Summary - 34, CENTRAL AVENUE CV11 5BB
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Large two-story retail property totaling 5,333 sq ft
- Currently tenanted with an annual income of £25,000 (notice served for renewal)
- Prominent location on Central Avenue with excellent exposure and foot traffic
- Off-street parking available for staff and deliveries
- Well-maintained commercial space ideal for retail or mixed use
- Close proximity to town center and major road networks (A444, M6, M69)
**Potential Downsides:**
- No outdoor space or garden available
- Located in a high-crime area (very high)
- Area classified as very deprived
This substantial two-story retail property, strategically located on Central Avenue in Nuneaton, presents an exceptional investment opportunity. Spanning over 5,333 sq ft, it features a spacious ground floor showroom with excellent visibility thanks to five expansive front windows, perfect for attracting foot traffic. The building currently serves as a heating appliance retail space (Central Stoves), generating an annual rental income of £25,000, with renewal processes already in motion.
Practical amenities include dedicated off-street parking for staff and deliveries, contributing to the site's accessibility for commercial operations. While the area does face challenges, such as high crime rates and economic deprivation, its commercial potential remains undeniable, especially given the property’s proximity to a mix of retail and residential uses. This is an ideal choice for investors seeking a property with annual income and flexibility for future renovation or mixed-use opportunities. Act quickly to seize this rare commercial offering!
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