities like this in a desirable area don’t stay on the market for long!
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