The Elephant
An immediate leisure-led investor occupier opportunity in an iconic city centre building.
Promoted by Coventry City Council and Rainier Developments Ltd, the former Coventry Sports Centre (elephant building) is located inside the A4053 Ring Road and just east of Coventry Cathedral in the City Centre.
The property lies between Coventry University buildings to the south and a substantial development of new student accommodation, over 1,000 rooms, to the north.
The property is set over three floors and currently incorporates an indoor bowls hall, large multi-use sports hall with sprung floor, smaller sports hall and three squash courts. Each of these spaces could be adapted to accommodate various alternative leisure uses.
As part of the redevelopment and letting of the property, a separate new feature entrance is proposed. The building offers a total floor space of around 52,615 sqft (4,888 sqm).
Investment opportunity
Investor occupiers sought for redevelopment as either a live events, sports or leisure venue or a health and fitness facility. An indication of potential usage is shown below
- Planning Status: New planning consent required
- Promoter: Coventry City Council
- Investment Type: Occupier / Operator / Capital Investment
- Scale/Value: Between £1m-£10m
- Sector: Leisure
- Timeline: Immediate
- Lead: Public/Private: Public