The units are mainly of steel frame construction with clad elevations and roofs, each incorporating a roller shutter loading door. Each has a separate power supply. Above units 1 and 2 is an extensive four bedroom apartment, each room with en-suite.
To the southern rear of the site are yard areas beyond an electronically operated security gate, all yards are laid to hardstanding and most are separately fenced
( Agency Pilot Software ref: 3789 )
Location
The property is accessed o the A423 Oxford Road near the village of Ryton-on-Dunsmore approximately one mile south-east of the A45/A46 intersection known as Toll Bar island on the southern periphery of Coventry. Close by are Coventry Airport, set to be the UK’s largest battery giga factory, Prologis Park, Ryton, Middlemarch Industrial Estate and the Coventry and Warwickshire Gateway, currently under construction.
Accommodation
5.78 acres (2.34 hectares)
Terms
TENURE The property is freehold and is made up of the following title numbers. WK347803, Part of WK290541 and Part of WK330817 Please note that the area of land (cross-hatched in grey) within Title No: WK322302 is in separate ownership, reserving rights of access over the access road and is not currently available for sale. The remainder of the land and property within WK330817 may be available by way of separate negotiation.
SERVICES All units have separate power supplies. The yards do not currently have access to mains services, however, there are mains services to the site which could be extended. Static caravans and the apartment all have mains water and electricity
VAT All figures are exclusive of VAT where applicable but, subject to the relevant options to tax being in place, the sale may be regarded as a transfer as a going concern for VAT purposes.
EPC Details available within the data room.
LEGAL COSTS Each party to be responsible for their own costs
Specification
• Current income £283,450 per annum,
• ERV of £355,740 per annum
• Asset management opportunities
• Considerable tenant demand for yard space and units