Land For Sale £9,999
Freehold 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
Location Highlights
The 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.
EPC
An Energy Performance Certificate dated 9th January 2018 shows a rating of D-90.
Services and Planning
The 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.
Viewing
All 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.
Approx. 0.46 acres (0.19 ha)
Suitable for a variety of uses, including Residential or PBSA (STPP)
Established residential area
Location Highlights
The 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.
EPC
An Energy Performance Certificate dated 9th January 2018 shows a rating of D-90.
Services and Planning
The 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.
Viewing
All 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.
