20 Farringdon Street, London EC4A 4AB

newsteer.co.uk

- 3,058 SQ FT (284.10 SQ M) NIA

- Opposite Tesco Extra

- High Footfall

- A3 Consent

-

-

TO LET – PRIME RETAIL UNIT

Mall Unit 4 – Coventry Arena Shopping Park, CV6 6AS

LAND FOR SA

Tesco Extra, Gallows

Corner, Romford, RM3 0LL

▪ Development land

for sale

▪ Site extends to 0.98

acres / 0.39

hectares

▪ Residential potential

(STPP)

▪ Vacant possession

20 Farringdon Street, London, EC4A 4AB

Newsteer.co.uk

newsteer.co.uk

20 Farringdon Street, London EC4A 4AB

newsteer.co.uk

LOCATION

Arena Shopping Park is located in Coventry approximately 3

miles to the north of the city centre opposite the Ricoh Arena.

The subject retail unit is situated directly opposite a top

performing Tesco Extra which attracts approximately 109,000

weekly and 5.7 million annual visitors.

By car, the shopping park is accessed off the A444 and only 1.3

miles from Junction 3 of the M6 which provides efficient

linkages to Coventry, Birmingham, Bedworth and Nuneaton.

By train the shopping park is highly accessible, with its own

railway station situated between the park and the Ricoh

Arena, directly opposite. The station provides access to both

Coventry and Nuneaton.

There are also a number of bus routes which serve local areas

such as Coventry, Bedworth, Nuneaton, Atherstone, Leicester

and other parts of the city.

DESCRIPTION

Arena Shopping Park comprises a 137,500 Sq Ft Tesco Extra

together with approximately 155,000 Sq Ft of retail space. The

park is split in to two distinct offerings; the retail park adjacent

to the Tesco store which accommodates approximately

132,500 Sq Ft, and includes retailers such as M&S, Next, Boots

and New Look; and the mall units directly opposite the Tesco

store which accommodate 22,500 Sq Ft and comprise a

number of national operators such as Nandos, Shoezone,

Game, Greggs and Card Factory.

ACCOMMODATION

The subject retail unit comprises the following approximate

floor area:

Ground Floor 3,058 Sq Ft / (284.10 Sq M)

LEASE

The premises are available by way of a new effective FRI lease,

quoting rent is available upon application.

PLANNING

A3

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred

in the transaction.

BUSINESS RATES

This property has not yet been individually assessed and will

need to be reassessed by the Valuation Office Agency.

SERVICE CHARGE

The service charge within the mall is currently running at £5.65

per Sq Ft.

ENERGY PERFORMANCE CERTIFICATE

Energy Performance Asset Rating of the premises currently

falls within category C (54).

VIEWINGS

For further information or to arrange a viewing, please contact:

DOM MOORE DAVID SLATTER

+44 (0) 7769 650 190 +44 (0) 7778 149 218

Dom.Moore@Newsteer.co.uk David.Slatter@Newsteer.co.uk

OFFICE ADDRESS:

20 Farringdon Street, London. EC4A 4AB

Important Notice

1. This information is intended as a general outline only for the guidance of intending interests and does not constitute an

offer or contract, or part of an offer or contract.

2. All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details

are given in good faith and are believed to be correct. Intending interests should not, however, rely on them as

statements or representations of fact but satisfy themselves by inspection or otherwise as to their correctness.

3. No person in the employment of Newsteer has any authority to make or give any representation or warranty whatsoever

in relation to any of these properties.

4. Unless otherwise stated, prices or rents quoted are exclusive of VAT.

July 2020