Industrial Investment, Two Freehold Units Fully Tenanted
For Sale
£1,100,000 for the Freehold
Industrial Investment, Two Freehold Units Fully Tenanted 16,461 Sq Ft (1,529.23 Sq M)
22 and 24 Brindley Road, Coventry, Warwickshire CV7 9EP Property Highlights • Two freehold units situated on Brindley Road at the heart of the Bayton Road Industrial Estate. • Current rental of £77,000 per annum, ERV of £90,000 per annum • Rent reviews are due under the leases on 1st April 2019 and are to open market rental. • The properties will be retained by the vendors, Premier Sheet Metal (Coventry) Limited, under existing leases with just over five years remaining. • Potential to agree reinstatement provisions for the properties on return to vacant possession.
Mr James Brookes 024 7630 8900 07854 367 326 [email protected]
www.investingproperties.com
Location Brindley Road is situated centrally on the historic and well renown Bayton Road Industrial Estate, to the North of Coventry City. Bayton Road Industrial Estate is situated within 1 mile of Junction 2 of the M6 motorway, making it one of the most effectively located industrial estates in the Midlands, with access to the national road network thereafter. The subject properties lie to the Eastern end of Brindley Road, with the main headquarter building occupying a corner plot with frontage on Bayton Road also.
Description 22 Brindley Road | The building is of concrete floor base, steel portal frame construction with brick elevations. The front section of the building contains two floors of offices under a flat roof, with the rear section housing an industrial unit with two roller shutter entrances and an eaves height of 3.78m/ apex of 4.44m, under a pitched corrugated metal sheet roof. To the rear of the industrial unit is a small workshop leased by the Premier Group, but in the ownership of a separate party and not included in the sale. External to the building is a surfaced parking area to the front, capable of housing around 10 vehicles. Between unit 22 and 24 is gated access to a communally shared yard, giving access to the rear industrial areas of both buildings. 24 Brindley Road | The building is of concrete floor base, steel portal frame construction with brick elevation. The front section of the building contains two floors of offices under a flat roof with the office space having been completely refurbished to a high specification, including full double glazing and air conditioning. The rear section of the building again houses the industrial space with a single roller shutter door access and eaves height of 5.40m/ apex of 7.70m, with of a side section/ lean-to at single storey height. Externally to the front of the building is a surfaced parking area for about 10 vehicles. As previously mentioned there is a securely gated yard between units 22 and 24, which measures 0.15 acres (0.06 Hect).
Accommodation Description
Sq Ft
Sq M
Total
16,461
1,529.23
Services All mains services are connected.
EPC 22 Brindley Road................................D - 83 24 Brindley Road................................C - 72
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.
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 2018.
Bromwich Hardy 1 The Cobalt Centre, Siskin Parkway East Middlemarch Business Parkway, Coventry CV3 4PE
024 7630 8900 [email protected] www.bromwichhardy.com
£1,100,000 for the Freehold
Industrial Investment, Two Freehold Units Fully Tenanted 16,461 Sq Ft (1,529.23 Sq M)
22 and 24 Brindley Road, Coventry, Warwickshire CV7 9EP Property Highlights • Two freehold units situated on Brindley Road at the heart of the Bayton Road Industrial Estate. • Current rental of £77,000 per annum, ERV of £90,000 per annum • Rent reviews are due under the leases on 1st April 2019 and are to open market rental. • The properties will be retained by the vendors, Premier Sheet Metal (Coventry) Limited, under existing leases with just over five years remaining. • Potential to agree reinstatement provisions for the properties on return to vacant possession.
Mr James Brookes 024 7630 8900 07854 367 326 [email protected]
www.investingproperties.com
Location Brindley Road is situated centrally on the historic and well renown Bayton Road Industrial Estate, to the North of Coventry City. Bayton Road Industrial Estate is situated within 1 mile of Junction 2 of the M6 motorway, making it one of the most effectively located industrial estates in the Midlands, with access to the national road network thereafter. The subject properties lie to the Eastern end of Brindley Road, with the main headquarter building occupying a corner plot with frontage on Bayton Road also.
Description 22 Brindley Road | The building is of concrete floor base, steel portal frame construction with brick elevations. The front section of the building contains two floors of offices under a flat roof, with the rear section housing an industrial unit with two roller shutter entrances and an eaves height of 3.78m/ apex of 4.44m, under a pitched corrugated metal sheet roof. To the rear of the industrial unit is a small workshop leased by the Premier Group, but in the ownership of a separate party and not included in the sale. External to the building is a surfaced parking area to the front, capable of housing around 10 vehicles. Between unit 22 and 24 is gated access to a communally shared yard, giving access to the rear industrial areas of both buildings. 24 Brindley Road | The building is of concrete floor base, steel portal frame construction with brick elevation. The front section of the building contains two floors of offices under a flat roof with the office space having been completely refurbished to a high specification, including full double glazing and air conditioning. The rear section of the building again houses the industrial space with a single roller shutter door access and eaves height of 5.40m/ apex of 7.70m, with of a side section/ lean-to at single storey height. Externally to the front of the building is a surfaced parking area for about 10 vehicles. As previously mentioned there is a securely gated yard between units 22 and 24, which measures 0.15 acres (0.06 Hect).
Accommodation Description
Sq Ft
Sq M
Total
16,461
1,529.23
Services All mains services are connected.
EPC 22 Brindley Road................................D - 83 24 Brindley Road................................C - 72
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.
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 2018.
Bromwich Hardy 1 The Cobalt Centre, Siskin Parkway East Middlemarch Business Parkway, Coventry CV3 4PE
024 7630 8900 [email protected] www.bromwichhardy.com
