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Guide price
£395,000

Retail property (high street) for sale

27 The Square, Kenilworth, Warwickshire CV8 1EF
Auction
Recently added
Retail property (high street)
3 beds
Added < 7 days

Features and description

  • In room and livestream auction
  • Mixed residential and commercial investment
  • Town centre location
  • Retail unit plus 2 flats
  • Unique investment
  • Circa 8% yield

*IN THE ROOM AND LIVESTREAM*

To be sold via Public Auction on Thursday 6th February 2025 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ

Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.

GUIDE PRICE: £395,000 to £425,000

Unique investment opportunity - Mixed commercial and residential investment opportunity in the heart of Kenilworth. Retail unit plus 2 x flats over 3 floors with a current rent payable of £32,700. Located on the main high street running through the town.

LOCATION Positioned on the right hand side of the main high street going towards Abbey End, just past Station Road.
ACCOMMODATION GROUND FLOOR
Retail unit (Nail Salon)
Approximately 725 sqft (67.5 sqm)
Rear independent access for flats
FIRST FLOOR
1 bedroom flat
SECOND FLOOR
2 bedroom flat

OUTSIDE
Rear access for loading and access
EPC RATING - D
TENURE Freehold subject to tenancies (2 x flats) and commercial Lease.
TENANCIES Retail Lease: 17/4/21 - 16/4/33
Assured Shorthold Tenancies:
Flat 27a:
Flat 27b:
ADDITIONAL COSTS Administration Fee: £1,920 (£1,600 plus VAT)
Buyer's Premium: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.

Tenure: See Legal Pack

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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About this agent

Loveitts - Auctions
Loveitts - Auctions
Coventry CV1
024 7511 8826
Full profileProperty listings
Positioned in the heart of Coventry, Loveitts has proudly served the city since 1843, helping generations of homeowners successfully buy, sell, rent or let their property. From our offices in Warwick Row, our team of experts are on-hand to provide bespoke advice and valuable support for all matters relating to property, land, investments and professional advice. As Coventry and Warwickshire’s leading auctioneers, Loveitts also offers a comprehensive auction service, selling residential and commercial property, as well as land and development opportunities. Our business is built on a strong reputation that comes with over 175 years in business and we pride ourselves on helping our customers make the right property decision.
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