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The Gosford Arms

Just added

Shop to rent

£17.96 psf 2,227 sq ft

Loveitts Ltd
Contact name

John Pugh - Loveitts Ltd

Full address
65-66 Far Gosford St, Coventry CV1 5DZ – Coventry
Highlights
  • Licence From 07:30 To 03:00/03:30
  • Free Of Tie Bar/Pub Opportunity
  • High Income From 12 Letting Rooms
  • Cellar Access
  • Well located for the expanding Coventry University
Property type

Shop to rent

Rent
£17.96 psf
Available space range
There is 1 space available. This measures 2,227 sq ft.

Rental details

Ground - Retail Available

2,227 sq ft, £40,000 per annum, available 30 days

Floor Ground
Address 65-66 Far Gosford St, Coventry, West Midlands, CV1 5DZ, GB
Size 2,227 sq ft
Available 30 days
Price £40,000 per annum
Floor Ground
Address 65-66 Far Gosford St, Coventry, West Midlands, CV1 5DZ, GB
Size 2,227 sq ft
Available 30 days
Price £40,000 per annum
Service type Fully repairing and insuring
Use class A3 (Restaurants and Cafes)
Term Up to 12 years
Space type Relet
Space use Retail
Buildout Restaurants and Cafés
Buildout status Full buildout
Date on market May 2019
Business Rate £7,104
Amenities Yard

Rental notes

  • Available to let on a new tenant's fri lease for a term by agreement, but a twelve year lease is suggested, subject to three yearly rent reviews.
  • The commencing rental will be £65,000 pax.
  • The tenant may however benefit from the income from the 12 letting rooms which fully let currently produce a gross annual income of about £49,600 (this figure is however net of current letting agent's fees).
  • The landlord is seeking a premium of £85,000 for the goodwill and trade fixtures and fittings - stock at valuation.
PDF #1 Marketing brochure/flyer Download

Property description

Far Gosford Street (FGS) is one of the City's most historic locations. Previously known as the Pitt's Head Public House and more recently The Gosford Arms - Locally Listed and situated within FGS Conservation Area. Well located for the expanding Coventry University including new purpose built student accommodation. Thriving retail area, late night entertainment venues, bars/pubs, restaurants, takeaways, etc. Limited stay on-street parking to the immediate frontage with FGS Long Stay Public Car Park also to hand. The property briefly comprises of: main bar; utility/washing-up area; toilet facilities; cellar access. There is a beer garden at the rear with space to park a car. The Gosford Arms is understood to have a seven day Premises Licence for the hours of 07:30 to 03:00/03:30. The availability of these premises offer an exciting opportunity to obtain a bar/pub as a going concern. There is also considerable scope to add to the turnover of the business by introducing hot food sales, subject to making any appropriate alterations and obtaining any necessary consents.

Building subtype
Storefront retail residential
Number of storeys
2
Rentable building area
2,227 sq ft
Year built
1900

This shop to rent is located in Coventry.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Loveitts Ltd. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Loveitts Ltd for full details and further information.