£25,000 pa
(£10.56/sq. ft. pa)
Industrial to letUnit 2, Parbrook Close, Coventry CV4
2,368 sq. ft
About this property
Available for immediate occupation
Located within close proximity to the A45
Secure and well-managed Industrial Estate
Good parking plus loading
Description
The property comprises a mid terraced industrial/workshop unit of traditional brick construction beneath a pitched roof incorporating translucent roof panels, providing natural light into the accommodation.
Internally, the property offers predominantly open plan workshop/storage accommodation with a concrete floor, blockwork walls, exposed steel roof trusses and suspended fluorescent strip lighting.
The property benefits from a substantial steel framed mezzanine floor providing additional storage accommodation, accessed via a fixed metal staircase. Beneath the mezzanine is further workshop/storage space, together with an enclosed ancillary room which could be utilised for office or storage purposes.
Access to the property is provided via a full height roller shutter loading door, together with a separate pedestrian entrance. Externally, the property benefits from a surfaced forecourt providing space for loading, unloading and vehicle parking.
Location
The property is located approximately 4 miles to the west of Coventry City Centre in the suburb of Tile Hill. The immediate area is almost entirely industrial. Occupiers include Kautex Unipart, Lite Haus UK Ltd and Coventry Self Storage. The location offers good links to the region via the A45. Tile Hill Station is approximately 0.5 miles to the southwest.
VAT
We understand that the property is not elected for VAT.
Service Charge
There is an annual Service Charge applicable (currently £1,169 pa). There is also a separate contribution towards the Sinking Fund (currently £550.80 pa) and Insurance (currently £356 pa).
Management Charge
There is a Management Charge of 5% of rent.
Legal Costs
The incoming tenant is likely to be required to contribute towards the landlords' legal costs. This contribution is anticipated to be in the region of £1,900 plus VAT but may be higher depending on the complexity of the transaction. The amount will be confirmed when terms are agreed.
The property comprises a mid terraced industrial/workshop unit of traditional brick construction beneath a pitched roof incorporating translucent roof panels, providing natural light into the accommodation.
Internally, the property offers predominantly open plan workshop/storage accommodation with a concrete floor, blockwork walls, exposed steel roof trusses and suspended fluorescent strip lighting.
The property benefits from a substantial steel framed mezzanine floor providing additional storage accommodation, accessed via a fixed metal staircase. Beneath the mezzanine is further workshop/storage space, together with an enclosed ancillary room which could be utilised for office or storage purposes.
Access to the property is provided via a full height roller shutter loading door, together with a separate pedestrian entrance. Externally, the property benefits from a surfaced forecourt providing space for loading, unloading and vehicle parking.
Location
The property is located approximately 4 miles to the west of Coventry City Centre in the suburb of Tile Hill. The immediate area is almost entirely industrial. Occupiers include Kautex Unipart, Lite Haus UK Ltd and Coventry Self Storage. The location offers good links to the region via the A45. Tile Hill Station is approximately 0.5 miles to the southwest.
VAT
We understand that the property is not elected for VAT.
Service Charge
There is an annual Service Charge applicable (currently £1,169 pa). There is also a separate contribution towards the Sinking Fund (currently £550.80 pa) and Insurance (currently £356 pa).
Management Charge
There is a Management Charge of 5% of rent.
Legal Costs
The incoming tenant is likely to be required to contribute towards the landlords' legal costs. This contribution is anticipated to be in the region of £1,900 plus VAT but may be higher depending on the complexity of the transaction. The amount will be confirmed when terms are agreed.
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