FOR SALE / TO LET Former Mazda, Suzuki and MG 655 London Road, Coventry CV3 4EX DUE TO RELOCATION CONTACT Edward Price +44 121 233 6417 | +44 7816 640 873 FOR SALE / TO LET [email protected] Ben Farwell CAR DEALERSHIP +44 121 233 6441 | +44 7814 294 325 655 LONDON ROAD, COVENTRY, CV3 4EX [email protected]
EXECUTIVE SUMMARY
• Multi-franchised car dealership facility
• Available from March 2021 due to relocation
• Prominent and highly accessible location fronting London Road and within close proximity of A45 and A46 interchange at Tollbar Island
• Established mixed use commercial / residential area
• 19,051 sq ft on a site of 1.01 acres
• Potential for a range of alternative uses (subject to planning)
• For Sale / To Let – our client is seeking freehold offers in excess of £1,500,000 and will consider leasehold offers (subject to covenant and lease terms) CONTACT CONTACT Edward Price +44 121 233 6417 | +44 7816 640 873 FOR SALE / TO LET [email protected] Ben Farwell CAR DEALERSHIP +44 121 233 6441 | +44 7814 294 325 655 LONDON ROAD, COVENTRY, CV3 4EX [email protected]
LOCATION
Coventry is located at the heart of the United Kingdom, and is the second largest city in the West Midlands. Birmingham is located 20 miles to the west and London is 95 miles to the south-east.
The property is situated on London Road, approximately 3 miles south-east of Coventry city centre.
The immediate surrounding area is predominantly residential in nature although the subject property forms part of a small cluster of three car dealerships in the immediate vicinity, with Volvo and Honda dealerships located opposite. CONTACT Edward Price +44 121 233 6417 | +44 7816 640 873 FOR SALE / TO LET [email protected] Ben Farwell CAR DEALERSHIP +44 121 233 6441 | +44 7814 294 325 655 LONDON ROAD, COVENTRY, CV3 4EX [email protected]
DESCRIPTION
The property comprises an established car dealership currently trading with the Mazda, Suzuki and MG brands.
The main showroom building is of a steel portal frame construction, with extensive glazing to the showroom areas. The adjacent MG showroom is of brick elevations with a parapet roof.
The property is well-presented, and provides well-specified showroom and ancillary accommodation to the front, with workshop and parts stores to the rear. There is office accommodation at mezzanine level and an additional rear mezzanine for parts storage.
The showroom has capacity to display ten cars. The workshop accommodation provides six vehicle bays accessed via two electric roller shutter doors.
The external areas are of tarmacadam surface and provide approximately 30 vehicle display spaces to the front with a further 70 storage spaces to the rear. CONTACT Edward Price +44 121 233 6417 | +44 7816 640 873 FOR SALE / TO LET [email protected] Ben Farwell CAR DEALERSHIP +44 121 233 6441 | +44 7814 294 325 655 LONDON ROAD, COVENTRY, CV3 4EX [email protected]
ACCOMMODATION
DESCRIPTION SQ M SQ FT Showroom, Office and Ancillary 530.0 5,705 Workshop 386.7 4,162 Parts 140.9 1,516 First Floor Offices 137.1 1,476 Parts Mezzanine 103.9 1,118 External Valet 31.9 343
MG Showroom 356.0 3,832 MG Workshop 83.5 899
Total 1,770 19,051 CONTACT Edward Price +44 121 233 6417 | +44 7816 640 873 FOR SALE / TO LET [email protected] Ben Farwell CAR DEALERSHIP +44 121 233 6441 | +44 7814 294 325 655 LONDON ROAD, COVENTRY, CV3 4EX [email protected]
FURTHER INFORMATION
Rateable Value Site Area Car Showroom and premises - £174,000. Interested parties are The site has an area of 1.01 acres. advised to contact the relevant billing authority to discuss rates payable.
Planning The location is an area administered by Coventry City Council. We recommend that interested parties make their own enquiries to the council regarding a potential change of planning use.
EPC An EPC certificate is currently being prepared, and will be available upon request.
VAT VAT may be payable on any transaction at the prevailing rate.
Terms For Sale / To Let – our client is seeking freehold offers in excess of £1,500,000 and will consider leasehold offers (subject to covenant and lease terms). CONTACT
Edward Price +44 121 233 6417 | +44 7816 640 873 [email protected] Ben Farwell +44 121 233 6441 | +44 7814 294 325 [email protected]
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