Bromwich Hardy LLP, Coventry

Bray House, 13-15 Jury Street, Warwick, CV34 4EH

£380,000

Size

470

Tenure

Freehold

EPC

Parking

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Primary use
Mixed use
Other use(s)
Other

No floor / site plan

Key features

  • Mixed use investment sale
  • Prominent town centre location
  • Rental Income of £30,500 per annum with reversionary potential
  • Ground floor retail units with residential flats above
  • Affluent market town
  • Strong frontage onto the main high street

Description

13-15 Jury Street offers a mixed use investment opportunity, providing rental income of £30,500 per annum across both retail units, with residential accommodation above on long leaseholds. The building is comprised of two retail units and 8 upper flats. The flats are on long leasehold agreements generating an additional £250 per annum with circa 58 years remaining, with potential to extend the leases and add significant value.

The landlord is undertaking remedial works to the roof of the building.

The property sale represents a gross yield of 8%, with reversionary potential on the retail units.

13-15 Jury Street occupies a prominent town centre position within Warwick, fronting one of the town's principal thoroughfares and a well-established retail and commercial location. The property sits in the heart of the historic town centre, benefiting from strong pedestrian footfall generated by a mix of national and independent retailers, cafés, restaurants and professional services.

The property is well connected, with Warwick Railway Station located approximately 2 miles to the west, providing regular services to Birmingham, London and surrounding regional centres. The A429, A46 and M40 motorway are readily accessible, offering convenient road connections throughout the Midlands and the wider motorway network.
Bromwich Hardy LLP, Coventry

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Energy performance certificate: E

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Environmental data
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Brochure

Bray House, 13-15 Jury Street, Warwick, CV34 4EH

NEAREST STATIONS

National Rail

Warwick Station

0.42 miles

National Rail

Warwick Parkway Station

1.11 miles

National Rail

Leamington Spa Station

2.16 miles

About Bromwich Hardy LLP, Coventry

Bromwich Hardy LLP, Coventry

Bromwich Hardy is a dynamic property consultancy and agency based in the heart of the Midlands, Coventry.

Founders of the company, Richard Hardy and Tom Bromwich, have over 50 years of experience between them, dealing with all aspects of the commercial property market.

They are both very well known in the industry and have complementary skills and expertise. Tom Bromwich has an unparalleled and intimate knowledge of the Midland's regional market and Richard Hardy has a deep understanding of how best to meet the needs of nation-wide organisations with interests right across the UK.

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Disclaimer - Property reference 406121-1. 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 Bromwich Hardy LLP, Coventry. 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.