Compact, well-specified office in award-winning Electric Wharf regeneration.
Self-contained 672 sq ft open-plan first-floor office
Set within the award-winning Electric Wharf regeneration, this self-contained first-floor office offers 672 sq ft of bright, open-plan workspace finished to a high standard. The suite includes a high-gloss fitted kitchen, small mezzanine for storage, Category 5 cabling, LED lighting and a wall-mounted heating/cooling system — ready for immediate occupation by a small business or as an income-producing asset.
Practical benefits include two allocated on-site parking spaces, keypad-controlled vehicular access, communal ground-floor toilets and excellent transport links into Coventry city centre via a new footbridge. The property has no flood risk, fast broadband potential and modern double glazing — sensible running-cost features for occupiers.
Buyers should note the tenure wording: records state a long leasehold interest of 129 years remaining with a peppercorn ground rent, although tenure is also listed as freehold. This material point requires clarification before purchase. The wider location is in a deprived area with average crime levels; that affects yield expectations and tenant mix. Potential business rates relief may be available to qualifying occupiers.
Offered at £135,000, the unit suits investors seeking a compact, well-specified office in a canal-side creative quarter or owner-occupiers wanting a turn-key small workspace. The building’s industrial brick character and riverside setting add attraction, while the practical considerations above should be factored into purchase due diligence.