Commercial property for sale in Wheelwright Lane, Coventry, CV6
£150,000
£150,000
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Commercial property for sale in Wheelwright Lane, Coventry, CV6
ShortlistKey features
- Freehold mixed-use commercial premises.
- Prominent trading position on Wheelwright Lane, Coventry.
- Arranged as two occupiers – mobile phone shop (front) and florist (rear).
- Approx. 55.2 m² (593 ft²) of flexible retail accommodation.
- Ancillary facilities including storage, kitchen and WC.
- Current passing rent c.£9,600 per annum.
- Strong rental growth potential – estimated market rent c.£16,000 per annum.
- EPC Rating: E (111).
- Rateable Value: £8,000 (April 2023).
- Guide Price: £150,000 – excellent entry-level investment opportunity.
For Sale by Auction – Rare Commercial Investment Opportunity
113 Wheelwright Lane, Coventry, CV6 4HN
Guide Price: £150,000 | Freehold | Tutis Auctions
Freehold commercial premises in Coventry at this price point are exceptionally rare. Offering dual retail use with a prominent frontage and established trades in occupation, this property presents a standout opportunity for investors seeking a well-priced entry into the commercial property market.
Arranged as a mobile phone shop to the front and a florist to the rear, the premises provide approximately 55.2 m² (593 ft²) of flexible accommodation including ancillary storage, kitchen and WC facilities. The property is currently income-producing, with strong potential to uplift rents to around £16,000 per annum through lease restructuring, thereby enhancing both income and capital value.
Guided at £150,000, this is a rare chance to secure a freehold commercial investment in Coventry with genuine asset management upside. Opportunities of this nature are limited and highly sought-after. Early registration is strongly advised.
Viewing Arrangements: Viewings are strictly by appointment with Tutis Auctions. Prior to arranging a viewing, prospective purchasers will be required to provide proof of funds or an agreement in principle.
113 Wheelwright Lane, Coventry, CV6 4HN
Guide Price: £150,000 | Freehold | Tutis Auctions
Freehold commercial premises in Coventry at this price point are exceptionally rare. Offering dual retail use with a prominent frontage and established trades in occupation, this property presents a standout opportunity for investors seeking a well-priced entry into the commercial property market.
Arranged as a mobile phone shop to the front and a florist to the rear, the premises provide approximately 55.2 m² (593 ft²) of flexible accommodation including ancillary storage, kitchen and WC facilities. The property is currently income-producing, with strong potential to uplift rents to around £16,000 per annum through lease restructuring, thereby enhancing both income and capital value.
Guided at £150,000, this is a rare chance to secure a freehold commercial investment in Coventry with genuine asset management upside. Opportunities of this nature are limited and highly sought-after. Early registration is strongly advised.
Viewing Arrangements: Viewings are strictly by appointment with Tutis Auctions. Prior to arranging a viewing, prospective purchasers will be required to provide proof of funds or an agreement in principle.
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