A Freehold Property Of Approx. 19,111 Sq Ft
Enterprise-rent-a-car, Lockhurst Lane, Coventry CV6 5NY
£950,000 22 July 2025
GUIDE PRICE AUCTION DATE
High Yielding Retail Investment A freehold property Approx. 19,111 sq ft (0.438 acres) Prominent corner position on busy arterial road Comprising office buildings and yard for parking vehicles Let to Enterprise on a 20 year FRI lease from 2024 Rent reviews every 5 years The lease is outside the Landlord and Tenant Act 1954 The tenant is committing over £400,000 of works to redevelop the site Further development potential (subject to requisite consents) Investment let at £70,000 per annum (7.36% on guide price)
Lockhurst Ln, CV6 5NY
Guide Price
£950,000
Auction Date
22 Jul 2025
Time
09:00
Lot
499
Venue
Online
Auctioneer
Savills
Savills
33 Margaret Street, London, W1G 0JD
+44 7974 372 499
About Savills

Savills is a leading global real estate service provider. As auctioneers with over a century of combined experience and tens of thousands of successful sales, Savills has the expertise to give the right advice for the current market.