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27, The Square, Kenilworth, CV38 1EF

Offers Over
£445,000

£285.07 per sq ft

Business rates & charges may apply

Sheldon Bosley Knight, Warwickshire
SIZE AVAILABLE

1,561 sq ft

145 sq m

SECTOR

Mixed use property for sale

Key features

  • Fantastic Investment Opportunity
  • Total Passing Rental: £31,200
  • Kenilworth Town Centre
  • 159.12m² (1712 ft²) GIA

Description

27, The Square is offered for sale as a mixed use freehold investment. It comprises a ground floor shop and separately accessed residential apartments set over ground, first and second floors.

It is prominently situated in the heart of Kenilworth's town centre and near to all local, retail, leisure and cultural amenities.

Location - Kenilworth is a historic town located in Warwickshire, best known for its medieval castle, Kenilworth Castle, which played a significant role in English history. Due to its historical significance, Kenilworth attracts tourists interested in exploring its medieval castle and the town's charming streets and offers a range of amenities, including shops, restaurants, parks, and recreational facilities, making it a pleasant place to live and visit.

Investment - Commercial:
The property is let to Five Star Nails on a 12-year IRI lease with a current passing rent of £10,500, Increasing to £11,700 in April 2024. The lease is understood to have the benefit of the Landlord and Tenant Act 1954.

Residential:
Flat 27a is let on a periodic Assured Shorthold Tenancy with a passing rent of £10,800 per annum
Flat 27b is let on a periodic Assured Shorthold Tenancy with a passing rent of £9,900 per annum



Total Passing Rental: £31,200

Accommodation - Ground Floor Retail: 67.37m² (725ft²)
Flat 27 A : 39.68m² (427ft²)
Flat 27 B: 52.07 m² (560ft²)

Total: 159.12m² (1712ft²)







Business Rates - Business Rates: £12,500

All enquiries should be made to Warwick District Council on or visit

Epc - Commercial EPC - D
27a, The Square (Residential) - C
27b, The Square (Residential) - D

Services - It is understood that gas, electric, water and foul water drainage are connected to the property. All interested parties are advised to make their own enquiries with the suppliers to ensure continuity of supply.

Legal Costs - Each party will be responsible for their own legal costs associated with the property.

Viewing - To arrange a viewing please contact the commercial Team on or

Important Notes - We are required by HMRC to conduct anti-money laundering checks on all parties with an interest in the property and accordingly we will require forms of identification in due course. Particulars: These Particulars do not constitute an offer or contract and should not be relied upon as being factually accurate, the photographs show only part of the property and the areas, measurements and distances given are approximately only. A buyer or a lessee must make their own enquiries or inspections and should not solely rely on these Particulars or other statements by Sheldon Bosley Knight. VAT: The VAT position relating to the property may change without notice.

Brochures

27, The Square, Kenilworth, CV38 1EF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kenilworth Station0.3 miles
  • Tile Hill Station3.7 miles
  • Warwick Station3.9 miles

About Sheldon Bosley Knight, Warwickshire

35 -36 Rother Street Stratford Upon Avon Warwickshire CV37 6LP

Sheldon Bosley Knight, Warwickshire

Commercial agent with a coverage of West Midlands, Vale of Evesham, M5 Corridor, Cotswolds and Oxfordshire areas. We have a qualified and knowledgeable team of chartered surveyors with many years’ experience in the retail, industrial, office, development land and horticultural sectors.

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Notes

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Disclaimer - Property reference 32592754. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sheldon Bosley Knight, Warwickshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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