38-44 Binley Rd | Coventry CV3 1JA
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38-44 Binley Rd
Coventry CV3 1JA
Clifford House · Office Property For Sale
Investment Highlights
- Potential Residential/PBSA Development Opportunity (STP)
- Excellent transport links
- Well located
Executive Summary
Clifford House is a two-storey end of terrace building, currently comprising four offices, each with their own street entrance. The property located on Binley Road, providing a key ‘Gateway’ into Coventry. The property is situated close to the roundabout which connects Binley Road, Jimmy Hill Way (A444) and Humber Road (B4110). A cycle lane runs to the front of the property. The property appears to be brick with a stone façade and a pitched tiled roof. To the rear is a tarmacadam car park with c. 35 spaces and an additional single-storey office building. We understand from the Energy Performance Certificates that the building extends to 8,568 sq ft (796 sqm). The property is set in approximately 0.46 acres (0.19 ha). The property has the benefit of positive pre-application advice, with the Council supportive of the property being redeveloped as a ‘Gateway’ site.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Tenure
Freehold
Building Size
6,542 SF
Building Class
C
Year Built
1980
Price
$1,460,400
Price Per SF
$223
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,181 SF
Building FAR
0.41
Lot Size
0.37 AC
Parking
33 Spaces (5.04 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Storage Space
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