CROSS POINT BUSINESS PARK GIELGUD WAY, WALSGRAVE COVENTRY CV2 2SZ RETAIL/RESTAURANT UNIT TO LET PART OF 3,561 SQ FT (330.8 SQ M) ESTABLISHED LEISURE SCHEME ANCHORED BY A 14 SCREEN MULTIPLEX CINEMA CROSS POINT BUSINESS PARK DESCRIPTION ADJACENT TO SHOWCASE CINEMA The restaurant unit comprises a modern purpose-built ground floor restaurant unit with large DE LUX, OPPOSITE TESCO open terrace to the front and immediately adjacent SUPERSTORE, OTHER OPERATORS – to the cinema, and car park entrance. Constructed NANDO’S, COSTA COFFEE, around 2001, the unit benefits from an approximate 75 ft (23m) frontage of and a depth of approximately STARBUCKS, PIZZA HUT, TENPIN, 45 ft (14m). The scheme benefits from a total of 760 BREWERS FAYRE, KFC, PREMIER INN. shared surface car parking spaces. FORMER FRANKIE & BENNY’S RESTAURANT WITH A3 PLANNING CONSENT ESTABLISHED LEISURE SCHEME, DOMINANT IN ITS CATCHMENT SHARED 760 SPACE SURFACE CAR PARK CROSS POINT BUSINESS PARK SCHEME The leisure scheme totals approximately 88,000 sq ft and is anchored by the 14 screen multiplex Showcase Cinema de Lux, and accompanied by a Nando’s & Brewers Fayre pub/ restaurant and a Premier Inn. Also adjacent are a 15,000 sq ft Tenpin bowling alley, a 10,000 sq ft Sector 7 laser gaming operation and a Pizza Hut, Costa Coffee, Starbucks and KFC. Tesco also have a large format Extra store opposite. Also nearby and sitting on some 200 acres are the Crosspoint and Walsgrave business parks. CROSS POINT BUSINESS PARK M6 M69 LOCATION Jn2 CROSS POINT The city of Coventry is 12 miles west of Rugby, 21 miles south- BUSINESS PARK west of Leicester and 25 miles east of Birmingham. The scheme is WOODWAY 5 miles north of Coventry city centre, accessed off the A4600 and PARK A4600 adjacent to Junction 2 of the M6 motorway. Also adjacent is the MOUNT PLEASANT A46 trunk road which connects the M6 and M69 with the M45 and A46 WALSGROVE M40 to the south east and south of the city. ON SOWE A414 BULKINGTON 4 M6 M6 M69 3 LONGFORD 2 MERIDEN A45 HOLBROOKS M6 M42 ALLESLEY A452 CROSS POINT A4600 BUSINESS PARK A45 A4082 COOOVEOVVENTRVENTENNTRTRYT YA46 BALSALL A420 COMMON WHITLEY BRETFORD A429 A452 A45 A4141 KEY STATISTICS: A4177 A46 KENILWORTH 235,000 PEOPLE A423 WITHIN 5 MILE DRIVE A445 640,000 PEOPLE A4 177 WITHIN 10 MILE DRIVE ROYAL 6,000 WORKING A429 LEAMINGTON SPA WARWICK POPULATION AT M40 CROSSPOINT & WALSGRAVE A423 BUSINESS PARKS COVENTRY HAS A 325,949 URBAN POPULATION ACCOMMODATION TERMS The property comprises the following approximate floor area: The property is available by way of 1. Ground Floor GIA - 3,561 sq ft (330.8 sq m) 2. Plus outside seating area a new lease for a term of 10+ years (These measurements are given for information purposes only subject to an initial rent of £82,500 pa. and prospective tenants are advised to undertake their own measurements of the property prior to contract). SERVICE CHARGE PLANNING The service charge is £1.00 psf. The property benefits from A3 planning consent and, under emerging legislation, comes under the new E Use Class which combines the former A1, A2, A3 and D1 use classes). EPC There is potential for alternative uses, subject to planning The property has a rating of C (55). and landlord’s consent. A copy of the EPC can be made BUSINESS RATES available upon request. Rateable Value: £97,796 pa. The current UBR is 50.4p equating VAT to rates payable of £49,289 pa. However, all interested parties are advised to make specific enquiries with the local billing authority VAT is applicable at the prevailing rate. having regard for the effect of transitional phasing implications. In line with current Government directive, the property qualifies for rates relief for the financial year 2020/21. FOR FURTHER INFORMATION: Please contact Redleaf Ltd, Or contact Creative Retail, Paul Bishton Scott Robertson M 07739 078668 M 07831 856 733 E [email protected] E [email protected] Redleaf Limited on behalf of ourselves we give notice that: 1. The Particulars are a general outline of the property only for the guidance of intended Buyers or Lessees and do not constitute any part of an offer or a contract. 2. All descriptions dimensions references to condition and other details are given without responsibility and may not be relied on statements or representations of fact. Any reference to the use or occupation of the property or alterations does not imply that any necessary permissions have been obtained and any intended Buyer or Tenant must make his own enquiries. 3. Any Buyer or Tenant must satisfy himself by inspection or otherwise as to the correctness of any information provided by Redleaf Ltd. 4. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to the property. 102508. Designed by TCC..