Sapphire Court, Paradise Way, Coventry Walsgrave Triangle, Coventry, CV2 2TX

Description
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.


Location
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.

Business Rates
The current rateable value for the property is £1,350,000 based on the 2023 list. Interested parties should make their own enquiries.

Tenure
The property is held long leasehold (title number: - WM610770) for a term of 150 years from March 1995, providing approximately 120.8 years unexpired at a peppercorn rent. The freeholder is Coventry City Council.

Local Authority
Coventry

Price Details
Offers are invited on an unconditional basis for the long leasehold interest.