No longer on the market
This property is no longer on the market
Map
Area statsResidential development
Residential development
2566
Features and description
RESIDENTIAL INVESTMENT
Freehold residential investment opportunity in Coventry with long-term income.
The property measures 2,656 sqft and is currently let to an Ofsted registered supported living provider.
The lease term is 25 years from August 2021 with rent reviews every 5 years. The tenants are currently paying £57,600 per annum and have a break clause in 2036 (7.7% yield).
The bricks and mortar value of the building based on comparables is in the region of £900,000 (£350/sqft).
The property is held in an SPV which can be bought to save on SDLT.
Viewings are strictly by appointment only and offers are encouraged.
Freehold residential investment opportunity in Coventry with long-term income.
The property measures 2,656 sqft and is currently let to an Ofsted registered supported living provider.
The lease term is 25 years from August 2021 with rent reviews every 5 years. The tenants are currently paying £57,600 per annum and have a break clause in 2036 (7.7% yield).
The bricks and mortar value of the building based on comparables is in the region of £900,000 (£350/sqft).
The property is held in an SPV which can be bought to save on SDLT.
Viewings are strictly by appointment only and offers are encouraged.
Property information from this agent
Area statistics
Crime score
Low crime
3/10
About this agent
Whozoo is a leading commercial and development agency, offering expert property services across the UK. With a deep understanding of the market, we help clients navigate every stage of the commercial property process, from acquisition and disposal to development and investment. Our nationwide reach ensures that businesses, developers, and investors receive tailored solutions that align with their goals and maximize their property's potential. At Whozoo, we are dedicated to delivering the highest quality service, combining industry expertise with innovative strategies to drive exceptional results. We leverage cutting-edge marketing techniques, data-driven insights, and a proactive approach to ensure every property achieves maximum exposure and value. Our commitment to professionalism, transparency, and client success sets us apart in the industry. Whether you are looking to buy, sell, or develop commercial property, Whozoo provides a seamless, results-driven experience designed to help you unlock new opportunities and achieve your objectives.