Coventry and its surrounding area’s have long been known as the workshop of Britain. Jaguar Land Rover is based here along with many of it's suppliers. Coventry therefore offers a local workforce who is skilled from an engineering background making this an ideal location for heavy industry or modern mechanics.
Coventry Industrial Property
Industrial property has been built in Coventry since the turn of the century and now provides a rich selection of second hand commercial property for sale or rent. Nearby is MIRA, which today provides testing facilities for motor vehicles and specialist R&D infrastructure on an 850 acre site with Enterprise Zone status.
Coventry Logistics Property
Due to its excellent transportation links Coventry is also an ideal distribution hub. Immediate access to both the M6 and the M69 make this a suitable point to situate a national business. There is a choice of sheds in the area.
Property Development in Coventry
Developments like the office led 37 acre Friargate scheme (adjacent to the railway station), the £60 million Bishopgate retail and leisure devlopment of the former post office site and the £300 million mixed use city centre south development, will cater for the growth of this Motor city.
Around the site of Coventry Airport, a £250 million development of a 741 acre site known as the Coventry Warwickshire Gateway will create a Technology and Manufacturing / Distribution park using public and private investmnet funding.
Stoneleigh Park's 423 hectares (1,047 acres) estate by the A46 will be transfomed by a £50 million investment into a Science & Technology Park for rural and land-based businesses.
Leisure and Hospitality Property in Coventry
Because of the strong local economy Guest houses in Coventry have a good supply of visitors requiring accommodation.
Thinking about the factors that you require carefully before starting a search for commercial property can save you time and effort. You maximum purchase price or rental value will be dictated by the amount the business can comfortably and realistically support, not just in the short term, but perhaps up to five or ten years in the future. In most cases these few points would be worth considering, but there are usually plenty of other valid points that should also be considered on a case-by-case basis before you actually make an offer on a commercial property.