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Staircraft Group 3 Industrial Properties Offered at £18,230,000 in Multiple Locations
Investment Highlights
- Both locations are supported by strong public transport links, with bus, rail and air transport easily accessible.
- Prime West Midlands distribution location, situated within the ‘Golden Triangle’.
- Colliery Lane sits within the established Bayton Road industrial estate in Exhall, 6 miles north of the Coventry city centre.
Executive Summary
Offers are invited in excess of £18,230,000 which reflects an attractive net initial yield of 7.05% after standard purchasers costs which represents a low capital value of £97.78 per sq ft.
The individual properties are available at Colliery Lane £11,607,000 reflecting 7% net initial yield
C1 Ibstock Road £2,447,000 reflecting 7.03% net initial yield
C2 Ibstock Road £4,176,000 reflecting 7.25% net initial yield
The individual properties are available at Colliery Lane £11,607,000 reflecting 7% net initial yield
C1 Ibstock Road £2,447,000 reflecting 7.03% net initial yield
C2 Ibstock Road £4,176,000 reflecting 7.25% net initial yield
Property Facts
| Price | £18,230,000 | Number of Properties | 3 |
| Price psf | £97.78 / sq ft | Individually For Sale | 3 |
| Sale Type | Investment | Total Property Size | 186,431 sq ft |
| Status | Active | Total Land Area | 9.44 ac |
| Price | £18,230,000 |
| Price psf | £97.78 / sq ft |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Property Size | 186,431 sq ft |
| Total Land Area | 9.44 ac |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Colliery Lane
Bayton Road Industrial Estate, Exhall CV7 9NW |
Industrial | 111,906 sq ft | 1985 | £11,607,000 |
| Unit C2 Ibstock Rd, Coventry CV6 6JR | Industrial | 47,434 sq ft | 1980 | £4,176,000 |
| Unit C1 Ibstock Rd, Coventry CV6 6JR | Industrial | 27,091 sq ft | 1980 | £2,447,000 |
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