Willenhall Lane, Coventry (52,425ft²)
This property comprises a modern warehouse at the western end of the site, which is adjoined by an older section to the east. In addition, a small Lean-to is attached to the rear of the older section and there are two outbuildings on the site, providing basic, covered storage with a roller shutter. The whole site spans approximately 2.45 acres.
The property is situated with the well-established Binley Industrial Estate, with access via Brandon Way (A428) and Willenhall Lane, with the former serving as the goods entrance and the latter providing access to the offices. Binley Industrial Estate is excellently located, situated just off the A46, which, in turn, connects to the M69 (M1) and M6 approximately 2 miles to the north. Nearby occupiers include: Evri, B&Q, Saint Gobain, Dulux and Howdens.
Sale and leaseback.
Rent of £325,000 per annum reflecting £6.20 per ft².
5-year FRI ex Act with a tenant break after 2 years.
52,425ft² on a 2.45-acre site.
Offers in excess of £3,500,000 reflect NIY of 8.72% (assuming 6.5% purchasers’ costs).
Low capital value of £67 per ft².
See the full brochure here.
Contact Us.
Email Address
joe.reubin@sbh.co.uk.
Phone Number
01992 780 030