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76-78 Binley Rd 3,828 SF Retail Building Coventry CV3 1FQ $345,228 ($90.18/SF)
Investment Highlights
- Located in a prominent arterial route
- Excellent connections to the M6, M69 and M1 motorways via the A46
- Rear car parking area
Executive Summary
The property is offered for sale with a price guide of £250,000, subject to the occupational lease (business will be unaffected). The property is let to LM Funerals Limited with a passing rent of £15,000 per annum and the car park being let to the same on a separate lease at a rent of £500 per annum. Copies of the leases will be made available to verified applicants on a confidential basis
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Funeral Home
Building Size
3,828 SF
Building Class
C
Year Built
1965
Price
$345,228
Price Per SF
$90.18
Tenancy
Single
Building Height
3 Stories
Building FAR
1.37
Lot Size
0.06 AC
Parking
7 Spaces (1.83 Spaces per 1,000 SF Leased)
Frontage
20’ on Binley Road
Amenities
- Bus Line
- Commuter Rail
- Energy Performance Rating - C
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76-78 Binley Rd
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