£900,000

Property for sale

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Just added

£900,000

(£88.65/sq. ft)

Property for sale

Paragon Way, Bayton Road Industrial Estate, Coventry CV7

10,152 sq. ft

Local area information

Property location

Nearby amenities

  • Exhall Cedars Infant School 0.2 miles
  • St Giles Junior School 0.6 miles
  • Bedworth 0.8 miles
  • Coventry Arena 1.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Bedworth to find out more about the local area.

Features and description

  • Modern industrial facility 10,152 sq ft on site of 0.65 ac
  • Let to Keltruck Ltd on 10-year lease with 5 years unexpired
  • Popular industrial estate location
  • Rental income of £70,000 pax
The property comprises a detached single storey industrial facility, which is occupied by Keltruck Limited as a Scania service and repair centre for commercial trucks and trailers, including 24hr emergency breakdown service and Scania parts sales.
The building dates from the 1980's and provides a modern warehouse which is arranged in four workshop bays with roller shutter access, having a minimum eaves height of circa 5.64 metres and incorporating two vehicle inspection pits, as well as a small mezzanine store and integral two-storey office accommodation.
Construction is based on a steel portal frame with brickwork elevations to a height of approximately 2 metres and steel cladding above beneath a pitched insulated steel roof.
The site is completed with an enclosed concrete yard and car parking area to the front of the building, which is secured by palisade fencing with a gated access.

Location
The property is situated in an established industrial area approximately 1 mile northeast of Exhall village centre. Exhall is a small village, which lies approximately 1.5 miles south of Bedworth town centre and 4.5 miles north of Coventry city centre.
Bayton Road Industrial Estate is a popular estate, which was developed in the 1960's and enjoys good road links, being approximately 1.5 miles north of junction 3 of the M6 motorway and in close proximity to the A444 Phoenix Way.
The property itself is accessed directly off Paragon Way, which lies just off Bayton Road. Nearby occupiers include Blue Ocean Seafoods Ltd, Jade Engineering (Coventry) Ltd, Coventry Engineering Group and jj Car Parts.
Coventry is located approximately 19 miles southeast of Birmingham and 11 miles north of Warwick, being well served by the A45 and A46 dual carriageways. It enjoys excellent communication links, being in close proximity to the M6, M69, M45 and M40 motorways.

Planning
Interested parties are advised to make their own enquiries with the Local Planning Authority.

Tenure
Freehold investment

Local Authority
Nuneaton & Bedworth Borough Council, Town Hall, 1952 Coton Road, Nuneaton, CV11 5AA - Tel: Rateable value
According to the Valuation Office Agency website, the rateable value of the property in the 2023 Rating List is £42,750.

Energy Performance Certificate
The property has an Energy Rating of d-86 valid until 21 August 2029.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Andrew Dixon and Co. 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 Andrew Dixon and Co for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. Coventry
  5. Bayton Road Industrial Estate
  6. Paragon Way