Office - Investment - Earlsdon Park - Coventry
- A major Coventry City Centre mixed use opportunity, with a large proportion of secure 10 year income and asset management opportunities.
- Tenants include Department for Education and Premier Inn.
- The three elements include a BREEAM excellent office building, a former Technical College with opportunities for offices, student accommodation or residential and two consented residential development sites.
The investment sale is a Coventry City Centre mixed use development with a number of opportunities to add value with a large amount of 10 year core income. The site is just a 12 minute walk from Coventry Railway Station. We are instructed to seek offers in excess of £25,000,000 (Twenty Five Million Pounds) for the freehold interest in Earlsdon Park, subject to contract and purchasers costs at 5.8%.
The scheme is highly accessible on the edge of Coventry City Centre, within a 5 minute walk of Coventry Railway Station and offers significant prominence onto the B4101. Earlsdon Park is dominated by the 1935, non-classical former Technology College, although it is also notable for blending this historic building with the ultra-modern BREEAM excellent office next door, built for the Development for Education in 2009. Earlsdon Park is situated on Butts Road (B4101), close to its junction with the Coventry Ring Road (A4053) on the western side of the City Centre. The scheme is approximately 12 minutes walk, 0.7 miles north west of Coventry Railway station.
A data site has been prepared which includes a full legal pack of information including building surveys, measured surveys and planning documentation is available upon request from BNP Paribas Real Estate.