Commercial Property for sale

Oak House, Harry Weston Road, Binley Business Park, Coventry, West Midlands, CV3

£1,600,000
9,409 sq. ft.

Property Description

Commercial information

  • 9,409 sq ft (874 sq m)

Key features

  • Well appointed modern office building on highly popular Business Park
  • Let to Misoft Marketing Limited until 2nd July 2020 at 100,000 per annum.
  • Low rent at 10.63 per sq ft - ERV 16.50 per sq ft, i.e. circa 155,000 per annum.

Full description

Tenure: Leasehold

Oak House is a well-appointed two storey purpose-built office building of steel portal frame construction with brick elevations and pitched tiled roof. The internal fit-out is of a high standard, including atrium reception area, well maintained lift, raised flooring, suspended ceilings, double glazed windows and combined heating/air conditioning
installations. There are security and fire alarms and single or
three phase electricity.
Externally there are a minimum of 48 designated car parking spaces with the opportunity to create further spaces up to a maximum of 54, i.e. an excellent ratio of one space per 174 sq ft, an unusually high level on a modern Business Park.

Oak House is part of the Eastwood Business Village complex, which is a section of Binley Business Park, Coventry's most popular business park office location. Harry Weston Road is accessed off the A428 Brandon Road, close to its junction with the A46 Coventry Eastern Bypass, which links directly with the M6, M69 and M40 motorways, and also the A45 nearby at Coventry Airport, connecting with the M45 (and M1) and M42 motorways. Coventry City Centre is within four miles. The local vicinity is well serviced including supermarkets, retail, restaurants and fast food facilities. Other occupiers at Binley Business Park include Coventry Building Society, Jewson, HSBC, Orbit Housing, NFU Mutual, Saint-Gobain and Keoghs Solicitors. Jaguar Land Rover's global headquarters are nearby.

Oak House is a well-appointed two storey purpose-built office building of steel portal frame construction with brick elevations and pitched tiled roof. The internal fit-out is of a high standard, including atrium reception area, well maintained lift, raised flooring, suspended ceilings, double glazed windows and combined heating/air conditioning
installations. There are security and fire alarms and single or three phase electricity.

Externally there are a minimum of 48 designated car parking spaces with the opportunity to create further spaces up to a maximum of 54, i.e. an excellent ratio of one space per 174 sq ft, an unusually high level on a modern Business Park.

C68

Strictly by appointment with the agent Bromwich Hardy.

Each party is to bear their own legal and surveyors costs incurred in this transaction.

Well appointed modern office building on highly popular Business Park

Let to Misoft Marketing Limited until 2nd July 2020 at £100,000 per annum.

Low rent at £10.63 per sq ft - ERV £16.50 per sq ft, i.e. circa £155,000 per annum.

The premises are available for sale on the basis of a 999 year lease from 2000, subject to a peppercorn ground rent.
The premises are let to Misoft Marketing Limited, Company No. 08535130, by way of a lease commencing 3rd July 2013 for a term of seven years. The current passing rent is £100,000 per annum. The tenant has a full repairing liability, subject to a Schedule of Condition, which is considered by the selling agent to reflect the property in good condition.


More information from this agent

Nearest stations

  • Coventry (3.0 mi)
  • Coventry Arena (3.8 mi)
  • Canley (4.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bromwich Hardy, Coventry

1 The Cobalt Centre Siskin Parkway East, Middlemarch Business Park, Coventry, CV3 4PE

02475 060163 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Coventry (3.0 mi)
  • Coventry Arena (3.8 mi)
  • Canley (4.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bromwich Hardy, Coventry

1 The Cobalt Centre Siskin Parkway East, Middlemarch Business Park, Coventry, CV3 4PE

02475 060163 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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