Clifford House, Binley Road, Coventry, CV3 1JA

*** PRICE ON APPLICATION ***

Property Details: • Type: 8,568 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Prominent location presenting a key 'Gateway' into Coventry • Office block with conversion/redevelopment potential (STPP) • Vacant possession on completion • Existing building extends to approx. 8,568 sq ft (796 sqm) • Site area of 0.46 acres (0.19 ha) • Unconditional and conditional offers invited • Informal tender deadline of 12 noon 23 June 2023

Location: • Nearest Station: Coventry Station • Distance to Station: 1.1 miles

Agent Information: • Address: 65 Gresham Street, London, EC2V 7NQ

Full Description: DescriptionFreehold property with excellent transport links Approx. 0.46 acres (0.19 ha) Suitable for a variety of uses, including Residential or PBSA (STPP) Established residential area Clifford House is a two-storey end of terrace building, currently comprising four offices, each with their own street entrance. The property located on Binley Road, providing a key 'Gateway' into Coventry. The property is situated close to the roundabout which connects Binley Road, Jimmy Hill Way (A444) and Humber Road (B4110). A cycle lane runs to the front of the property.The property appears to be brick with a stone façade and a pitched tiled roof. To the rear is a tarmacadam car park with c. 35 spaces and an additional single-storey office building.We understand from the Energy Performance Certificates that the building extends to 8,568 sq ft (796 sqm). The property is set in approximately 0.46 acres (0.19 ha). The property has the benefit of positive pre-application advice, with the Council supportive of the property being redeveloped as a 'Gateway' siteLocationThe property is located on the corner of Binley Road, providing a key 'Gateway' into Coventry city centre. The property is situated next to the roundabout which connects Binley Road, Jimmy Hill Way (A444) and Humber Road (B4110). Binley Road provides access to the City's Ring Road (A4053), less than 1 mile to the west while the A444 leads to Burton upon Trent, via Nuneaton.ViewingsAll parties wishing to inspect the property are required to make prior arrangements with Avison Young.Avison Young request that interested parties do not attempt to gain access to the property outside of accompanied viewing inspections. We would request discretion in the event interested parties undertake any roadside inspections of the property.EPCAn Energy Performance Certificate dated 9th January 2018 shows a rating of D-90.Services and PlanningThe Local Planning Authority is Coventry City Council with planning policies contained within the Coventry Local Plan (2011-2031).The current planning use is Commercial, Business & Service (E) however the vendor has had pre-application advice from the local authority which is broadly positive for the development of student accommodation at the site. Architects' plans are available in the data room showing two potential schemes comprising the following: Redevelopment to form 80 residential apartments Redevelopment to form 186-bed student accommodation The property may also suit conversion of the existing buildings. Floor plans are included within the data room of the existing accommodation.Please note that the redevelopment plans are for illustrative purposes only and that no planning permission is currently in place for the conversion/redevelopment of the property. We recommend that all interested parties carry out their own due diligence and enquiries of Coventry City Council to determine potential schemes at the site.