Croft Farm, Parrotts Grove, Coventry, Warwickshire
, CV2 1NR
, United Kingdom Price: Property no longer available.
Size: 27552 sq ft2560 sqm Primary Category: Land All Categories:
Investment, Land, Office, Industrial, Property Ref/Movehut: MH648762 Property Ref/Agent: 1083
*Please use the agent ref when calling the agent directly.
The industrial estate is accessed via a newly widened road from the B4109, coming into gates on the entrance to the estate. Immediately to the right is a communal toilet block and some parking, to the right is the single residential building on site. The estate consists of numerous industrial buildings of differing size, height, and quality, sectioned into 29 individual units, all fully rented currently and historically. There are numerous parking areas around the site and fourteen containers rented out for storage. To the rear of the estate are pastures within greenbelt and to the front an area of open land between the estate and the B4109. The site has newly consented permission for a further 6 new build industrial units and an area of 1.63 acres of B8 open storage to the rear of the site. It has been suggested the remainder of the owned land could become available for industrial use in the future, dependant on application to the planning authority.
Industrial estate situated to the North of Coventry City in the West Midlands industrial hotbed, with 100% occupation since creation in 2008.
The estate comprises 29 industrial units totalling 27,552 sq.ft (2,559.64 sq.m) and an area of land to the rear measuring 9.03 acres (3.65 Ha)
Stripped back there are 5 acres of brownfield development land available, with consent for 6 new build industrial units of around 30,000 sq. ft and 1.8 acres of open storage land.
Gross rental for the estate and surrounding land is £136,500 per annum.
The land to the front of the estate behind the B4109 sign could be included in
the sale if required.
The Croft Farm units are largely let to the automotive trade on rolling licences with an average rent of £4.57 per sq.ft.
Newly widened and resurfaced access road, allowing access for Heavy Goods
Vehicles, from the B4109.
There is a new service charge currently being implemented.
EPC for Croft Farm, Parrotts Grove, Coventry, Warwickshire
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