Retail premises for sale in 68, Whitemoor Road, Kenilworth CV8, £350,000

350,000.00

Offer Nr.:
64646602
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Loveitts
Phone(s):
024 7513 9917

* Freehold
* Price - £350, 000
* Retails Shop with Flat Above
* Prominent Location
The property is located on Whitemoor Road in a busy parade of suburban retail
units within Kenilworth just a short distance away from the town centre.
The location provides easy access to the A46 with links to Warwick, Leamington
Spa and Coventry.
The property on offer comprises end of terrace, mixed use investment property
providing accommodation over two floors.
The ground floor currently operates as a fish and chip shop with sui generis
usage, while the first floor offers residential accommodation. Externally
there is car parking available immediately fronting the property.
The current commercial tenants run a successful takeaway which has been let on
a lease term of 20 years and due to expire March 2036.
The first floor self - contained flat is let on an Assured Shorthold Tenancy
agreement with the building generating an annual income of £25, 640.
Further information on both tenancies can be provided upon request.
Accommodation:
Retail Shop: 625. 00 sqft
Apartment: 529. 00 sqft
Total: 1, 154. 00 sqft

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