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Office - Investment - Earlsdon Park - Coventry

Earlsdon Park

Butts Road
Coventry, CV1 3BD

   

  • 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.

Description

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%.

Location

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.

Additional information

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.



Coventry is the second largest city in the West Midlands / Population of 329,810 / Former Technical College has a secure income for a further 11.6 years to Premier Inn / Department for Education Building is one of the best office buildings in the Coventry and Warwickshire area which is a BREEAM excellent building let to a single government occupier for an AWUT of 9.5 years / A rare opportunity to acquire a City Centre residential development site with existing consent for 210 residential units or include 50,000 sq ft of office accommodation.


Access
  • Parking : Not Known
  • Number of parking places : 0
  • Road: Birmingham City - 19 miles / London City - 98 miles / Nottingham City - 53 miles / Leicester City - 26 miles. Rail: Coventry 0.7 miles Travel Time to London 1h 3m / Bham Int 10 miles Travel Time to London 1h 13m / Leamington Spa 10 miles Travel Time to London 1 hr 12 mins. Airports: Birmingham - 11 miles / East Midlands - 40 miles / Luton - 67 miles.
  • Updated: 15/04/2015
    Reference: 758336
    Office: Investment, Freehold
    119,572  min
    200,000  max
    £25,000,000 6.50 % NIY
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    Your contact

    Mr Andrew Meikle
    9 Colmore Row
    B3 2BJ

    0121 237 1238

    Mr Oliver Forster
    9 Colmore Row
    B3 2BJ

    0121 237 1213

    Mr Simon Robinson
    9 Colmore Row
    B3 2BJ

    0121 237 1212

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