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Alvis Works, Common Lane Industrial Estate, Common Lane, Kenilworth, CV8 2EQ

Offers in Excess of
£875,000

£85.13 per sq ft

Business rates & charges may apply

Bromwich Hardy LLP, Coventry
SIZE AVAILABLE

10,278 sq ft

955 sq m

SECTOR

Industrial development for sale

Key features

  • 8 units
  • Popular industrial location
  • Long-standing tenants
  • Flexible leases (tenancy schedule on request)
  • Rent roll of £40,950 per annum
  • Large potential for rental growth
  • Major development potential

Description

Alvis Works comprises a scheme of small industrial units plus one office building. The units are fully let, bringing in an annual rent roll of £40,950 and many of the tenants have occupied the estate for a number of years. The office building is located at the front of the estate, parallel to the estate road, with the remaining units being behind. The site benefits from a large car park in the centre of the estate, which provides ample parking for the occupiers. The units are exempt from EPCs and the exemption certificates are available on request.

Kenilworth is a popular industrial location, suffering from a lack of available units, particularly at the smaller end of the market. Common Lane Industrial Estate is a long-established business location, home to numerous reputable occupiers, and has been the home of the Alvis Car Company for many years. The estate is surrounded by residential areas.

By appointment with Bromwich Hardy.

Available freehold under Title WK7276. Register and Title Plan available on request. The two parking spaces highlighted red on the main image are to be leased back to the vendor at a peppercorn rent.

Brochures

Alvis Works, Common Lane Industrial Estate, Common Lane, Kenilworth, CV8 2EQ

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kenilworth Station1.0 miles
  • Canley Station3.1 miles
  • Tile Hill Station3.2 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 332259-1. 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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