Property photos
Freehold
Non quoting
Warehouse for sale
Binley Business Park, Harry Weston Road, Binley, Coventry CV3From 8,262 - 17,577 sq. ft
Local area information
Property location
Nearby amenities
- Baginton Fields School (SEN) 0.6 miles
- Stretton Church of England Academy 0.8 miles
- Coventry 2.8 miles
- Canley 3.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
Key Points
Excellent access links Eaves heights of approximately 6.5m External loading/unloading areas and car parking Available immediately Site area of approximately 1.050 acres Approximately 45% site coverage Investment opportunity
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'.
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'.
More information
Listed by
Holt Commercial
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