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Holt Commercial Complete Significant Industrial Coventry Sale

A large industrial property in Coventry has been sold for over £1.5 million, further proving confidence in the West Midlands city.

The 15,673 sq ft premises in Torrington Avenue was purchased by an unnamed expanding company within Coventry.

Commenting on the sale, Chris Hobday, Associate at Holt Commercial, said: “There is still a shortage of good quality industrial premises across the area which means interest and demand in units such as this remains strong and in turn prices, as seen here are being pushed upwards

“In this instance, it was a rare opportunity for a company to acquire the freehold interest in a detached industrial property complete with [a] sizeable yard which made it a very attractive proposition.”

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