£875,000

Industrial for sale

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Just added
Freehold

Offers over

£875,000

(£85.13/sq. ft)

Industrial for sale

Alvis Works, Common Lane Industrial Estate, Common Lane, Kenilworth CV8

10,278 sq. ft

Local area information

Property location

Nearby amenities

  • Park Hill Junior School 0.5 miles
  • Kenilworth School and Sixth Form 0.6 miles
  • Kenilworth 1.1 miles
  • Canley 3.1 miles

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

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

Features and description

  • Freehold
  • 8 units
  • Popular industrial location
  • Long-standing tenants
  • Flexible leases (tenancy schedule on request)
  • Rent roll of £40,950 per annum
  • Large potential for rental growth
  • Major development potential
Description

Alvis Works comprises a scheme of small industrial units plus one office building. The units are fully let, bringing in an annual rent roll of £40,950 and many of the tenants have occupied the estate for a number of years. The office building is located at the front of the estate, parallel to the estate road, with the remaining units being behind. The site benefits from a large car park in the centre of the estate, which provides ample parking for the occupiers. The units are exempt from EPCs and the exemption certificates are available on request.

Location

Kenilworth is a popular industrial location, suffering from a lack of available units, particularly at the smaller end of the market. Common Lane Industrial Estate is a long-established business location, home to numerous reputable occupiers, and has been the home of the Alvis Car Company for many years. The estate is surrounded by residential areas.

Viewings

By appointment with Bromwich Hardy.

Terms

Available freehold under Title WK7276. Register and Title Plan available on request. The two parking spaces highlighted red on the main image are to be leased back to the vendor at a peppercorn rent.

More information

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

  1. Zoopla
  2. Commercial for sale
  3. Warwickshire
  4. Kenilworth
  5. Common Lane