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  • For sale
Long-Let Leisure and Student Accommodation Investment Opportunity - #1
Description
The property comprises an attractive Grade II listed, 3-storey former courthouse and jail built in 1783. The building is situated in Coventry’s Cathedral quarter, directly opposite the Cathedral Ruins, and was converted into a public house in 2012. Slug & Lettuce occupies the basement, part ground floor and small mezzanine, as well as large outdoor terrace fronting Coventry Cathedral. The bar/ restaurant has retained all of the building’s traditional characteristics and has been fitted out to a high specification by the tenant.
Slug & Lettuce’s opening hours are as follows:
Sunday – Wednesday 10am- 11pm
Thursday 10am – 12am
Friday – Saturday 10am – 3am
The first and second floors have been converted into 17 self-contained serviced apartments/student accommodation units. The studio apartments have been fitted out to a good standard throughout, all with en-suite bathrooms and some with small kitchenettes. The accommodation is accessed via Bayley Lane with a dedicated lobby and attractive staircase.
Location
Coventry is a major city and commercial centre within the West Midlands, located 19 miles (32 km) south east of Birmingham, 24 miles (39 km) south west of Leicester, 33 miles (53 km) north of Banbury and 52 miles (83 km) south west of Nottingham.
For further information on Investment Considerations, Tenancy, Covenant & Proposal please see brochure below.