Summary - HOME FARM, OXFORD ROAD CV8 3EP
1 bed 1 bath Land
Freehold 5.78-acre industrial yard with multi-unit space, strong income and redevelopment potential near major logistics hubs..
Current income £283,450 pa with ERV £355,740 pa
This freehold site at Home Farm extends to 5.78 acres (2.34 ha) of multi-use yard, storage and steel-framed industrial units. The estate includes an extensive four-bedroom apartment above Units 1 & 2, multiple clad warehouses with roller-shutter doors, separate power supplies to units and secure, hardstanding yard areas behind an electronically operated gate.
The property currently produces £283,450 pa with a reversionary rental value (ERV) of £355,740 pa, offering clear asset-management and rental-upside opportunities. There is considerable tenant demand for yard space in this location, driven by nearby logistics and industrial developments including Prologis Park and the Coventry and Warwickshire Gateway. Access is directly off the A423 Oxford Road, approximately one mile from the A45/A46 Toll Bar island.
Construction is predominantly steel frame with clad roofs and elevations; each unit has independent services and loading doors. The yard areas are largely fenced and laid to hardstanding, suitable for open storage, caravan or container storage, and multi-let industrial use. The site sits in a rural, green setting adjacent to woodlands, with excellent mobile signal and fast broadband.
Material points to note: buildings are clad steel-frame construction which may limit some change-of-use options and could require refurbishment to meet specific occupier needs. The sale is as freehold land and buildings, with an existing income profile and clear opportunities for active asset management or redevelopment for a logistics operator or open-storage specialist.
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