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Albany Road, Earlsdon, Coventry, CV5 6JR

Offers in Excess of
£750,000

£68.87 per sq ft

Business rates & charges may apply

Holt Commercial, Coventry
SIZE AVAILABLE

10,890 sq ft

1,012 sq m

SECTOR

Commercial development for sale

Description

Location
Earlsdon is one of the most popular and affluent areas of Coventry, one mile, or 20 minutes walk, from the City Centre. The development site is less than half a mile from the neighbourhood shopping, leisure and commercial focal point at Earlsdon Street.

Albany Road is an arterial route from the City Ring Road to Earlsdon with frequent bus services. The road, and nearby footpath through Spencer Park provide pedestrian routes to Coventry Mainline Station, 15 minutes walk.

Albany Theatre, Albany Student Village (under construction) Earlsdon Park Retirement Village, Ramada Hotel and the well-known City Arms public house are all close by.

The Site
The site is roughly rectangular in shape with a gentle upwards slope front to the rear. The frontage to Albany Road is 31.0 m and return frontage to Winifred Avenue is 33.5 m.

Electric, gas and water service are on site. Supplies disconnected and capped.

Planning Consent
Consent FUL/2018/3286 was granted March 2019 for demolition of buildings and development of 15 one-bedroomed flats, parking, cycle and bin storage, landscaping and associated works. A Lawful Development application is to be submitted to Coventry Planning to Lock in the approval.

Callingham Architect Drawings 1071 referred to in the consent are available on request.

The scheme is an attractive design corner octagonal shaped tower fronting Albany Road and archway entrance to a parking courtyard and 19 marked spaces. Flat areas are between 51 and 76 sq m.

There is potential for redesign of the development to 18 one-bedroomed flats, subject to planning permission.

Price
Offers in excess of £750,000 for the freehold interest.
The purchase price is exclusive of any VAT to be levied.

Legal Costs
Each party will be responsible for their own legal costs including stamp duty and VAT payable thereon.

Brochures

Albany Road, Earlsdon, Coventry, CV5 6JR

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Coventry Station0.5 miles
  • Canley Station0.9 miles
  • Tile Hill Station3.0 miles

About Holt Commercial, Coventry

16 Warwick Row, Coventry, CV1 1EJ

Notes

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