Property photos
Just added
Freehold
£500,000
Land for sale
Harnall Lane West, Coventry CV1Local area information
Property location
Nearby amenities
- Eden Girls' School Coventry 0.2 miles
- Sidney Stringer Academy 0.3 miles
- Coventry 1.1 miles
- Canley 2.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Coventry to find out more about the local area.
Features and description
- Freehold
Description
This is a unique opportunity to acquire a freehold commercial site with excellent income and development potential. Extending to approximately 273 square metres, the property is divided into four distinct units, providing a flexible layout suitable for a wide range of commercial or light industrial uses.
One unit is currently let to a long-standing tenant on a rolling basis at £650 per calendar month, generating £7,800 per annum in rental income. This provides an immediate return for the new owner, with the remaining three units offering scope for refurbishment, re-letting, or repurposing depending on strategy.
The site is unencumbered by existing planning permissions, making it particularly attractive for developers or investors seeking a clean-slate opportunity. There may be potential for reconfiguration, intensification of use, or complete redevelopment, subject to the necessary consents.
Whether you're looking for a secure income-producing asset with room for uplift, or a site to redevelop in the medium term, this property presents versatility, location benefits, and long-term growth potential.
1 unit currently let at £650pcm (£7,800 per annum)
3 vacant units - opportunity to increase income significantly
No current planning permission - clear scope for future development (STPP)
Located in a promising commercial area with strong rental demand
Immediate income from existing tenant
Potential for improved rental return with lease renegotiation or refurbishment
Blank canvas for planning/development proposals
Rare opportunity to secure a substantial site with existing infrastructure
Long-term capital appreciation potential
Viewings and Directions
Strictly by appointment only through the sole agent Fraser Stretton
Postcode for Sat Nav: CV1 4EY
Tenure: Freehold
This is a unique opportunity to acquire a freehold commercial site with excellent income and development potential. Extending to approximately 273 square metres, the property is divided into four distinct units, providing a flexible layout suitable for a wide range of commercial or light industrial uses.
One unit is currently let to a long-standing tenant on a rolling basis at £650 per calendar month, generating £7,800 per annum in rental income. This provides an immediate return for the new owner, with the remaining three units offering scope for refurbishment, re-letting, or repurposing depending on strategy.
The site is unencumbered by existing planning permissions, making it particularly attractive for developers or investors seeking a clean-slate opportunity. There may be potential for reconfiguration, intensification of use, or complete redevelopment, subject to the necessary consents.
Whether you're looking for a secure income-producing asset with room for uplift, or a site to redevelop in the medium term, this property presents versatility, location benefits, and long-term growth potential.
1 unit currently let at £650pcm (£7,800 per annum)
3 vacant units - opportunity to increase income significantly
No current planning permission - clear scope for future development (STPP)
Located in a promising commercial area with strong rental demand
Immediate income from existing tenant
Potential for improved rental return with lease renegotiation or refurbishment
Blank canvas for planning/development proposals
Rare opportunity to secure a substantial site with existing infrastructure
Long-term capital appreciation potential
Viewings and Directions
Strictly by appointment only through the sole agent Fraser Stretton
Postcode for Sat Nav: CV1 4EY
Tenure: Freehold
More information
Listed by
Fraser Stretton
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Property descriptions and related information displayed on this page are marketing materials provided by - Fraser Stretton. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Fraser Stretton for full details and further information.