An industrial estate offering units and nine yards across nearly six acres is being marketed for sale by Warwickshire’s leading commercial property agents Bromwich Hardy.
A £4.4 million asking price has been set for the Home Farm site, off Oxford Road in Ryton on Dunsmore, south east of Coventry.
David Penn, a partner with Bromwich Hardy, said the 5.78 acre industrial investment currently generated income of £283,450 per annum but that could rise to £355,740 when it was fully let.
He said: “We are expecting considerable interest as the market is currently seeing considerable tenant demand for yard space and units. In addition, there is considerable opportunity for asset management to improve income.”
Home Farm offers nine yards, with a total built area – not including an apartment, static caravans and containers – of 14,941 sq ft. There are 21 industrial units – ranging in size from 1,893 sq ft to 203 sq ft, as well as six static caravans and 12 containers across the site.
Mr Penn said: “The units are mainly of steel frame construction with clad elevations and roofs, each incorporating a roller shutter loading door. Each has a separate power supply.
“Above units 1 and 2 is an extensive four-bedroom apartment, each room with en-suite.
“To the southern rear of the site are yard areas beyond an electronically operated security gate, all yards are laid to hardstanding and most are separately fenced.
Hall Farm sits off the A423 Oxford Road near the village of Ryton-on-Dunsmore approximately one mile south-east of the A45/A46 intersection known as Toll Bar island on the southern periphery of Coventry.
Coventry Airport, set to be the site of the UK's largest battery giga factory, and Prologis Park, are both a short distance away, while Middlemarch Industrial Estate and the Coventry & Warwickshire Gateway, currently under construction, are also close by.
For more details about the site, visit: https://www.bromwichhardy.com/property-search/property-details?id=3789&details=home-farm-oxford-road-ryton-on-dunsmore-coventry-cv8-3ep-industrial-investment.