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Berkeley House 2-10 The Square 3,787 sq ft 100% Let Office Property Kenilworth CV8 1EB £950,000 (£250.86/sq ft)



INVESTMENT HIGHLIGHTS
- Prime town centre location.
- Versatile office spaces ranging from 145 sq ft to 800 sq ft.
- 100% Occupancy.
- Situated close to major retailers.
- Retail and office accomodation.
- Passing rent £81,611.
- Long term tenants.
- Net initial yield of 8.13% assuming purchase costs of 5.69%.
EXECUTIVE SUMMARY
Prime mixed use freehold investment in central Kenilworth Berkeley House is a prominent three-storey commercial property, serving as a multifunctional business centre with ground floor retail. The property presents a rare opportunity to acquire a freehold mixed-use asset in one of Warwickshire’s most attractive town centre locations. The building comprises two ground-floor retail units, currently let to long-standing tenants, providing a strong stable income. The upper floors are arranged as a series of well-appointed office suites, meeting rooms, kitchens, and W/Cs, offering versatile workspace suitable for a range of occupiers, from SMEs and professionals to serviced office providers.
Prime town centre location Retail and office accomodation Versatile office spaces ranging from 145 sq ft to 800 sq ft Passing rent £81,611 100% Occupancy Long term tenants Situated close to major retailers Net initial yield of 8.13% assuming purchase costs of 5.69% This site is available Freehold under title number WK475933 Berkeley House - D The Treehouse Bookshop - E Enhanced Mobility - D The property is not VAT registered.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Kitchen
- Common Parts WC Facilities
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
- BAHCESEHIR UNIVERSITY (UK CAMPUS) LIMITED
- -
- 216 sq ft
- -
- -
- Berkeley House
- -
- 817 sq ft
- -
- -
- Maredu Partnership
- -
- 392 sq ft
- -
- -
- Salt + Bear Pilates
- -
- 392 sq ft
- -
- -
The Tree House is a non-profit second-hand bookshop and event space, owned and run by Victoria Mier, aided and abetted by some fabulous volunteers. The aim of the Tree House is to keep physical books on the high street, including books that are not easily available because they are out of print or out of the bestseller charts, and to promote the importance of literature in our increasingly anti-intellectual society. We have comfy sofas and armchairs, you can help yourself to coffee or tea for a small charge, and you are welcome to come and browse through the books in comfort. We have all sorts of books, including a well-stocked children’s area. We have a variety of evening events – live music, films, author events, poetry readings, storytellers, whatever we find that would be entertaining and appropriate for the space we have. We have two upstairs rooms that can be rented as writing rooms or small meeting rooms. We have wifi. We are not a charity, but any profits we make (should we
- True Potential Partners Wealth Management
- -
- 392 sq ft
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
| BAHCESEHIR UNIVERSITY (UK CAMPUS) LIMITED | - | 216 sq ft | - | - | ||
| Berkeley House | - | 817 sq ft | - | - | ||
| Maredu Partnership | - | 392 sq ft | - | - | ||
| Salt + Bear Pilates | - | 392 sq ft | - | - | ||
|
- | 732 sq ft | - | Mar 2020 | ||
| True Potential Partners Wealth Management | - | 392 sq ft | - | - |
Presented by
Berkeley House | 2-10 The Square
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