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INVESTMENT HIGHLIGHTS
- Prominent corner position on busy arterial road
- Approx. 19,111 sq ft (0.438 acres)
- Comprising office buildings, commercial wash bay and yard for parking vehicles
EXECUTIVE SUMMARY
Guide price: £950,000
High Yielding Retail Investment. A freehold property of approx. 19,111 sq ft (0.438 acres) comprising office buildings, commercial wash bay and yard for parking vehicles. Let to Enterprise on a 20 year FRI lease from 2024, with 5 yearly rent reviews. Investment let at £70,000 per annum (7.36% on guide price).
High Yielding Retail Investment. A freehold property of approx. 19,111 sq ft (0.438 acres) comprising office buildings, commercial wash bay and yard for parking vehicles. Let to Enterprise on a 20 year FRI lease from 2024, with 5 yearly rent reviews. Investment let at £70,000 per annum (7.36% on guide price).
PROPERTY FACTS
| Price | £950,000 | Number of Properties | 2 |
| Price psf | £400.67 / sq ft | Individually For Sale | 0 |
| Yield | 7.36% | Total Property Size | 2,371 sq ft |
| Sale Type | Investment | Total Land Area | 0.87 ac |
| Status | Active |
| Price | £950,000 |
| Price psf | £400.67 / sq ft |
| Yield | 7.36% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Property Size | 2,371 sq ft |
| Total Land Area | 0.87 ac |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| Lockhurst Ln, Coventry CV6 5NY | Office | 648 sq ft | 2000 | - |
|
Enterprise Rent-a-car
Lockhurst Ln, Coventry CV6 5NY |
Retail | 1,723 sq ft | 2001 | - |
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Enterprise Rent-a-car Lockhurst Lane
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