Commercial Mortgages Holbrooks, Foleshill and Radford

The Holbrooks, Foleshill and Radford commercial property market

The CV6 industrial belt is the densest light industrial and trade-counter zone in Coventry outside the Coventry Gateway and Ansty logistics corridor. Holbrook Lane and the streets off it carry one of the strongest SME owner-occupier industrial markets in the West Midlands, B2 workshop, B8 storage and trade-counter stock trading against the JLR supplier ecosystem, the wider EV supply chain feeding into UKBIC at Whitmoor Park, and the last-mile logistics demand driven by Amazon, IKEA and Prologis along the A45 corridor. Foleshill Road and the Lockhurst Lane corridor carry the most active Class B2 to mixed-use and residential conversion pipeline in Coventry, with industrial freehold and former-mill stock converting under permitted development and full planning into ground-floor Class E retail with sui generis HMO or self-contained apartments above. Radford brings a smaller but steady inner-city semi-commercial and convenience retail base feeding the dense terraced residential catchment.

Most CV6 commercial mortgage flow runs in the £250K to £1.5M bracket. Owner-occupier industrial freehold along Holbrook Lane prices currently 6.0 to 7.5% pa at 70 to 75% LTV with mainstream challenger desks. Trade-counter sits in the same bracket. Foleshill Road Class B2 to mixed-use conversion runs as bridge-to-let during the works phase and then terms out to semi-commercial mortgage at 75% LTV on blended ICR on the Class E ground floor and HMO or apartment income above. Value-end semi-commercial along the inner Foleshill grid runs wider at 7.5 to 9.0% pa via Together and InterBay Commercial, reflecting the value-end resident catchment.

HM Land Registry residential transactions across CV6 cluster at the lower end of the Coventry residential price band, with recent files including CV6 terraced freehold and small-cap converted-flat sales between £80,000 and £232,000 across the Holbrooks, Foleshill and Radford grid. They are not a direct commercial signal but they confirm the value-end resident catchment that supports the convenience retail, takeaway, HMO and value-end semi-commercial underwriting that most of our CV6 commercial mortgage lending sits against. Refinancing volumes picked up materially through 2025 and 2026 as five-year fixes from the post-pandemic industrial recovery cycle matured into a higher base-rate environment.

Active commercial property types in Holbrooks, Foleshill and Radford

Lender appetite for CV6 Holbrook Lane industrial and Foleshill Road conversion

Light industrial owner-occupier along Holbrook Lane is the deepest single sector in the CV6 industrial belt, and the lender pool is wide and competitive. Lloyds, NatWest, Barclays and Santander compete on the largest SME owner-occupier industrial freehold and last-mile logistics investment at 60 to 70% LTV and 6.0 to 7.0% pa across the West Midlands regional commercial RM coverage. Shawbrook sits at the top of our shortlist on mid-cap industrial investment and trade-counter freehold at 65 to 75% LTV and 6.5 to 7.5% pa. Allica Bank runs an active Coventry SME book on owner-occupier industrial purchase at 70 to 75% LTV. HTB and YBS Commercial cover stronger-covenant industrial owner-occupier and investment across CV6. InterBay Commercial and Together dominate the Foleshill Road value-end semi-commercial and Class B2 to mixed-use conversion pipeline at up to 75% LTV on blended ICR. LendInvest and Cynergy Bank cover bridge-to-let on the conversion works phase. Paragon takes selected CV6 HMO conversion above shop deals. Cambridge & Counties carries strong appetite across Warwickshire and the wider West Midlands and routes Coventry industrial and mixed-use deals through a Leicester-led commercial team. Refinancing on a stabilised CV6 industrial owner-occupier or Foleshill Road semi-commercial typically prices 6.5 to 8.0% pa at 70 to 75% LTV. Commercial mortgages are unregulated lending and fall outside the FCA regulated mortgage perimeter, we do not hold FCA authorisation because the products we arrange are unregulated.