Progress Way, Coventry, West Midlands, CV3

Location

The property is situated on the South side of Progress Way, a turning off Herald Way. Binley Industrial Estate is ideally positioned adjacent to the A46 Coventry eastern by-pass for dual carriageway access to the M69 & M6 motorways for the North and the A45 & M45 for Birmingham & London. Coventry City Centre is 4 miles distance.

Description

The property has a single bay steel framed workshop with an eaves height of 11 ft. 6 in. (3.5 m), with brick cavity walls and an insulated corrugated concrete/asbestos sheet roof, incorporating fibreglass roof lights. A single-storey front office block extension and high-bay side workshop are later additions, with mineralised felt covered flat roofs. The property was modernised several years ago, opening up internal walls, fitting new toilets and kitchen/staff room, gas central heating and double glazing to the offices, space heating and high bay lighting in the workshop. Loading access is via front (4.25 m x 3.75 m height) and rear (3.65 m x 3.20 m height) roller shutter doors and the yard is secured by palisade fencing and a steel gate.

Accommodation

Ground Floor Workshops & Offices 3,910 sq ft (364 sq m)
Mezzanine Stores 450 sq ft ( 42 sq m)
Gross Internal Area 4,360 sq ft (406 sq m)

There are 6 parking spaces on the forecourt. The rear yard measures 70 ft. (21 m) width x 115 ft. (35 m) depth.

Services

All mains services are connected to the property. The workshop is heated by a Powrmatic gas fired space heater 300,000 Btu output and the offices by radiators served by an Ideal Independent C24 Combi-boiler. Three phase electric 240 Amp (720 Volt) is connected and distributed.

Lease

The property is available by way of a new full repairing and insuring lease for a minimum period of 5 years.

Rent

£39,500 per annum payable quarterly in advance, exclusive of VAT.

VAT

The option to levy VAT will be reserved in the lease, but is not charged on the rent and buildings insurance at this time.