EASTERN BYPASS (A46), BINLEY WOODS, COVENTRY, WARWICKSHIRE, CV3 2ZZ
PROMINENT ROADSIDE OPPORTUNITY
2,411 sq ft (224 sq m)

Key Points

* Frontage to A46
* Site area 0.49 acres
* Existing A3 consent

Location

Highly prominent lcoation on the southbound carriageway of the A46 East Coventry bypass which forms part of the Coventry ring road.  Situated upon roadside services and located adjacent to a Texaco petrol filling station.

Click here for Google street view.

Description

The existing unit provides a unit of approximately 2,411 sq ft (224 sq m) and 35 car parking spaces.  Purpose built roadside restaurant of brick contruction with tile roof but this space has been subject to extensive fire damage and vandalism - further details on request.

Terms

The property is available on a new effective full repairing and insuring lease for a minimum term of 10 years subject to a open market rent review at the end of every fifth year.

Rent

Rental offers are for the existing building are invited commencing at £15,000 per annum exclusive.

Long leasehold

Alternatively, our clients will consider a sale of their Long Leasehold interest expiring in 2079 with offers invited in excess of £75,000 (plus VAT).

EPC

An EPC for the property has been commissioned and will be available to interested parties on request.

Rates

The building has been de-listed. Further details on request.

Timing

The unit is currently vacant and therefore access can be granted upon completion of the relevant legal formalities.  A non refundable deposit of £5,000 will be required by the landlord before legal documentation is despatched with an exchange of contracts required within 28 days - further details upon request.

Long Leasehold

Alternatively, our clients will consider a sale of their long leasehold interest expiring in 2079 with offers invited in the region of £150,000 (plus VAT).

Viewing

All viewings through joint sole agents:

or Edward Symmons, 0121 200 7620

SUBJECT TO CONTRACT 
May 2012