industrial/warehouse unit with development...

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Unit & Land at Theocrest Business Park, Cavans Way, Binley Industrial Estate, Coventry CV3 2SF For Sale Industrial/Warehouse Unit with Development Land/Yard 3,324 Sq Ft (308.8 Sq M) Property Highlights Total site area 0.59 acres (0.24 hectares) Planning permission for 3 new units totalling 6,106 sq ft (567.34 sq m) Yard suitable for development or for external storage Shared access within secure compound Located on arguably Coventry's most popular industrial estate Mr David Penn 024 7630 8900 07771 774640 [email protected] www.bromwichhardy.com £495,000

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Page 1: Industrial/Warehouse Unit with Development Land/Yardbulkloader.prd.pl.artirix.com.s3.amazonaws.com/18f90994-1d4e-4a2… · Industrial/Warehouse Unit with Development Land/Yard

Unit & Land at Theocrest Business Park, Cavans Way, Binley

Industrial Estate, Coventry CV3 2SF

For Sale

Industrial/Warehouse Unit with Development Land/Yard

3,324 Sq Ft (308.8 Sq M)

Property Highlights • Total site area 0.59 acres (0.24

hectares)

• Planning permission for 3 new units totalling 6,106 sq ft (567.34 sq m)

• Yard suitable for development or for external storage

• Shared access within secure compound

• Located on arguably Coventry's most popular industrial estate

Mr David Penn

024 7630 8900

07771 774640

[email protected]

www.bromwichhardy.com

£495,000

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Bromwich Hardy

1 The Cobalt Centre, Siskin Parkway East

Middlemarch Business Parkway, Coventry CV3 4PE

024 7630 8900

[email protected]

www.bromwichhardy.com

Location

The unit is situated to the South side at the end of the Cavans

Way cul-de-sac which lies off Herald Way on the popular and

established Binley Industrial Estate. The estate connects with the

B428 Brandon Road close to its junction with the A46 Coventry

Eastern Bypass, which in turn links with the M40 and M6/M69

motorways, with excellent access to the national motorway

infrastructure. The major improvements to the A45/A46 Tollbar

island are complete and the site is near to Jaguar Land Rover's

headquarters at Whitley.

Description The property comprises a single-storey industrial/warehouse unit

with a height to eaves of 3.76 m and maximum height to roof

ridge of 4.53 m. The unit is currently divided into two areas each

with separate roller shutter door, the front bay containing well-

appointed reception offices and WCs. There are some

mezzanine areas included.

Externally, the premises have a shared access within a secure

compound which currently provides dedicated parking for the

unit of 12 spaces. The remaining areas to be sold include a yard

area with loose hard coarse surface and a banked area which

is not suitable for storage or development.

Accommodation

Description Sq Ft Sq M

Front Unit 1,760 163.5

Rear Unit 1,564 145.3

Yard Area 0.25 0.1

Total 3,324 308.8

Business Rates

Rateable Value (2017) £14,750

Uniform Business Rates (2016/17)

(exclusive of water & sewerage)

0.479

pence

Tenure The premises are available freehold with shared right of access.

Planning Consent was granted on 14/02/2017 (Application No.

FUL/2016/3093) for the part demolition of existing industrial unit

and erection of 3 light industrial units (Use class B1c) and

reconfiguration/creation of vehicle parking. Please refer to

Coventry City Council’s Planning Portal for full details, including

planning conditions. Plan shown on page 4.

Services

All mains services are connected.

EPC To be confirmed

VAT We are advised that VAT will be payable in respect of the

pruchase price

Viewing Strictly by appointment with the agent Bromwich Hardy.

Legal Costs Each party is to bear their own legal and surveyors costs

incurred in this transaction.

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Bromwich Hardy

1 The Cobalt Centre, Siskin Parkway East

Middlemarch Business Parkway, Coventry CV3 4PE

024 7630 8900

[email protected]

www.bromwichhardy.com

Misrepresentations Act 1967. Unfair Contract Terms 1977. Consumer Protection Regulations under Unfair Trading Regulations 2008. The Business Protection

Regulations from Misleading Marketing Regulations 2008. These particulars are issued without any responsibility on Ad to rely. Neither the agent or any

person in their employ has an authority to make or give any representation or warrant whatsoever in relation to the property. December 2017.

Red line encompasses the land and building for sale.

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Bromwich Hardy

1 The Cobalt Centre, Siskin Parkway East

Middlemarch Business Parkway, Coventry CV3 4PE

024 7630 8900

[email protected]

www.bromwichhardy.com

Plan for the part demolition of existing industrial unit and erection of 3 light industrial

units. Red line does not denote the land for sale.