Demand for West Midlands industrial property hots up as £1 million Coventry unit hits the market
A Coventry industrial unit has gone on the market with a price tag of £1 million for the freehold, as the West Midland industrial market continues to see record levels of demand for freehold industrial property.
Property agents Godfrey-Payton, who have offices in Coventry, Warwick and Market Harborough, are selling 384 Stoney Stanton Road in Coventry on behalf of a private investor based in the South East.
The prominently located industrial unit, with forecourt and rear yard, is available freehold for offers in the region of £1 million, or to rent, based on £60,000 per annum.
Ross Bendall, senior commercial surveyor at Godfrey-Payton, said: “We are already receiving strong interest in this property – such is the demand for well-located industrial units.
“384 Stoney Stanton Road is about one mile from Coventry city centre and the Inner Ring Road, and less than three miles from Junction 3 of the M6.”
The property has a gross internal area of 7,446 sq ft, includes offices and has an eaves height of 15’ .
Mr Bendall added: “The premises have been used previously as a tyre fitting centre, however could be suitable for a variety of other purposes, subject to planning permission and other relevant consents.”
Further details are available from Ross Bendall at Godfrey-Payton on 02476 226684, or ross.bendall@godfrey-payton.co.uk
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For further information, please contact
Ross Bendall, Senior Commercial Surveyor, Godfrey-Payton, Old Bablake, Hill Street, Coventry, CV1 4AN.
Tel: 02476 226684
Notes to Editors
Godfrey-Payton is one of the Midlands’ longest established firms of chartered surveyors, offering a full range of property services to private, corporate and commercial clients. Services include estate management, residential, commercial and agricultural sales and lettings, surveys and valuations, planning and development consultancy and the full range of professional services, including advice on HS2 compensation. The firm has offices in Coventry, Warwick and Market Harborough.