33-35 Abbey End, Kenilworth, Warwickshire, CV8 1QJ
- SIZE AVAILABLE
1,930 sq ft
179 sq m
- SECTOR
High street retail property for sale
Key features
- Self-contained High Street Unit
- Let to a popular independent tenant
- Affluent Suburb
- Prominent location in the main shopping area of the town
- Other Town Centre occupiers include Subway, Specsavers, Loungers (Fossato Lounge) and Waitrose.
Description
Kenilworth is an affluent market town in Warwickshire. Located five miles from Warwick and Royal Leamington Spa, and six miles South of Coventry.
Description
Unit 33-35 is located in a busy parade of shops fronting Abbey End. Nearby retailers include Loungers, Papa John's, Subway, and other strong independent retailers. The unit benefits from a rear dedicated service bay with pay and display car parking.
We are seeking offers of £575,000, exclusive, plus VAT for the virtual freehold (999yr lease).
Tenure Comments
The property is let to a private individual operating an all-day offer Café/Bar and Restaurant. The existing lease runs from May 2014 for a term of 21 years, without break, expiring in May 2035. The passing rent is £41,000 pax, exclusive. Further details are available on request.
EPC
The premises has an EPC rating of 'C'- 55, Valid until November 2031.
Service Charge Information
There is an annual service charge of £1,415 plus VAT.
Insurance
There is an annual insurance charge levied by the Landlord.
Planning
We understand the unit benefits from E Class planning use. Interested parties are advised to make their own enquiries.
VAT
VAT is applicable.
Legal Costs
Each party is to be responsible for their own legal costs incurred in this transaction.
Brochures
33-35 Abbey End, Kenilworth, Warwickshire, CV8 1QJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Kenilworth Station0.3 miles
- Tile Hill Station3.6 miles
- Warwick Station4.0 miles
Notes
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