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Land for sale

Harnall Lane West, Coventry
Land
Added < 7 days

Features and description

This is a unique opportunity to acquire a freehold commercial site with excellent income and development potential. Extending to approximately 273 square metres, the property is divided into four distinct units, providing a flexible layout suitable for a wide range of commercial or light industrial uses.

One unit is currently let to a long-standing tenant on a rolling basis at £650 per calendar month, generating £7,800 per annum in rental income. This provides an immediate return for the new owner, with the remaining three units offering scope for refurbishment, re-letting, or repurposing depending on strategy.

The site is unencumbered by existing planning permissions, making it particularly attractive for developers or investors seeking a clean-slate opportunity. There may be potential for reconfiguration, intensification of use, or complete redevelopment, subject to the necessary consents.

Whether you're looking for a secure income-producing asset with room for uplift, or a site to redevelop in the medium term, this property presents versatility, location benefits, and long-term growth potential.

1 unit currently let at £650pcm (£7,800 per annum)

3 vacant units - opportunity to increase income significantly

No current planning permission - clear scope for future development (STPP)

Located in a promising commercial area with strong rental demand

Immediate income from existing tenant

Potential for improved rental return with lease renegotiation or refurbishment

Blank canvas for planning/development proposals

Rare opportunity to secure a substantial site with existing infrastructure

Long-term capital appreciation potential

Viewings and Directions
Strictly by appointment only through the sole agent Fraser Stretton

Postcode for Sat Nav: CV1 4EY

Tenure: Freehold

Property information from this agent

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About this agent

Fraser Stretton - Leicester
Fraser Stretton - Leicester
15 Allandale Road Leicester LE2 2DA
0116 484 9432
Full profileProperty listings
Here at Fraser Stretton we employ the very best property experts who offer a bespoke service to meet our individual client’s needs. Our various departments are set up to ensure a specialist and bespoke service is provided for our clients various requirements. Fraser Stretton is a Multi Award Winning company who aim to excel through all their individual departments which are Sales, Lettings & Property Management, Prestige Homes, Auctions, New Home Sales and Land & Development. We are available seven days a week, either in-branch, over the phone, via our website or the property portals. Any communication you have with us is with real people. We develop relationships with our customers so they always know what’s happening. We tailor every marketing campaign to a customer’s requirements and we have access to quality marketing tools such as professional photography, video walk-throughs, drone video footage, 360 virtual property tours and 3D floorplans which brings a property to life on the screen. Our social media presence means the reach here can be exceptional across Instagram, Facebook and LinkedIn. At Fraser Stretton we have the very best, robust systems and services in place to make the journey with us as transparent and smooth as possible Good luck with your property journey. We are here to help you every step of the way.
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