FOR SALE / TO LET Former Mazda, Suzuki and MG 655 London Road, Coventry CV3 4EX - Rightmove

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FOR SALE / TO LET Former Mazda, Suzuki and MG 655 London Road, Coventry CV3 4EX - Rightmove
FOR SALE / TO LET
Former Mazda, Suzuki and MG
655 London Road, Coventry CV3 4EX
DUE TO RELOCATION
FOR SALE / TO LET Former Mazda, Suzuki and MG 655 London Road, Coventry CV3 4EX - Rightmove
FOR SALE / TO LET
                                                                   CONTACT   Edward Price
                                                                             +44 121 233 6417 | +44 7816 640 873
                                                                             ed.price@knightfrank.com

CAR DEALERSHIP                                                               Ben Farwell
                                                                             +44 121 233 6441 | +44 7814 294 325
                                                                             ben.farwell@knightfrank.com
655 LONDON ROAD, COVENTRY, CV3 4EX

EXECUTIVE SUMMARY

•   Multi-franchised car dealership facility

•   Available from March 2021 due to relocation

•   Prominent and highly accessible location fronting
    London Road and within close proximity of A45 and A46
    interchange at Tollbar Island

•   Established mixed use commercial / residential area

•   19,051 sq ft on a site of 1.01 acres

•   Potential for a range of alternative uses (subject to
    planning)

•   For Sale / To Let – our client is seeking freehold offers in
    excess of £1,500,000 and will consider leasehold offers
    (subject to covenant and lease terms)
FOR SALE / TO LET Former Mazda, Suzuki and MG 655 London Road, Coventry CV3 4EX - Rightmove
CONTACT

FOR SALE / TO LET
                                                                   CONTACT   Edward Price
                                                                             +44 121 233 6417 | +44 7816 640 873
                                                                             ed.price@knightfrank.com

CAR DEALERSHIP                                                               Ben Farwell
                                                                             +44 121 233 6441 | +44 7814 294 325
                                                                             ben.farwell@knightfrank.com
655 LONDON ROAD, COVENTRY, CV3 4EX

LOCATION

Coventry is located at the heart of the United Kingdom, and is
the second largest city in the West Midlands. Birmingham is
located 20 miles to the west and London is 95 miles to the
south-east.

The property is situated on London Road, approximately 3
miles south-east of Coventry city centre.

The immediate surrounding area is predominantly residential
in nature although the subject property forms part of a small
cluster of three car dealerships in the immediate vicinity, with
Volvo and Honda dealerships located opposite.
FOR SALE / TO LET Former Mazda, Suzuki and MG 655 London Road, Coventry CV3 4EX - Rightmove
FOR SALE / TO LET
                                                                 CONTACT   Edward Price
                                                                           +44 121 233 6417 | +44 7816 640 873
                                                                           ed.price@knightfrank.com

CAR DEALERSHIP                                                             Ben Farwell
                                                                           +44 121 233 6441 | +44 7814 294 325
                                                                           ben.farwell@knightfrank.com
655 LONDON ROAD, COVENTRY, CV3 4EX

DESCRIPTION
The property comprises an established car dealership currently
trading with the Mazda, Suzuki and MG brands.

The main showroom building is of a steel portal frame
construction, with extensive glazing to the showroom areas.
The adjacent MG showroom is of brick elevations with a
parapet roof.

The property is well-presented, and provides well-specified
showroom and ancillary accommodation to the front, with
workshop and parts stores to the rear. There is office
accommodation at mezzanine level and an additional rear
mezzanine for parts storage.

The showroom has capacity to display ten cars. The workshop
accommodation provides six vehicle bays accessed via two
electric roller shutter doors.

The external areas are of tarmacadam surface and provide
approximately 30 vehicle display spaces to the front with a
further 70 storage spaces to the rear.
FOR SALE / TO LET Former Mazda, Suzuki and MG 655 London Road, Coventry CV3 4EX - Rightmove
FOR SALE / TO LET
                                                     CONTACT   Edward Price
                                                               +44 121 233 6417 | +44 7816 640 873
                                                               ed.price@knightfrank.com

CAR DEALERSHIP                                                 Ben Farwell
                                                               +44 121 233 6441 | +44 7814 294 325
                                                               ben.farwell@knightfrank.com
655 LONDON ROAD, COVENTRY, CV3 4EX

ACCOMMODATION

DESCRIPTION                      SQ M      SQ FT
Showroom, Office and Ancillary     530.0     5,705
Workshop                           386.7     4,162
Parts                              140.9     1,516
First Floor Offices                137.1     1,476
Parts Mezzanine                    103.9     1,118
External Valet                      31.9      343

MG Showroom                        356.0     3,832
MG Workshop                         83.5      899

Total                              1,770    19,051
FOR SALE / TO LET Former Mazda, Suzuki and MG 655 London Road, Coventry CV3 4EX - Rightmove
FOR SALE / TO LET
                                                                      CONTACT      Edward Price
                                                                                   +44 121 233 6417 | +44 7816 640 873
                                                                                   ed.price@knightfrank.com

CAR DEALERSHIP                                                                     Ben Farwell
                                                                                   +44 121 233 6441 | +44 7814 294 325
                                                                                   ben.farwell@knightfrank.com
655 LONDON ROAD, COVENTRY, CV3 4EX

FURTHER INFORMATION
Rateable Value                                                          Site Area
Car Showroom and premises - £174,000. Interested parties are            The site has an area of 1.01 acres.
advised to contact the relevant billing authority to discuss rates
payable.

Planning
The location is an area administered by Coventry City Council.
We recommend that interested parties make their own enquiries
to the council regarding a potential change of planning use.

EPC
An EPC certificate is currently being prepared, and will be
available upon request.

VAT
VAT may be payable on any transaction at the prevailing rate.

Terms
For Sale / To Let – our client is seeking freehold offers in excess
of £1,500,000 and will consider leasehold offers (subject to
covenant and lease terms).
FOR SALE / TO LET Former Mazda, Suzuki and MG 655 London Road, Coventry CV3 4EX - Rightmove
CONTACT
Edward Price
+44 121 233 6417 | +44 7816 640 873
ed.price@knightfrank.com
Ben Farwell
+44 121 233 6441 | +44 7814 294 325
ben.farwell@knightfrank.com

 IMPORTANT NOTICE
 Particulars: These particulars are not an offer or contract, nor part of one. Any information about price or value contained in the particulars is provided purely as guidance, it does not constitute a formal valuation and should
 not be relied upon for any purpose. You should not rely on statements by Knight Frank in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property, its condition or its value.
 Neither Knight Frank LLP nor any joint agent has any authority to make any representations about the property. No responsibility or liability is or will be accepted by Knight Frank LLP, seller(s) or lessor(s) in relation to the
 adequacy, accuracy, completeness or reasonableness of the information, notice or documents made available to any interested party or its advisers in connection with the proposed transaction. All and any such responsibility
 and liability is expressly disclaimed.
 Photos, Videos etc: The photographs, images, property videos and virtual viewings etc. show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are
 approximate only.
 Regulations: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by
 inspection or in other ways that these matters have been properly dealt with and that all information is correct.
 VAT: The VAT position relating to the property may change without notice.
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 establish the identity and source of funds of all parties to property transactions.
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 [Particulars dated [December 2020]. Photographs and videos dated [February 2019].
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