Warehouse for sale in Binley Business Park, Harry Weston Road, Binley, Coventry CV3
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Key Points
Description
The units are constructed of a steel portal frame with blockwork elevations, above which are profiled panels to the eaves with profiled panelled roof and corrugated perspex roof lights.
To the rear of the former J E Engineering unit are four individual testing bays over which there is a mezzanine floor. Both units have clear working heights of 6.5 metres except under the mezzanine floor.
There is a single storey office block to the front of the J E Engineering unit which has the benefit of aluminium framed windows and doors to the front.
The itg Ltd unit has two storey offices within.
Location
The properties are located in Coventry, an important commercial centre renowned for manufacturing with a population of approximately 330,000 people. The city is approximately 18 miles to the south-east of Birmingham, 8 miles to the north of Warwick and Leamington Spa and about 24 miles to the south-west of Leicester. London is some 95 miles to the south-east and Birmingham International Airport and the National Exhibition Centre are both located approximately 12 miles to the west of Coventry.
The site is situated to the western side of Siskin Drive near to its junction with Rowley Road and the Toll Bar End major highways intersection of the A45 and A46 dual carriageways approximately 3 miles to the south-east of Coventry city centre.
The site and units are therefore well located with excellent road links.
Business Rates
J E Engineering - Warehouse and premises: £46,000
itg Ltd - Warehouse and premises: £59,000
Services
Service Charge A service charge may be payable. Please contact the agent for further details.
Tenure
The J E Engineering unit is available on a new Full Repairing and Insuring Lease for a term to be agreed.
Investment Details
The itg Ltd unit is proposing a lease of 10 years with a 5 year break and rent review. Current annual rental of £69,960 per annum exclusive. The former J E Engineering unit is available with vacant possession at an asking rent of £72,500 per annum exclusive. Induction Technology Group Limited, Creditsafe: Risk Score & International Score 'Low risk'.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Holt Commercial, CV1 on +44 24 7511 9997 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Holt Commercial, and do not constitute property particulars. Please contact Holt Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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