Oak Tree Rd | Coventry CV3 2RR
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Oak Tree Rd
Coventry CV3 2RR
Retail Property For Sale
Investment Highlights
- Extremely rare opportunity to acquire a vehicle dealership investment in this location
- Highly prominent location on the Northbound A46 leading to M6 and M69 Motorways
- Opportunity to redevelop / alternative uses subject to planning
Executive Summary
We are instructed to seek offers in excess of £2,500,000 for the purchase of the shares of the company holding the asset. This is a single asset company. This reflects a net initial yield of 5% after allowing for purchasers costs associated with a share purchase.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Auto Dealership
Building Size
6,691 SF
Building Class
B
Year Built
2000
Price
£2,500,000
Price Per SF
£374
Net Initial Yield
5%
NOI
£125,000
Tenancy
Single
Number of Floors
2
Building FAR
0.09
Lot Size
1.75 AC
Parking
90 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Storage Space
1 of 16
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