Tom Bromwich, managing partner at Bromwich Hardy, explained that until recently the site housed Powell Manufacturing Co (Coventry) Ltd, a specialist firm of toolmakers and precision engineers.
Mr Bromwich said: “This is a rare opportunity to acquire well-established freehold industrial manufacturing facility situated in a longstanding commercial area of Coventry.
“The detached, purpose-built industrial unit has adjoining office accommodation, a secure yard space and on-site parking.
“This steel portal frame construction with brick and block elevations features a double-pitched roof with translucent skylights, providing excellent natural light to the workshop and production areas.
“The main factory floor is an open-plan manufacturing space with reinforced concrete flooring, high internal eaves height and access via large roller shutter doors.
“This would be ideal for a variety of uses and equipment, including heavy industrial use such as machining, toolmaking and fabrication.
“The property also provides a two-storey office block with a reception area, private offices, meeting rooms, toilets, kitchen and changing areas, all with central heating, carpet flooring and suspended ceilings.
“The building sits on a secure, self-contained site with gated access from Cromwell Street and includes a dedicated service yard and loading area suitable for articulated vehicles and container deliveries, plus allocated staff and visitor parking.
“This property offers excellent potential for continued industrial use, owner-occupiers, investors or redevelopment, subject to planning permission.”
Cromwell Street is within three miles of the M6, M69 and M1 motorways, and just a short drive away from Coventry railway station.
The surrounding area features a mix of light industrial, engineering, warehousing and trade counter occupiers.