654-656 Kenilworth Road, Balsall Common, Coventry, CV7 7DD
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Wednesday 16 September
- A freehold nursery investment
- Agreement for lease (AFL) signed for £97,000p.a.
- To be let on a new 25 year FR&I lease
- Guarantee from Banana Moon Day Nursery Ltd (BM) for 7 years – part of The Learning Experience (TLE)
- An approx. 3,771 sq ft GIA
- Extensive car parking to the rear and side
- Rent reviews every 5 years CPI-linked review (2.5%–5% cap and collar, compounded annually)
- Berkswell Railway Station located an approx. 1.5 miles from the property
- VAT free investment
Description
StrapLine
Auction Sale - 15/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteA freehold nursery investment. An agreement to lease has been signed for a 25 year lease (No breaks) at £97,000 p.a. with 5 yearly rent reviews (CPI linked -2.5%–5% cap and collar, compounded annually)
To be Investment let at £97,000 p.a.
Description
Two detached freehold buildings sold as a pair situated in a prime village location. The building is situated across ground and first floors.
There is a large hard standing area to the side and rear of the property offering multiple car parking spaces.
An agreement for lease (AFL) has been agreed to a nursery provider for a 25 year lease at £97,000 p.a.
The property is a let franchise of 'Banana Moon' - Banana Moon are providing a 7 year guarantee for the franchisee.
In August 2026, Banana Moon Day Nursery was acquired by The Learning Experience (TLE), a US-headquartered early-years education provider with approximately 500 nurseries open and a further 300 locations in development across the US and UK. Banana Moon will continue to operate under its existing brand and leadership, with access to TLE’s technology, marketing, educational and operational resources.
Location
Balsall Common is a popular and affluent village situated approximately 8 miles west of Coventry and 10 miles east of Solihull. The property occupies a prominent position on Kenilworth Road, close to the village centre, which offers a wide range of local shops, amenities, schools and leisure facilities. The area benefits from strong road links to Coventry, Solihull, Birmingham and the wider Midlands region.
Transport
The property is well connected, with Berkswell Railway Station approximately 1.5 miles away, providing regular services to Coventry, Birmingham and London. The A452 and A45 are easily accessible, offering convenient road links to Coventry, Solihull, Birmingham Airport and the wider motorway network, including the M42 and M6.
Tenancy
654-656 Kenilworth Road
- Agreement for lease has been signed
- The tenant is KTMO LIMITED – Trading as Banana Moon
- To be let on a 25 year FR&I lease (No tenant break options)
- Rent reviews every 5 years CPI-linked review (2.5%–5% cap and collar, compounded annually)
- 8 months rent free to be granted
- Guarantee for Banana Moon Day Nursery Ltd (BM) for 7 years - This company has been acquired by The Learning Experience (TLE) which is a large national operator in the US
- To be investment let at £97,000 p.a.
Accommodation
Please refer to the floor plan
An approx. 3,771 sq ft
654-656 Kenilworth Road, Balsall Common, Coventry, CV7 7DD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Tile Hill Station0.7 miles
- Berkswell Station1.3 miles
- Canley Station2.7 miles
Notes
Disclaimer - Property reference 242-24652. 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 Savills Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”