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405 Broad Ln 26,854 sq ft 100% Let Industrial Property Coventry CV5 7AX £1,950,000 (£72.61/sq ft)
Investment Highlights
- Within close proximity to the national motorway network.
- Long Term Tenants.
- Fully occupied.
- Ample shared parking.
- Tenancy schedule available upon request.
Executive Summary
Broad Lane comprises a multi-let business park, home to a variety of uses. The estate contains workshops, office suites and a gym. Both the gym on the ground floor and the first floor offices have recently been refurbished to a good standard. The estate is home to numerous long-term tenants and currently achieves a gross rental income of £144,324 per annum. The total lettable floor area is 26,854 sq ft (2,432 sq m) is fully occupied.
Property Facts Sale Pending
| Price | £1,950,000 | Costar Property Class | C |
| Price per sq ft | £72.61 | Total Plot Size | 1.16 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 26,854 sq ft |
| Tenure | Freehold | No. Floors | 2 |
| Property Type | Industrial | Year Built | 1990 |
| Property Subtype | Warehouse |
| Price | £1,950,000 |
| Price per sq ft | £72.61 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Total Plot Size | 1.16 ac |
| Net Internal Area (NIA) | 26,854 sq ft |
| No. Floors | 2 |
| Year Built | 1990 |
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405 Broad Ln
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