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Colliery Lane Bayton Road Industrial Estate 111,906 sq ft Industrial Property Exhall CV7 9NW £11,607,000 (£103.72/sq ft) 7% Net Initial Yield
Investment Highlights
- Coventry is a prime West Midlands distribution location, situated within the ‘Golden Triangle’.
- The city benefits from excellent motorway access with connectivity to the UK via the M6 (JCT 3), M69 (JCT 2), M40 (JCT 15), and the M1 (JCT 19).
- Coventry is located 21 miles east of Birmingham, 25 miles south west of Leicester and 37 miles north west of Northampton.
Executive Summary
Colliery Lane
£11,607,000 reflecting 7% net initial yield
This site houses the staircase manufacturing division of the group and comprises of a detached steel portal framed warehouse unit built in the 1990s with a two-storey ancillary office block. In 2019 the original building was refurbished and extended with a new detached building was constructed to the rear.
The main unit has 12 roller shutter doors and eaves height of 7.52m with the rear building having 6.68m eaves and 13 roller shutter doors. There is a biomass heating system that runs into both buildings.
£11,607,000 reflecting 7% net initial yield
This site houses the staircase manufacturing division of the group and comprises of a detached steel portal framed warehouse unit built in the 1990s with a two-storey ancillary office block. In 2019 the original building was refurbished and extended with a new detached building was constructed to the rear.
The main unit has 12 roller shutter doors and eaves height of 7.52m with the rear building having 6.68m eaves and 13 roller shutter doors. There is a biomass heating system that runs into both buildings.
Property Facts
| Price | £11,607,000 | Total Plot Size | 5.30 ac |
| Price per sq ft | £103.72 | Net Internal Area (NIA) | 111,906 sq ft |
| Sale Type | Investment | No. Floors | 1 |
| Yield | 7% | Year Built | 1985 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Allocation | 0.85/1,000 sq ft |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Costar Property Class | B |
| Price | £11,607,000 |
| Price per sq ft | £103.72 |
| Sale Type | Investment |
| Yield | 7% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Total Plot Size | 5.30 ac |
| Net Internal Area (NIA) | 111,906 sq ft |
| No. Floors | 1 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Allocation | 0.85/1,000 sq ft |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Bus Route
- Fenced Lot
- Security System
- Skylights
- Reception
- Car Charging Station
- On-Site Security Staff
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Colliery Lane | Bayton Road Industrial Estate
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