02476 450045

www.drakehoward.co.uk Email: office@drakehoward.co.uk

PROGRESS WAY, BINLEY INDUSTRIAL ESTATE, COVENTRY, CV3 2NT

WORKSHOP & OFFICES 3,910 SQ. FT. (363 SQ. M.) MEZZANINE 450 SQ. FT. (42 SQ. M.)

• Adjacent to A46 Eastern By-Pass• Excellent Access to M69/M6 & A45/M45

• Modernised Accommodation• Substantial Three-Phase Power Supply

• Secure Yard

WORKSHOP PREMISES AND YARDTO LET

02476 450045

LocationThe property is situated on the South side of Progress Way, a turning off Herald Way. Binley Industrial Estate is ideally positioned adjacent to the A46 Coventry eastern by-pass for dual carriageway access to the M69 & M6 motorways for the North and the A45 & M45 for Birmingham & London. Coventry City Centre is 4 miles distance.

DescriptionThe property has a single bay steel framed workshop with an eaves height of 11 ft. 6 in. (3.5 m), with brick cavity walls and an insulated corrugated concrete/asbestos sheet roof, incorporating fibreglass roof lights. A single-storey front office block extension and high-bay side workshop are later additions, with mineralised felt covered flat roofs. The property was modernised several years ago, opening up internal walls, fitting new toilets and kitchen/staff room, gas central heating and double glazing to the offices, space heating and high bay lighting in the workshop. Loading access is via front (4.25 m x 3.75 m height) and rear (3.65 m x 3.20 m height) roller shutter doors and the yard is secured by palisade fencing and a steel gate.

Accommodation Sq ft Sq M

Ground Floor Workshops & Offices 3,910 364 Mezzanine Stores 450 42

Gross Internal Area 4360 406

There are 6 parking spaces on the forecourt. The rear yard measures 70 ft. (21 m) width x 115 ft. (35 m) depth.

ServicesAll mains services are connected to the property. The workshop is heated by a Powrmatic gas fired space heater 300,000 Btu output and the offices by radiators served by an Ideal Independent C24 Combi-boiler. Three phase electric 240 Amp (720 Volt) is connected and distributed.

LeaseThe property is available by way of a new full repairing and insuring lease for a minimum period of 5 years.

Rent£29,500 per annum payable quarterly in advance, exclusive of VAT.

VATThe option to levy VAT will be reserved in the lease, but is not charged on the rent and buildings insurance at this time.

Business RatesRateable Value £18,000.Business rates payble 2019/20 £9,072

Legal CostsThe ingoing tenant will be responsible for their own legal costs, including any stamp duty and Vat.

www.drakehoward.co.uk Email: office@drakehoward.co.uk

02476 450045

www.drakehoward.co.uk Email: office@drakehoward.co.uk

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Strictly by Appointment with the agent:

DRAKE HOWARD PROPERTY LTD4 Leofric CourtProgress WayBinleyCoventryCV3 2NT

Martyn Howard 02476 450045 martyn@drakehoward.co.uk