Map view Street view Unit 3, Progress Way, Binley Industrial Estate, Coventry, CV3 2NT 39,895 Sq Ft / Industrial / Distribution For Sale - £3,630,000.00 Available - Last updated: 17 September 2025 SummaryUnit S3 is a modern distribution warehouse of steel portal frame construction and insulated profile metal sheet cladding and roof system. The internal office accommodation has recently been constructed. The site has the asset management potential to increase parking capacity on the site by removing the side lean-to (illustrated on brochure page 4). The registered title boundary includes the access road Lifford Way. The road services both Unit 3 and neighbouring occupiers. The registered title boundary includes the access road Lifford Way. The road services both Unit 3 and neighbouring occupiers. Further tenancy details can be located on page 6 of the brochure and further account information can be made available on request.Key PointsFreehold Investment - Sale and LeasebackLocated on the established Binley Business Park in the heart of Coventry and within the UK's premier logistics "Golden Triangle"Excellent transport links to the M6, M45, M42 and M1 motorways.Extending to approximately 39,895 sq. ft. of warehouse, office and ancillary accommodation. Warehouse eaves height of 9.6mLet on effective FRI terms to HydroGarden Limited who have an Experian credit rating of 100 reflecting very low riskHydrogarden occupy the adjoining unit and there will be the right of first refusal to acquire, if the property were to be soldOffers in excess of £3,630,000 subject to contract and exclusive of VATReflecting a net initial yield of 7.04% and £100 per sq. ft. capital value assuming purchasers' costs of 6.54%LocationLocated within the "Golden Triangle," a prime logistics region in the UK known for its exceptional connectivity. Situated in Coventry, this property benefits from quick access to several major motorways: the M6, M69, M40, and A46, offering seamless routes to Birmingham, Leicester, London, and the wider Midlands. This strategic positioning makes it ideal for businesses in distribution and logistics, allowing efficient transportation across the UK. The Binley Industrial Estate itself is a well-established commercial area with robust infrastructure and access to a variety of essential amenities. Property Quote Price(s) DescriptionSale typeGuide pricePrice type For Sale Freehold £3,630,000.00 NA Documents and links Unit3ProgressWay 28725.pdf Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist