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27 The Square, Kenilworth, Warwickshire CV8 1EF

Guide Price: £395,000 - £425,000
Auction Thursday 6th Feb 2025 6.30pm
Village Hotel
Dolomite Avenue, Canley, Coventry CV4 9GZ

Description

  • filter bedroom 3 Bedrooms

*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.

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

Key Facts

IN ROOM AND LIVESTREAM AUCTION Mixed residential and commercial investment Town centre location Retail unit plus 2 flats Unique investment Circa 8% yield
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