A trio of retail and residential properties in Coventry has been brought to the market with a combined price tag in excess of £1 million.
Each is occupied by a restaurant or takeaway business and the properties are all fully let, providing an immediate income for the new owners.
As a result, the three are set to attract considerable interest from the commercial property investment sector, according to agents Bond Wolfe.
Properties in and around Coventry are proving highly attractive to investors as the city prepares for the benefits of its status as 2021’s City of Culture.
Two of the properties occupy prominent positions in a retail parade on Holbrook Lane, which feeds off the main A444 via Holbrook Way.
The third is two miles away in the district of Edgwick, in a retail parade on the busy B4109 Stoney Stanton Road, which links Coventry city centre and the main A444.
Agents Bond Wolfe are responsible for bringing the properties to market. Bond Wolfe Chief Executive James Mattin said: “Each of these properties offers excellent value for an investor, with well-established successful food businesses generating respectable rental income.
“With Coventry set to gain higher national profile with its City of Culture status next year and ambitious regeneration projects already under way there is considerable interest from property investors in this area. We expect this trio of properties to generate substantial interest in their own right.”