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- LoopNet Team
71-77 Wheelwright Ln
Coventry CV6 4HN
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Freehold healthcare property occupied by NHS GP practice, dentist, and pharmacy
- Secure long term income with outstanding rent reviews and asset management potential
- Located within popular residential suburb of Holbrooks approx. 2 miles north of Coventry City Centre
- Fully let on coterminous leases expiring September 2041 at total passing rent of £208,230 p.a.x.
- Approx. 8,512 sq. ft. on a site area of 0.77 acre
- Offers invited in the order of £2.6m reflecting a net initial yield of 7.53% (assumes purchaser’s costs of 6.4%)
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Property Size
8,512 sq ft
Costar Property Class
B
Year Built
2004
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
4,256 sq ft
Plot ratio
0.25
Total Plot Size
0.77 ac
1 of 1
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