Enterprise Rent-a-car, Lockhurst Lane, Coventry

This freehold property offers a substantial footprint of approximately 19,111 sq ft (0.438 acres), comprising office spaces, a commercial wash bay, and an expansive parking yard. Currently leased to Enterprise on a secure 20-year FRI arrangement starting in 2024, with scheduled rent reviews every five years, it generates an annual rental income of £70,000, yielding a notable return on investment at 7.36%. Located on Lockhurst Lane at its junction with Kingfield Road, the property is positioned in a vibrant commercial district that benefits from high visibility along this busy arterial route into Coventry City Centre. The site is surrounded by a mix of residential and commercial developments, including nearby establishments like HiQ Autocentre and BP/Morrison. With excellent transport links to the A444 and M6 just 2½ miles away, the potential for future value enhancement through strategic renovations or reconfiguration is evident, particularly given its prime location.