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Willenhall Lane, Binley, Coventry, CV3 2AS

Offers in Excess of
£3,500,000

£66.76 per sq ft

Business rates & charges may apply

Bromwich Hardy LLP, Coventry
SIZE AVAILABLE

52,425 sq ft

4,870 sq m

SECTOR

Light industrial facility for sale

Key features

  • Sale and Leaseback to Antalis Limited
  • Rent - £325,000 per annum
  • 5 year term with a Tenant Only Break Option after Year 2
  • Reflects a net initial yield of 8.72% (assuming purchasers costs of 6.5%)
  • Low capital value of £67 per sq ft

Description

The property comprises a modern warehouse at the western end of the site which is adjoined by an older section to the east. In addition a small Lean-to is attached to the rear of the older section and there are two outbuildings on the site, providing basic, covered storage with a roller shutter. The whole site spans approximately 2.45 acres.

Brochures

Willenhall Lane, Binley, Coventry, CV3 2AS

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Coventry Station3.1 miles
  • Coventry Arena Station4.1 miles
  • Canley Station4.5 miles

About Bromwich Hardy LLP, Coventry

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

Bromwich Hardy is a dynamic property consultancy and agency based in the heart of the Midlands, Coventry.

Founders of the company, Richard Hardy and Tom Bromwich, have over 50 years of experience between them, dealing with all aspects of the commercial property market.

They are both very well known in the industry and have complementary skills and expertise. Tom Bromwich has an unparalleled and intimate knowledge of the Midland's regional market and Richard Hardy has a deep understanding of how best to meet the needs of nation-wide organisations with interests right across the UK.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3900FH. 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 Bromwich Hardy LLP, Coventry. 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.

Map data ©OpenStreetMap contributors.

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