TypeIndustrial Investments · Office Investments · Leisure & Hotel Investments
TenureFor sale
Broad Lane comprises a multi-let business park, home to a variety of uses. The estate contains workshops, office suites and a gym. Both the gym on the ground floor and the first floor offices have recently been refurbished to a good standard. The estate is home to numerous long-term tenants and currently achieves a gross rental income of £144,324 per annum. The total lettable floor area is 26,854 sq ft (2,432 sq m) is fully occupied.
Available Freehold, Title Number - MM232
The estate is well situated on Broad Lane, just 1.2 miles from the A45 Fletchamstead Highway. Coventry city centre can be accessed in just 7 minutes and junction 6 of the M42 in 10 minutes.
Gross initial yield 7.4%