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Investment Highlights

  • Huge Development Potential
  • Popular Location
  • Viewing advised
  • 9.6% Rental Yield
  • No Upward Chain
  • Spacious premises
  • 273 Square Metres

Executive Summary

This is a unique opportunity to acquire a freehold commercial site with excellent income and development potential. Extending to approximately 273 square metres, the property is divided into four distinct units, providing a flexible layout suitable for a wide range of commercial or light industrial uses.

The site is unencumbered by existing planning permissions, making it particularly attractive for developers or investors seeking a clean-slate opportunity. There may be potential for reconfiguration, intensification of use, or complete redevelopment, subject to the necessary consents.

Whether you're looking for a secure income-producing asset with room for uplift, or a site to redevelop in the medium term, this property presents versatility, location benefits, and long-term growth potential.

No current planning permission - clear scope for future development (STPP)

Located in a promising commercial area with strong rental demand

Potential for improved rental return with lease renegotiation or refurbishment

Blank canvas for planning/development proposals

Rare opportunity to secure a substantial site with existing infrastructure

Long-term capital appreciation potential

Viewings and Directions
Strictly by appointment only through the sole agent Fraser Stretton

Postcode for Sat Nav: CV1 4EY

Tenure: Freehold

Property Facts

Price $702,069 CAD
Price Per SF $73.13 CAD
Sale Type Owner User
Tenure Freehold
Property Type Industrial
Property Subtype Service
Building Class C
Lot Size 1.00 AC
Rentable Building Area 9,600 SF
No. Stories 1
Year Built 1960

Amenities

  • Automatic Blinds

Utilities

  • Water
  • Listing ID: 36100633

  • Date on Market: 2025-06-03

  • Last Updated:

  • Address: 55 Harnall Lane W, Coventry CV1 4EY

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