Log In/Sign Up
Your email has been sent.
Colliery Lane Bayton Road Industrial Estate 111,906 SF Industrial Building Exhall CV7 9NW $21,517,625 CAD ($192.28 CAD/SF) 7% Cap Rate
Investment Highlights
- Coventry is a prime West Midlands distribution location, situated within the ‘Golden Triangle’.
- The city benefits from excellent motorway access with connectivity to the UK via the M6 (JCT 3), M69 (JCT 2), M40 (JCT 15), and the M1 (JCT 19).
- Coventry is located 21 miles east of Birmingham, 25 miles south west of Leicester and 37 miles north west of Northampton.
Executive Summary
Colliery Lane
£11,607,000 reflecting 7% net initial yield
This site houses the staircase manufacturing division of the group and comprises of a detached steel portal framed warehouse unit built in the 1990s with a two-storey ancillary office block. In 2019 the original building was refurbished and extended with a new detached building was constructed to the rear.
The main unit has 12 roller shutter doors and eaves height of 7.52m with the rear building having 6.68m eaves and 13 roller shutter doors. There is a biomass heating system that runs into both buildings.
£11,607,000 reflecting 7% net initial yield
This site houses the staircase manufacturing division of the group and comprises of a detached steel portal framed warehouse unit built in the 1990s with a two-storey ancillary office block. In 2019 the original building was refurbished and extended with a new detached building was constructed to the rear.
The main unit has 12 roller shutter doors and eaves height of 7.52m with the rear building having 6.68m eaves and 13 roller shutter doors. There is a biomass heating system that runs into both buildings.
Property Facts
| Price | $21,517,625 CAD | Lot Size | 5.30 AC |
| Price Per SF | $192.28 CAD | Rentable Building Area | 111,906 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7% | Year Built | 1985 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.85/1,000 SF |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | B |
| Price | $21,517,625 CAD |
| Price Per SF | $192.28 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 5.30 AC |
| Rentable Building Area | 111,906 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Ratio | 0.85/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Bus Line
- Fenced Lot
- Security System
- Skylights
- Reception
- Car Charging Station
- On-Site Security Staff
1 1
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Colliery Lane | Bayton Road Industrial Estate
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.