Drake Howard Property Limited is pleased to announce the sale of the site formerly occupied by Optilan Communications and Security Systems at Sibree Road, Stonebridge Trading Estate, close to Coventry Airport.

The property has been purchased by Global Moto Limited an MCN award winning Kawasaki dealership, based in Colchester, Essex. The dealership has outlets in North London, Northampton and Chesterfield and the property is to be used as a motorcycle showroom, workshop, and warehouse.

The business believes Coventry is the perfect central location for distribution of new and used motorbikes to UK outlets and customers. The configuration and character of accommodation in addition, suits the proposed use with minimal adaption. The property will be a destination for motorcycle enthusiasts with showrooms, offices, workshop, and logistics warehousing.

Drake Howard Property acted as selling agent to Private Client freehold owners. The site which extends to 2-acres fronting the A45, with buildings with a gross internal area of 51,860 sq. ft. was sold for a price of £2,300,000.

“We are pleased with the outcome of our marketing campaign said Martyn Howard, as we were unlucky a previously agreed sale suffered an eleventh-hour and 59th minute withdrawal. The deal ends a long association with the property dating back to acquisition on behalf of our client in 2004. It is a fitting end and rewarding to hand over to a purchaser with such exciting plans to breath a different kind of life into the site and buildings.”