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Development opportunity with vacant possesion

Coventry, United Kingdom

71%

Offers invited

Mixed use

#16085

Value-Add, Opportunistic

2 Nov 2024

Property Details

Broker

Deactivated

8.25 acres

freehold site

0

Freehold

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

Offers are invited for a purchase of the freehold interest (on either an unconditional basis or subject to planning basis). 8.25 acre (3.34 hectare) freehold site. 3 miles from Junction 3 and 4 miles from Junction 2 of the M6. 72,091 sq ft purpose-built foodstore with petrol filling station and 407 space customer car park formerly occupied by Sainsbury’s. Highly prominent position fronting onto the A444 and opposite Gallagher Retail Park. Surrounding occupiers include the Range and Selco. The site offers potential for redevelopment for a variety of uses including industrial and residential. Available with vacant possession from March 2023. The property, built in the late 1980’s, comprises a purpose built former-foodstore with adjacent petrol filling station totalling approximately 72,091 sq ft at arranged over ground floor only.