Market Leads & Opportunities

Building at Coventry business park earmarked for Sikh secondary school following £3.6m sale

Source: http://www.thebusinessdesk.com/

A 26,000 sq ft building at a business park in Coventry is to be converted into a Sikh secondary school after being bought in a £3.6m deal.Eden House at Walsgrave Business Park, a two storey building, has been acquired by the Education and Skills Funding Agency (ESFA), an executive body accountable for funding and provision of education and skills.This is the latest in a recent flurry of sales and lettings activity in the Midlands out of town market, with the Coventry and Warwickshire areas proving particularly popular, says property firm GVA, which acted on the Eden House sale for vendor Business Village.GVA has recently been instructed to market two office buildings at Coventry’s Westwood Business Park, with 34,000 sq ft at Welland House and 22,000 sq ft at 3, The Oaks.There is also significant demand from occupiers seeking accommodation in the Coventry and Warwickshire area, with GVA acting on behalf of two undisclosed clients seeking new headquarters buildings totalling 90,000 sq ft and 50,000 sq ft.