Formerly The Empire, 150 Far Gosford Street, Coventry, West Midlands CV1 5DU
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- IN ROOM AND LIVESTREAM
- Student accommodation plus commercial
- Development opportunity
- Former cinema/social use
- Conditional planning permission
- Popular location
Description
**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
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:
Email:
Tel:
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.
Formerly The Empire, 150 Far Gosford Street, Coventry, West Midlands CV1 5DU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Coventry Station0.8 miles
- Canley Station2.2 miles
- Coventry Arena Station2.7 miles
About the agent
Loveitts, Coventry - Auction
29 Warwick Row, Coventry, CV1 1DY
Loveitts are Coventry and Warwickshires leading Auctioneers, and are justifiably proud of their long and successful record of selling both residential and commercial properties ?under the hammer?. Being part of the Nationwide group of Auctioneers, Auction House, Loveitts are able to provide National Coverage, Regional Expertise and Local Knowledge, with Loveitts having being established since 1843!
The firm immediately adapted to the Covid 19 pandemic by moving all bidding ONLINE. We ar
Notes
Disclaimer - Property reference 202404051131sq_wzf8. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Loveitts, Coventry - Auction. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Loveitts, Coventry - Auction on 024 7542 7371.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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