Commercial Property
False
The property occupies a semi rural position fronting Gun Hill being a short distance from the centre of New Arley, and just south of Oakridge Golf Club.
New Arley is located approximately 5 miles west of Nuneaton, 10 miles north of Coventry, 14 miles south east of Tamworth and 7 miles east of Coleshill. The property is conveniently situated with good access to the Midland motorway network including the M6, M6 Toll, M42 and M69.
The property comprises a detached single storey former community centre of sectional concrete construction with a brick built entrance hall at the front and a further brick built premises at the rear of the site. The buildings extend to approximately 885 sq.ft. (82.00 sq.m.) and benefit from central heating and UPVC double glazed windows.
The building is located towards the rear of a level approximately rectangular shaped plot extending to approximately 0.22 acres. There is a gated gravelled area to the front providing good car parking. We are advised that the property was used by Arley Parish Council and a local football club for many years and the premises are considered for a variety of other community activities and commercial uses subject to any necessary planning permission. All interested parties should make their own enquiries of the local planning authority in respect of their proposed future use.
Commercial Investment
A Freehold Former Community Centre extending to approximately 885 sq.ft. (82.00 sq.m.) considered suitable for a variety of community and commercial uses or redevelopment subject to obtaining the appropriate planning permission, currently let on two Leases
Current Rental Equivalent to £27,600 pa.
We understand that the property is Freehold subject to two short term lettings to Westville Limited for external storage and Tyler Chloe Davidson in respect of the main building.
We have not had sight of any legal documentation relating to these lettings but understand the current rental is the equivalent of £27,600 per annum.
We understand that VAT will not be chargeable upon this transaction.
Strictly by arrangement with the Auctioneers.
