Awarded ‘Outstanding Place of the Decade’ in the RegenWM National & Regional Awards 2010

Electric Wharf is at the heart of the continuing rejuvenation of Coventry, building on the success of the Phoenix Initiative in the city centre, the Canal Basin and the developing Swanswell regeneration projects.

The combination of commercial and residential makes Electric Wharf unique in the area. The live/work concept has been successfully proven and the spacious loft apartments with designated work areas and the restored and newly built office suites provide an opportunity to expand businesses at the same time as growing a community.

With easy access to the ring road and the motorway network Electric Wharf is ideally placed for businesses serving clients across the region and, being just a short walk from the city centre, has access to the wide range of bars, restaurants and retail facilities on offer.

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Awards

  • Insider Property Award West Midlands 2006

    Regeneration Project of the Year

  • Force Regeneration Award 2004

  • RICS West Midlands Regeneration Award 2007

  • Coventry Design Award

  • Creating the Future Finalist 2008

    The ASC Awards for Sustainable Communities

  • RegenWM Regional Awards 2010

    Outstanding place of the decade

Sales

Studio Apartments – Boiler House, First Floor

Property Size Floor Area Price
13 52m² £99,950

Eco Friendly Designer Townhouses – Cable Yard

Property Size Floor Area Price
9 3 bedrooms 99m² £179,950
10 3 bedrooms 99m² £175,000
23 4 bedrooms 109m² £189,950

Investment

Studio Apartments – Boiler House

Property Size Floor Area Rental Income Price
11¹ 2 bedrooms 56m² £7,040 £115,000
14¹ 4 bedrooms 78m² £13,552 £169,950
17¹ 3 bedrooms 66m² £10,164 £149,950

Eco Friendly Designer Townhouses – Cable Yard

Property Size Floor Area Rental Income Price
8¹ 3 bedrooms 99m² £11,400 £179,950
17¹ 4 bedrooms 109m² £12,600 £194,950
19² 4 bedrooms 109m² £10,800 £194,950
21¹ 4 bedrooms 109m² £12,600 £194,950
22² 4 bedrooms 109m² £10,800 £194,950
24² 4 bedrooms 109m² £11,400 £194,950
26² 3 bedrooms 99m² £10,200 £179,950
27² 3 bedrooms 99m² £10,200 £179,950

For further information on investment opportunities or sales please contact Laura Shortland on 024 7667 9990.

Commercial

Boiler House

Property Floor Area Car Parking Rent (Per Annum) Price
Ground Floor 186-651m² 26 spaces POA POA

Edison Buildings

Property Floor Area Car Parking Rent (Per Annum) Price
Unit 7 70m² 3 spaces £9,450 £115,000
Unit 8 70m² 3 spaces UNDER OFFER £115,000

Eco Offices

Property Floor Area Car Parking Rent (Per Annum) Price
Suite 1 54m² 2 spaces £7,950 £99,950
Suite 3 53m² 2 spaces £7,800 £98,000

Lease/Rental Terms

New effectively Full Repairing and Insuring leases are available for terms to be agreed.

Virtual Freehold

The premises are also available by way of a 150 year lease subject to a peppercorn ground rent. Please note that units are available in combination within the Boiler House and Eco Offices. Further details upon request.

Office Specification

Details of specification are provided on individual office inserts within the brochure. Please note that the specification for the Eco Offices now includes air conditioning.

Rates

Rateable values to be confirmed. Business Rate 2011/12 43.3 pence in the pound.

Service Charge

A service charge is payable in respect of maintenance for the common areas of the site.

Legal Costs

In the case of a new lease, the ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in the preparation and granting of the lease (please note that maximum contributions may be agreed) . In the case of long leasehold sales, each party will be responsible for their own legal costs incurred.

VAT

Shortland Penn + Moore stipulates that all rents, prices and service charges are stated exclusive of VAT which we understand will be payable.

Viewing

Further information or to arrange a viewing, please contact David Penn on 024 7623 2970 or by e-mail davidpenn@spmcommercial.com.

Subject to Contract

Although every care has been taken to ensure the accuracy of any information given, we reserve the right to amend or change this information dependent on legislation and availability. The content of the above does not form part of, constitute, represent or imply any warranty and does not form part of any contract.