Property Information
Address:
Paradise Way, Coventry
, CV2 2TX
Price: Rent: POA
Sale Price: POA
Size: 91733 sq ft8522 sqm
Primary Category: Land
All Categories:
Land, Office,
Property Ref/Movehut: MH692230
Property Ref/Agent: 3753
*Please use the agent ref when calling the agent directly.
Property description
Sapphire Court, Paradise Way, Coventry CV2 2TX
Prime 5 acre site with 91,733 sq ft vacant office and alternative use potential subject to planning.
The city of Coventry is located in the West Midlands, strategically positioned within the "Golden Triangle" at the centre of the UK and national motorway
network. Its location in the heart of the midlands affords the city excellent communications with approximately 83% of the UK's population within a 4-hour drive.
Coventry is located 22 miles east of Birmingham, 24 miles southwest of Leicester and 33 miles northwest of Northampton, the city is positioned along the M6 motorway which runs 4.5 miles north of the city centre with access provided at Junction 2.
The city benefits from a diverse and skilled population providing an established work force for occupiers, with both Coventry University and the University of Warwick located in the city and home to a combined 70,000 students. Excellent road access allows access to talent from other major towns and cities across the east and west midlands.
The property was constructed as two office buildings in 1995 by Barclay Property Holdings and is of steel frame construction with brick elevations under a pitched roof. The property was extended by the previous occupier in 1997 and then again in 2004 adding a further 13,500 sq ft of office accommodation.
The accommodation benefits from the previous occupiers fitout which includes a mixture of open plan office accommodation with meeting rooms, private offices, breakout spaces, comms rooms and canteen/kitchen facilities.
Rare opportunity to acquire a vacant HQ office totalling 91,733 sq ft (8,522 sq m)
Modern office accommodation over ground and first floors
400 car parking spaces providing an excellent ratio of 1:229 sq ft
Prime site extending to approximately 4.97 acres (2.01 hectares)
Located in the "Golden Triangle" providing excellent links to the UK motorway network
Situated just off of the A4600 providing immediate access to Junction 2 of the M6 and M69
The property is offered to the market with the benefit of vacant possession
Potential for redevelopment and alternative uses subject to planning permission
The property is held long leasehold for a term of 150 years
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