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55, Stoke Row, Rear of 55 - 79 Stoke Row, Barras Heath CV2 4JP

£1,800,000

£45.13 per sq ft

Business rates & charges may apply

PHILLIPS SUTTON ASSOCIATES LIMITED, Leicester
SIZE AVAILABLE

39,888 sq ft

3,706 sq m

SECTOR

Warehouse for sale

Key features

  • Multi-let Investment/Development
  • Potential for re-development (STP)
  • Current Rental Income: £130,996 p.a.
  • Total GIA: 39,888 Sq Ft (3,705.72 Sq M)
  • Site Area: 1 Acre (0.40 Hectares)
  • Freehold Price: £1,800,000
  • Low Rate Per Sq Ft

Description

Coventry itself is strategically located at the heart of the ‘Golden Triangle’ in the Midlands and has the benefit of excellent transport links throughout the UK via the M1/M6. Additionally, with its position in the centre of the UK’s motorway network, there is easy access to the M1 and M6 together with the A5 and M40.

The property is located on the west side of Stoke Row in Barras Heath in Coventry, some 0.62 miles in distance to the north east of the city centre. The site itself is bounded to the west by the rear gardens of the existing residential property located on Clay Lane whilst the eastern boundary is also bounded by rear gardens on Stoke Row. The northern and southern boundaries comprise of adjoining industrial units. The property has the benefit of excellent transport links with Danes Road and Clay Lane, which both link to the main A4600 Walsgrave Road, a major arterial route into the city centre which further connects to J2 of the M6/M69 motorway.

The property comprises an L-shaped industrial site extending to circa 1 acre with almost 100% site cover containing a number of buildings, split into individual units of varying dimensions and sizes which have been constructed in a piecemeal format, and interlinked over a period of time. As a result, the eaves heights also vary from building to building.

The main buildings on the complex were built circa 1950s in solid brick construction beneath a pitched roof covered in corrugates roof sheets and supported by light steel trusses. Part of the building has been re-roofed with a pitched, profile steel panelled roof, beneath a steel portal frame construction. Some of the elevations have been clad with profile steel panels. More recently, further buildings have been constructed of steel portal frame construction which incorporate profile steel sheet panels to the elevations and roof.

Brochures

55, Stoke Row, Rear of 55 - 79 Stoke Row, Barras Heath CV2 4JP

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Coventry Station1.7 miles
  • Coventry Arena Station2.3 miles
  • Canley Station3.0 miles

About PHILLIPS SUTTON ASSOCIATES LIMITED, Leicester

14 Francis Street, Leicester, LE2 2BD

PHILLIPS SUTTON ASSOCIATES LIMITED, Leicester

As a niche firm, innovation and independence are our watchwords.. They lie at the heart of everything we do, adding value to every deal.

We focus on what we excel at, offering a fully integrated service across all aspects of commercial property throughout the Midlands.

From private individuals, businesses and property companies, to financial institutions, developers and pension funds, discover how our fresh approach to the market can make the difference for you.

More properties from PHILLIPS SUTTON ASSOCIATES LIMITED, Leicester

Notes

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Disclaimer - Property reference 116493. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by PHILLIPS SUTTON ASSOCIATES LIMITED, Leicester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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