40 Castle Hill, Kenilworth, Warwickshire, CV8 1NB
- Available
- Retail
- 620 Sq Ft
- £425,000
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.
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