• Being Sold By GOTO Reservation Fee Process +
• Buyer Fees Apply +
• Four Bedroom Terraced Property +
• Massive Commercial Potential +
• Previously Traded As A Succesful Convenience Store +
• Three Receptions & Two Kitchen +
• Two Bathrooms Over Two Floors +
• Gated Rear Driveway And Access +
• Gas Central Heating & Double Glazing +
• Over 1500 Sq Ft Of Accommodation +

The Property
*Cash Buyers Only*
Once locally known and established as "Columbos", a successful local convenience store, this spacious, mid terraced accommodation offers over 1500 sq feet of living space over two storeys. With four double bedrooms to the first floor and cleverly "separated" living spaces downstairs, the property could be easily reinstated to, subject to planning consents, substantial retail usage.

Alternatively, with three large reception areas, two kitchens and two bathrooms the property, with plentiful parking to the rear, could become a substantial HMO with a very attractive yield, also as this property was previously a shop, the licence could be changed to commercial making this an ideal home/business.

Currently in use as a residential dwelling the property is certainly far larger than the current owners require hence the wish to move.

From the front hallway, separated living accommodation can be accessed to the frontage as well as the rear, with either side benefitting from both a kitchen and living room. The right hand wing also presents a ground floor shower room and additional dining area as well.

Upstairs, all of the bedrooms are double and are complimented by a family bathroom.

The rear of the property, accessible most conveniently off Proffit Avenue, provides gated access for a number of vehicles as well as presenting additional patio or potential storage space.

Adaptable, spacious and very deceptive, this property offers a wealth of residential and commercial potential alike.

Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

Location
Situated upon the crossroads intersecting Proffitt Avenue and Sewall Highway, this location is" highly visible" and an ideal convenience or private supermarket location. With parking for private vehicles and trades to the direct rear the property although now residential, could again become an ideal retail unit with living accommodation above.

The A444 sits approximately 200 metres away and direct access into Coventry via the Stoney Stanton Road is certainly straightforward.

The Ricoh Arena and its many retail amenities can be found less than two miles from the property and even closer to home the Gallagher Retail Park can be found less than a ten minute walk away.

Centre AT7, almost opposite the property is where a swimming pool, gymnasium and football pitches can be found.

An ideal location for trade and local families alike.

Specification
This property is offered for sale using the Reservation fee process. Reservation fee is a new, innovative and pioneering process for buying and selling property. It significantly reduces the risk of gazumping or double-selling by offering security to both parties by gaining a commitment from both parties to buy and sell. When an offer is accepted, the buyer will be required to make payment of a non-refundable Reservation Fee of £4860 including VAT (in addition to the final negotiated selling price). This will secure the transaction and the property will be taken off the market. The purchaser will not be exchanging contracts but will be given 90 working days in which to complete the transaction, from the date the Draft Contract is received by the buyer’s solicitor (or 10 working days after receipt of the Reservation Fee, whichever is earlier).

The buyer will also be required to pay a legal pack fee of £372 including VAT and to sign the Reservation Form and agree the Terms and Conditions prior to solicitors being instructed. If you require a copy of these documents, or for further information, please contact the Reservation Fee team at GOTO Group.

Buyer Fees

The Reservation fee and legal pack fee are in addition to the final negotiated selling price.

Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.