The available property includes a central front warehouse, with 3 floors of offices, the warehouse having 6 meter eaves and two large roller shutter accesses. This part of the property it is expected will be provided with vacant possession on completion, following the move by the current tenant to other premises. To the middle and rear of the site are a further 4 industrial units, each with seperate tenants on tenancies at will, bringing in a combined rental of £44,880 pa. The units all have roller shutter and pedestrian door access, seperately metered and rated.
Situated to the centre of Torrington Avenue on the western side of Coventry City, the site extends back from the road towards the railway line. Torrington Avenue connects at the eastern end with the A45, which gives direct access to Coventry and Birmingham City Centres and the national road network. Canley trainstation is in close proximity, as is the University of Warwick.
EPC reports are currently being undertaken.
There is no service charge provision on site.
Strictly by appointment with the agent Bromwich Hardy.
Each party is to bear their own legal and surveyors costs incurred in this transaction.
Mixture of large and small industrial units
Well known historic industrial location
Current rent of £100,560 pa, ERV £127,000 pa
Excellent road connections and proximity to railway station
Close to Warwick University
Opportunity for an owner occupier and income
Flexible but transferable leases in place
Existing leases in place to:
Unit 1 - With vacant possession
Unit 2a - Smartie Pants - Tenancy at Will - £8,160pa
Unit 2b - L.T.D Associates - Tenancy at Will - £7,920 pa
Unit 2c - Davies Memorials - Tenancy at Will - £10,800 pa
Unit 3 - Every Page - Tenancy - Tenancy at Will - £18,000 pa
( Agency Pilot Software Ref: 1807 )