Light industrial to let in 31 And 47, Brindley Road And Bayton Road, Coventry CV7, £107,598 pa

107,598.00 per month

Offer Nr.:
57487870
Type of ad:
to Rent
Property type:
Light industrial to let
Contact name:
Bromwich Hardy
Phone(s):
024 7511 9995

* Leasehold
* Headquarters Building, Refurbished Office, Industrial and External Areas
* Corner position on Bayton Road and Brindley Road
* Potential short and longe term leases
* Substantial parking areas to the front and yard to the side
* High quality refurbished offices
* Sectioned warehouse with roller shutters
* Well position for M6 Motorway
* Estimated Rates Payable: £37624. 6
**Description**
The building is of concrete floor base, steel portal frame construction with
brick elevations. The building has return frontage on to both Brindley Road
and Bayton Road, with this corner of the building housing the office
provision, which is split over two floors and again has been refurbished to a
very high specification, including a number of meetings rooms and single
offices, alongside a large first floor call centre style space. To the left of
the office space is a single storey warehouse area that has been converted
into a testing facility, with the rear of the building having been split into
two large warehouse areas and an internally separated paint spraying zone.
Externally to the front there is parking provision on both the Brindley and
Bayton Road parts, giving opportunity to park up to around 15 vehicles. On the
Bayton Road side of the industrial space is a large roller shutter access that
leads to a gated open storage yard measuring 0. 11 acres (0. 04 Hect), which
includes a temporary structure of 659 sq. ft (61. 22 sq. m) for external covered
storage.
**Situation and Location**
Brindley Road is situated centrally on the historic and well renown Bayton
Road Industrial Estate, to the North of Coventry City. Bayton Road Industrial
Estate is situated within 1 mile of Junction 2 of the M6 motorway, making it
one of the most effectively located industrial estates in the Midlands, with
access to the national road network thereafter. The subject properties lie to
the Eastern end of Brindley Road, with the main headquarter building occupying
a corner plot with frontage on Bayton Road also.
**Summary Situation and Location**
The West Midlands has seem a sharp rise over the past couple of years in
Industrial property values, with availability of both freehold and leasehold
option in very short supply. The Coventry Area has perhaps benefitted most
from the investment from Jaguar Land Rover in the area South of the city,
which has had a knock on effect with suppliers taking a number of the
available industrial spaces. Industrial estates around the city have seen
rental rises on a steady basis for both old and new stock, with occupancy
levels high and demand for available space strong.
**EPC Description**
Rating of D - 86
**Viewing**
Strictly by appointment with the agent Bromwich Hardy.
**Legal Costs**
Each party is to bear their own legal and surveyors costs incurred in this
transaction.
Headquarters Building, Refurbished Office, Industrial and External Areas
Corner position on Bayton Road and Brindley Road
Potential short and longe term leases
Substantial parking areas to the front and yard to the side
High quality refurbished offices
Sectioned warehouse with roller shutters
Well position for M6 Motorway
**Tenure Comments**
New fully repairing and insuring lease for a term of years to be negotiated

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