Unique investment opportunity - Retail unit plus 2 x flats over 3 floors with a current rent payable of £32,700 p.a. The property benefits from new central heating, double glazing and new electrical certificates to both shop and flats. Mixed commercial and residential investment opportunity in the heart of Kenilworth. 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

Retail: D 27A: C 27B: D

COUNCIL TAX

27 B - A 27A - A

TENURE

Freehold subject to tenancies (2 x flats) and commercial Lease.

TENANCIES

Retail Lease: Term: 17/04/2021 - 16/04/2033 Rent payable: £975 p.c.m Assured Shorthold Tenancies: Flat 27a: Term: 12 months from 25/05/2024 Rent payable: £900 p.c.m Flat 27b: Term: 12 months from 12/01/2024 Rent payable: £850 p.c.m (due to vacate 11/01/2025)

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.

Additional Fees

Administration Charge - these fees are included in the above sales particulars.

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