Marketed by
Bromwich Hardy
Coventry
The Cobalt Centre, 14 Siskin Pkwy E, Coventry CV3 4PE, UK
Available
1 of 16
£750,000
Units 13A-D, Princes Drive, Kenilworth, CV8 2FD
8065 sq. ft (749.26 m²)
Key features
- NIY 6.75%
- Opportunities for rental growth
- High-demand location
- Tenancy schedule available on request
Description
The property comprises a brick-built block of four units. Units A,B & C are currently used as warehouses / workshops, while Unit D serves as an open plan office with mezzanine storage. Externally, there is ample parking and circulation space.
Each unit is occupied on a commercial lease, all of which are available on request. The total passing rent is £53,350 per annum exclusive, equating to a net initial yield of 6.75% at the quoting price of £750,000 (assuming purchaser's costs of 5.4%).
The EPC rating of each unit is as follows:
13A - B
13B - C
13C - C
13D - C
Copies are available on request.
Unit Name: unit | 2512 sqft | £7.01
Unit Name: unit | 1825 sqft | £7.26
Unit Name: unit | 3728 sqft | £6.04
Each unit is occupied on a commercial lease, all of which are available on request. The total passing rent is £53,350 per annum exclusive, equating to a net initial yield of 6.75% at the quoting price of £750,000 (assuming purchaser's costs of 5.4%).
The EPC rating of each unit is as follows:
13A - B
13B - C
13C - C
13D - C
Copies are available on request.
Unit Name: unit | 2512 sqft | £7.01
Unit Name: unit | 1825 sqft | £7.26
Unit Name: unit | 3728 sqft | £6.04
Reference: 377594_sales
Download Sales Details
Marketed by
Bromwich Hardy
Coventry
The Cobalt Centre, 14 Siskin Pkwy E, Coventry CV3 4PE, UK
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- Brochure available
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