Former United Reformed Church, St. Columba's Close, Coventry, CV1 4BX

A Former Church in Coventry City Centre which may be suitable for a variety of uses

Guide price*

£200,000+

Plus fees

Sold for £550,000

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Lot 16 Commercial Vacant
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Auction details:

Thursday 27th October 2022 @ 09:30AM

Live-streamed Auction

A Virtual Freehold Former Church Close To Coventry City Centre Occupying A Site Extending To Approximately 0.319 Acres. The Property Is Considered Suitable For Redevelopment For A Variety Of Alternative Uses Subject To Obtaining The Appropriate Planning Permission

Property Description

The property comprises a former Church building that consists of the main Church Hall, meeting room, kitchen and prayer room together with a number of additional ground and first floor rooms. The property offers a significant City Centre redevelopment opportunity and could be used for a variety of alternative uses including residential, offices, student accommodation, children's nursery etc subject to the appropriate planning permission.

Location

The property lies within a mixed use area, and benefits from a frontage to both St. Columba's Close and St Nicholas Street and is situated a short walk from the heart of Coventry City Centre. The area benefits from excellent local amenities and transport links, with Coventry train station being located approximately 1/2 a mile to the south.

Tenure

We understand the property is long leasehold (virtual freehold) for a term of 1000 years from 1664 (approximately 642 years unexpired). Vacant possession will be given upon completion.
We have not had sight of the documentation relating to tenure however a copy will be available for inspection within the legal pack.

Value Added Tax

We understand VAT is not applicable on this transaction.

Auctioneer's Note

Please note no offers will be considered prior to the Auction Sale.

Remote Bidding Auction

This property is being offered via a remote bidding auction with bidding by proxy, telephone or internet only. You will need to pre-register for remote bidding, provide your identification and debit card details no later than 24 hours prior to the auction, please visit our website for further details.

Viewings

See viewing schedule. Please note the appointments listed below are pre-booked so there is no need to book in prior to attending.
Wednesday 12th Oct 2022 10:00-10:15
Friday 14th Oct 2022 12:30-12:45
Wednesday 19th Oct 2022 10:00-10:15
Friday 21st Oct 2022 12:30-12:45
Monday 24th Oct 2022 10:00-10:15

Accommodation

Sq.m. Sq.Ft.
Ground Floor
Main Church Hall 2,631sqft 244.49 sqm
Kitchen 243 sqft 22.54 sqm
Meeting Room 1,130 sqft 105.03 sqm
Store Room 134 sqft 12.5 sqm
Office 144 sqft 13.43 sqm
Boiler Room 100 sqft 9.31 sqm
Male WC and Female WC
First Floor
Prayer Room 270 sqft 25.06 sqm
Dining Room 424 sqft 39.36 sqm
Kitchen 77 sqft 7.19 sqm
Store Room 1 245 sqft 22.78 sqm
Store Room 2 239 sqft 22.17 sqm
Total Net Internal Area 5,636 sqft 523.86 sqm
Centrick
DISCLAIMER

Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

LIVE-STREAMED AUCTION

Please note that the Auction will be livestreamed via our website.  You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction. Please click here for further details.

*DEFINITION OF GUIDE & RESERVE PRICE

All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

COSTS AT AUCTION

When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding.  They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £1,920 inc VAT (£1,600.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.  Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

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