Property photos
Just added
Leasehold
Offers in region of
£4,100,000
(£112.36/sq. ft)
Property for sale
Market Way, Coventry CV136,490 sq. ft
Local area information
Property location
Nearby amenities
- St Osburg's Catholic Primary School 0.4 miles
- Spon Gate Primary School 0.4 miles
- Coventry 0.4 miles
- Canley 1.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Coventry to find out more about the local area.
Features and description
- Leasehold
Offers are sought in excess of £4,100,000 (Four Million One Hundred Thousand Pounds)
subject to contract and exclusive of VAT. A purchase at this level would reflect an attractive Net
Initial Yield of 11.67% and a Reversionary Yield of 12.55% after the fixed rental uplift in 2023
The property comprises two retail units arranged
over ground and basement levels totalling 36,490 sq ft.
Poundland occupy a prominent, double fronted unit arranged over
ground & mezzanine level totalling 22,099 sq ft. The unit benefits
from open plan accommodation with an expansive frontage onto
Market Way.
Sport Direct occupy a 14,391 sq ft unit arranged over ground and
basement level. The main sale areas is located at basement which is
accessed from the ground floor entrance via an escalator.
The upper floors have been sold off to ASH8 on a long leasehold
interest expiring in 2143. The accommodation is currently used for
student accommodation.
subject to contract and exclusive of VAT. A purchase at this level would reflect an attractive Net
Initial Yield of 11.67% and a Reversionary Yield of 12.55% after the fixed rental uplift in 2023
The property comprises two retail units arranged
over ground and basement levels totalling 36,490 sq ft.
Poundland occupy a prominent, double fronted unit arranged over
ground & mezzanine level totalling 22,099 sq ft. The unit benefits
from open plan accommodation with an expansive frontage onto
Market Way.
Sport Direct occupy a 14,391 sq ft unit arranged over ground and
basement level. The main sale areas is located at basement which is
accessed from the ground floor entrance via an escalator.
The upper floors have been sold off to ASH8 on a long leasehold
interest expiring in 2143. The accommodation is currently used for
student accommodation.
More information
Listed by
.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Stonebanks. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Stonebanks for full details and further information.