Property photos
Retirement
Freehold
£1,000,000
(£674.76/sq. ft)
Industrial for sale
11A, Lythalls Lane, Coventry CV61,482 sq. ft
Local area information
Property location
Nearby amenities
- Holbrook Primary School 0.2 miles
- Lote Tree Primary School 0.3 miles
- Coventry Arena 0.8 miles
- Coventry 2.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- 0.82 of an acre Freehold Site
- Currently Let at £60,000 per annum
- Lease Outside The Act, Expiring 2027
- Redevelopment Potential For Various Uses
- Mixed Residential/Commercial District
The subject property is located in an area of mixed residential and commercial development in the Foleshill district of Coventry being sited on the city's northern outskirts approximately 21⁄4 miles from the commercial centre.
Access to the site is directly off Lythalls Lane which links Holbrook Lane with the B4113 Foleshill Road just north of its intersection with the A444 North South Road (at the Blue Ribbon Island).
The A444 in turn then provides a direct dual carriageway link with the M6 Motorway at Junction 3 which is approximately 3.3⁄4 miles distant.
The property comprises an existing breakers' yard which is largely laid down in concrete being slightly graded and of slightly irregular shape extending to some 0.331 ha (0.82 of an acre or thereabouts) with a mix of fencing to the boundaries and double gates for access.
The site also houses an open fronted shelter, a small workshop building and a toilet block.
The property is currently tenanted, the existing lease expiring in February 2027 with a rent of £60,000 currently being paid. The lease is outside the Act providing the opportunity to secure vacant possession on expiry.
In these circumstances the site is thought to represent a potential redevelopment opportunity for employment use or for a variety of possible commercial uses, for a residential scheme possibly, or say for care/assisted living etc., subject to Local Authority consent.
Accommodation:
Workshop: 1,482.00 sqft
Access to the site is directly off Lythalls Lane which links Holbrook Lane with the B4113 Foleshill Road just north of its intersection with the A444 North South Road (at the Blue Ribbon Island).
The A444 in turn then provides a direct dual carriageway link with the M6 Motorway at Junction 3 which is approximately 3.3⁄4 miles distant.
The property comprises an existing breakers' yard which is largely laid down in concrete being slightly graded and of slightly irregular shape extending to some 0.331 ha (0.82 of an acre or thereabouts) with a mix of fencing to the boundaries and double gates for access.
The site also houses an open fronted shelter, a small workshop building and a toilet block.
The property is currently tenanted, the existing lease expiring in February 2027 with a rent of £60,000 currently being paid. The lease is outside the Act providing the opportunity to secure vacant possession on expiry.
In these circumstances the site is thought to represent a potential redevelopment opportunity for employment use or for a variety of possible commercial uses, for a residential scheme possibly, or say for care/assisted living etc., subject to Local Authority consent.
Accommodation:
Workshop: 1,482.00 sqft
More information
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