£12,000 pa
(£16.30/sq. ft. pa)
Industrial to let12 Portway Close, Coventry CV4
736 sq. ft
About this property
Full height roller shutter loading door
Three phase electricity supply
Allocated parking and loading area
Established industrial location
Convenient access to the A45
Estimated Rates Payable: £5520000
Description
The property comprises a single storey, mid terraced, industrial/workshop unit of traditional brick construction beneath a pitched roof.
Internally, the accommodation provides predominantly open plan workshop/storage space with painted blockwork walls, a solid floor and good levels of natural light provided by translucent roof panels. The unit benefits from a full height roller shutter loading door together with separate pedestrian access, fluorescent strip lighting, three phase electricity and a small kitchenette area with fitted base units and sink.
Externally, the property benefits from a small forecourt area providing access for loading together with allocated parking immediately to the front of the unit.
Location
The property is situated on Portway Close within the established Tile Hill area of Coventry, approximately 4 miles west of Coventry City Centre. Portway Close comprises an established commercial location occupied predominantly by industrial, warehouse and workshop users.
The location benefits from good access to the regional road network, with the A45 readily accessible providing connections towards Coventry City Centre, Birmingham and the wider Midlands motorway network. Tile Hill Railway Station is circa 1 km from the property, providing regular rail services to Coventry and Birmingham.
VAT
We understand the property is not elected for VAT.
Service Charge
There is an annual Service Charge applicable (currently £266 pa). There is also a separate contribution towards the Sinking Fund and Insurance.
Legal Costs
The incoming tenant is likely to be required to contribute towards the Council’s 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.
Management Charge
There is a Management Charge of 5% of rent.
The property comprises a single storey, mid terraced, industrial/workshop unit of traditional brick construction beneath a pitched roof.
Internally, the accommodation provides predominantly open plan workshop/storage space with painted blockwork walls, a solid floor and good levels of natural light provided by translucent roof panels. The unit benefits from a full height roller shutter loading door together with separate pedestrian access, fluorescent strip lighting, three phase electricity and a small kitchenette area with fitted base units and sink.
Externally, the property benefits from a small forecourt area providing access for loading together with allocated parking immediately to the front of the unit.
Location
The property is situated on Portway Close within the established Tile Hill area of Coventry, approximately 4 miles west of Coventry City Centre. Portway Close comprises an established commercial location occupied predominantly by industrial, warehouse and workshop users.
The location benefits from good access to the regional road network, with the A45 readily accessible providing connections towards Coventry City Centre, Birmingham and the wider Midlands motorway network. Tile Hill Railway Station is circa 1 km from the property, providing regular rail services to Coventry and Birmingham.
VAT
We understand the property is not elected for VAT.
Service Charge
There is an annual Service Charge applicable (currently £266 pa). There is also a separate contribution towards the Sinking Fund and Insurance.
Legal Costs
The incoming tenant is likely to be required to contribute towards the Council’s 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.
Management Charge
There is a Management Charge of 5% of rent.
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