fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

70 Coton Road, Nuneaton, CV11 5TS

Lot no: 5.0 Sold After Auction for £165,000
 

Guide Price £175,000 plus fees


Tuesday 12th April 2016

12.00am
Key Features
Former Pub with Planning Permission
Add to favourites
Sold After Auction for £165,000

Detached House

Property Description

The property comprises a former, detached, public house with accommodation arranged over 3 floors. There is a rear plot/garden with access via Edward Street. The property is well located close to Nuneaton town centre, good road links and local amenities.

Planning permission granted for a total of 10 apartments. The conversion of the main pub into 4 flats and the erection of a new block of 6 apartments to the rear.

Planning- 1
Permission granted on 21st March 2013 by Nuneaton and Bedworth Borough Council (under ref: 031554) for change of use from public house (with existing residential) to four x 1 bedroom self contained flats.

Planning- 2
Permission granted on 11th February 2016 on appeal (under appeal ref: APP/W3710/W/15/3133046) for the erection of six x 1 bedroom self contained flats on the land to the rear of the existing public house

An excellent investment opportunity. Once renovated the rental income in total would be in the region of £60,000 per annum.

Viewing details
By appointment with the auctioneers - 0116 254 9654

Feature 1

Development Site

Feature 2

Planning Permission for 10 Apartments

Feature 3

Conversion of Pub to 4 Apartments

Feature 4

New Build Block of 6 Apartments to the Rear

Feature 5

EPC: E

Tenure: