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Rowley Dr 32,219 sq ft Industrial Property Coventry CV3 4FH £1,800,000 (£55.87/sq ft)
Investment Highlights
- 32,219 sq ft.
- 3 roller shutters.
- Easy access to M6, M40, M45, M1 motorways.
- Cap Val of £62 psf.
- 1.8 acres site.
- Gates site with secure fencing.
- OIEO £1,800,000.
Executive Summary
Long Leasehold - granted by the Council of the City of Coventry, for a term of 125 years, expiring March 2139 (approximately 114 years). We understand that the current ground rent is £15,300 per annum, with 5 yearly rent reviews to 11% of the market rent.
Offers are sought in excess of £2,000,000 for the long leasehold interest, reflecting a low capital value of £62 psf.
Offers are sought in excess of £2,000,000 for the long leasehold interest, reflecting a low capital value of £62 psf.
Property Facts
| Price | £1,800,000 | Net Internal Area (NIA) | 32,219 sq ft |
| Price per sq ft | £55.87 | No. Floors | 2 |
| Sale Type | Owner Occupier | Year Built/Renovated | 1986/2022 |
| Tenure | Long Leasehold | Tenancy | Single |
| Property Type | Industrial | Parking Allocation | 3.1/1,000 sq ft |
| Property Subtype | Distribution Warehouses | Eaves Height | 24 ft 3 in (7.39 m) |
| Costar Property Class | B | No. Drive In / Grade-Level Doors | 3 |
| Total Plot Size | 2.00 ac |
| Price | £1,800,000 |
| Price per sq ft | £55.87 |
| Sale Type | Owner Occupier |
| Tenure | Long Leasehold |
| Property Type | Industrial |
| Property Subtype | Distribution Warehouses |
| Costar Property Class | B |
| Total Plot Size | 2.00 ac |
| Net Internal Area (NIA) | 32,219 sq ft |
| No. Floors | 2 |
| Year Built/Renovated | 1986/2022 |
| Tenancy | Single |
| Parking Allocation | 3.1/1,000 sq ft |
| Eaves Height | 24 ft 3 in (7.39 m) |
| No. Drive In / Grade-Level Doors | 3 |
Amenities
- 24 Hour Access
- Mezzanine
- Yard
- Roller Shutters
- Demised WC facilities
Utilities
- Lighting - Fluorescent
- Gas
- Heating - Gas
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Rowley Dr
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