Under Offer

TypeIndustrial Investments · Office Investments · Leisure & Hotel Investments

CV5 405 Broad Lane, Coventry

TenureFor sale

405 Broad Lane, Coventry, CV5 1/6

Specification

Building size
Building size 26,854 sqft
Property type
Property type Industrial Investments · Office Investments · Leisure & Hotel Investments
Tenure
Tenure For sale

Description

Broad Lane comprises a multi-let business park, home to a variety of uses. The estate contains workshops, office suites and a gym. Both the gym on the ground floor and the first floor offices have recently been refurbished to a good standard. The estate is home to numerous long-term tenants and currently achieves a gross rental income of £144,324 per annum. The total lettable floor area is 26,854 sq ft (2,432 sq m) is fully occupied.

Available Freehold, Title Number - MM232

Location

The estate is well situated on Broad Lane, just 1.2 miles from the A45 Fletchamstead Highway. Coventry city centre can be accessed in just 7 minutes and junction 6 of the M42 in 10 minutes.

Amenities

Gross initial yield 7.4%

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