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127-129 Radford Road

Coventry, CV6 3BQ

For Sale: £650,000 for the Freehold

1,063 Sq Ft (98.75 Sq M)

Retail Investment For Sale

Situated on busy main road

Current rental income: £46,700 per annum

Ground floor leased to Betfred until 2027

Surrounded by reputable local occupiers

Close Proximity to Coventry City Centre

Investment Purchase

The property consists of a double fronted retail unit and 3 residential flats. The retail space is currently let to Betfred until January 2027, at a rent of £27,500 per annum and the flats are also fully let. The total annual rental income is currently £46,700.

The Radford area has seen an attractive 6% growth in residential values within the last 12 months, with the rest of Coventry also seeing overall growth (Source: Nimbus Maps).

The property is located on Radford Road, the main high street running through the Radford area of Coventry, to the north of the city centre. The property is well connected to central Coventry and its surrounds, being just a 2 minute drive from the ring road and 5 minutes from the A444 which provides excellent access to the M6 motorway. The city centre is also approximately 15 minutes on foot.

Coventry itself offers easy access by train or by road to Birmingham and London, as well as local towns such as Warwick, Leamington Spa, Rugby and Nuneaton.

Tom Bromwich

Contact us with any queries about the property or to book a viewing

02476308 901 tom.bromwich@bromwichhardy.com

Mark Booth

Contact us with any queries about the property or to book a viewing

02476 308 900 mark.booth@bromwichhardy.com
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