Summary

Property Type Investment
Tenure For Sale
Size 590 sq ft
Price £195,000 Subject to occupational lease and subject to contract
Rates Payable Upon Enquiry
EPC Rating This property has been graded as E (112)
  • Town Centre Location
  • Long Established Business
  • Rental Income £13,500

About

The property comprises:-

Mid terrace, 2 storey , brick construction, with rear service access via private car park / service yard.
Flat roof and direct pedestrian access off Smalley Place.

Location

The subject property is situated in the heart of Kenilworth Town Centre just opposite the Clock Tower with surrounding occupiers including Holiday Inn Hotel, Wetherspoons Public House, amongst others. There are public car parks within easy walking distance of the property, the building having been built in the early 1970’s and comprising one of four shops. The adjoining shop is a gift shop and there is a further men’s hairdressers and then Ale Rooms.

Kenilworth is a market town located just 15 minutes from Coventry City Centre (c. 5 miles) via the A46 and a similar journey time to Leamington Spa (c. 7 miles). The area is popular amongst commuters and day-trippers, with excellent road links to Birmingham, Leamington Spa and Stratford Upon Avon.
Regular bus and rail services connect to Coventry and Leamington Spa stations, where trains run to London Euston in 60 minutes and 80-90 minutes, respectively. The latter will also deliver you to London Marylebone in around 80 mins.

Get directions from Google Maps

Further Information

  • Tenure

    The premises are held on a 10 year lease from 22nd May 2025 at a rent of £13,500 per annum, subject to upward only rent review at the 5th year of the term where there is also a tenant break, subject to 6 months notice.

    The Tenant is responsible for keeping the premises in a clean and tidy and in good and substantial repair and condition and for reimbursing the insurance premium in connection with insuring the premises.

  • Price

    £195,000 for the freehold, subject to the occupational lease and subject to contract.

  • Business Rates

    Rateable Value: £9,900 (2026 List)

  • EPC

    E112 - A copy can be made available upon request.

  • Planning

    We understand that the property has the benefit of planning permission for User Class E purposes. Interested parties are advised to make their own enquiries of Warwick District Council Planning Department on 01926 456760.

  • Summary

    There is an opportunity to acquire a good quality retail investment in the heart of a strong Market Town let to a well-established hairdressing business.