Property

* SOLD PRIOR TO AUCTION *

*IN THE ROOM AND LIVESTREAM*

To be sold via Public Auction on Thursday 11th July 2024 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ

Just turn up with 2 forms of ID (no need to pre-register) or register via our website for online, proxy or telephone bidding.

passport.eigroup.co.uk/bidder-registration/loveitts

GUIDE PRICE: £600,000 - £650,000

* SOLD PRIOR TO AUCTION *

Development opportunity. Former cinema/night club/social club, with planning permission granted (conditional) for demolition and redevelopment to residential/student accommodation with ground floor retail use. Sought after location close to local amenities and the City centre. Site extends to approximately 0.24 acres.

CURRENT ACCOMMODATION GROUND FLOOR
Entrance lobby:
Bar area:
LOWER GROUND FLOOR
Dance floor/social area
W.C. facilities
Store room.
FIRST FLOOR
Social area
Storage
PROPOSED ACCOMMODATION Up to 5 floors of accommodation with retail premises to the ground floor. Access via Far Gosford Street and Vecqueray Street.
EPC RATING - B
PLANNING Planning permission was granted on appeal 10/11/2023 for:

"Demolition of existing buildings and redevelopment of the site for student accommodation with a commercial unit on the ground floor"

Planning reference: FUL/2021/1734

For further information please contact:
Coventry Council
Web: [use Contact Agent Button]
[use Contact Agent Button]
TENURE Freehold with vacant possession.
SERVICES Electricity, water, gas and mains sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)
ADDITIONAL COSTS Administration Fee: £1,650 (£1,375 plus VAT)
Buyer's Premium: £3,600 (£3,000 plus VAT)
Please see the legal pack for any further costs.

Tenure: See Legal Pack

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.