Retail premises for sale in Castle Hill, Kenilworth CV8
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Key Points
Description
Set within a row of local businesses, 40 Castle Hill is comprised of a 620sqft retail unit along with a two-storey duplex living accommodation above. The living accommodation is not self contained and access is through the internal retail premise.
40 Castle Hill is occupied in its entirety on a 10 year lease from August 2022 with 3-yearly reviews on an Fri basis. The going rent is currently £24,000 per annum for the whole, with potential for significant reversion and splitting of the residential and commercial units. The ground floor is comprised of 3 eating areas, reception, kitchen and toilet facilities.
Above, the residential element is formed of 2 bedrooms, an office, kitchen, bathroom, with the principal bedroom on the 3rd storey.
Location
40 Castle Hill, Kenilworth, is situated just a stones throw from Kenilworth Castle and is currently occupied by Time For Tea Prossers Ltd. The property is located directly opposite the castle and sits within a terraced block of sme units. Kenilworth Town Centre lies just 0.7km south-east of the property, with Coventry City Centre some 8 miles north.
40 Castle Hill benefits from tourism trade of Kenilworth Castle and the busy commuter passage through Clinton Road
Availability_Text
The accommodation comprises the following areas:
Tenure
The entire property is currently let at £24,000 per annum on an Fri basis, with the exception of the windows and roof elements of the residential premise.
Potential for the purchase of the Time For Tea Prossers Ltd is also an option presented by Shepherd Commercial
Property info
264659_Shep035_Flp_01_0000.Jpeg View original
264659_Shep035_Flp_02_0000.Jpeg View original
264659_Shep035_Flp_00_0000.Jpeg View original
264659_Shep035_Flp_03_0000.Jpeg View original
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Shepherd Commercial, B93 on +44 1564 648822 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Shepherd Commercial, and do not constitute property particulars. Please contact Shepherd Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.