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Commercial Property for sale

Cable Yard Investment, Electric Wharf, Sandy Lane, Coventry, West Midlands, CV1

3,411 sq. ft.

Property Description

Commercial information

  • 3,411 sq ft (316 sq m)

Key features

  • Recently built office accommodation of high eco value building, in award winning regeneration project.Highly secure development with generous parking and interesting features.
  • Unit 1 - 3 year lease to Rafiq Chati from 01/10/2015 - 7,500 pa
  • Unit 2 - 5 year lease to Secure Meters (UK) Ltd from 01/09/2013 - 7,000 pa
  • Unit 3 and 4 - 5 year lease to 10 Digital from 15/09/2017 - 14,781 pa
  • Unit 5 and 6 - 2 year lease to Totem Learning from 31/03/2016 - 14,000 pa
  • 8.2% Net initial yield after normal purchasers costs.

Full description

The units occupy three floors of office accommodation of this stand alone building to the rear of the development, accessed via the one-way entry and exit system, which is controlled via a keypad entry system. The building was newly constructed in 2006 as a high eco value building, with both fire and security alarms, along with a shared entrance at ground floor. The units are fully double glazed, with electric fired central heating, Category 5 cabling throughout, a kitchen unit with fridge and dishwasher in each unit and a shared WC per floor. Each unit also benefits from 2 specific car parking spaces and the permits associated, although there are plenty of excess visitor parking spaces available around the development.

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