P R O G R E S S C L O S E , L E O F R I C B U S I N E S S PA R K ,B I N L E Y I N D U S T R I A L E S TAT E , C O V E N T R Y, C V 3 2 T E

D E V E L O P M E N T L A N D W I T H O F F I C E P L A N N I N G C O N S E N T8 , 0 0 0 S Q . F T. ( 74 5 S Q . M . )

LOCATIONThe land is situated at Brandon Court and fronts Progress Close, which is at the end of Progress Way, Binley Industrial Estate. The property is adjacent to the A46 Coventry Eastern By-Pass for access to A45/M69/M6. Binley Business Park, Morrison’s and Warwickshire Shopping Park are within walking distance.

DEVELOPMENT & PLANNINGThe development land has a frontage to Progress Close of 26.5 m and a depth of 42.5 m.

Planning consent FUL/2018/638 was granted 13 November 2018 for the erection of a two-storey office building with pitched roof and associated parking for cars and cycles and a new access in accordance with approved documents.

The office building has a net internal area of 744 sq. m. (8,000 sq. ft.) over two floors and is designed with flexibility for single occupation, or occupation by floors/suites.

At the front of the proposed building are 12 Parking spaces and two disabled bays. At the rear of the building, approached from Brandon Court will be 15 parking spaces.

SERVICESMains services are available in Progress Close.

SALE & PRICEThe property is available to purchase freehold at a price in excess of £375,000, exclusive of VAT.

LEASE & RENTAlternatively, the owner will develop the building and layout parking, subject to prior agreement of lease terms. The lease will be for a minimum term of 10 years, drawn on full repair and insurance covenants.

Rent on application (exclusive of VAT).

LEGAL COSTSEach party to be responsible for their own legal costs including stamp duty.

ENQUIRIESMartyn Howard, Drake Howard Property LimitedTelephone 024 7645 0045 Email: martyn@drakehoward.co.uk

Planning consent outline