3 Smalley Place
Kenilworth, CV8 1QGThe Space
Freehold Hairdressing Salon Investment
At a glance
| Property Type | Investment |
| Tenure | For Sale |
| Size | 590 sq ft |
| Price | £195,000 Subject to occupational lease and subject to contract |
| Business Rates | Upon Enquiry |
| Energy Performance Rating | This property has been graded as E (112) |
Kenilworth
6 mins
Tile Hill
70 mins
Warwick
76 mins
Canley
79 mins
Chesham
1165 mins
Amersham
1199 mins
Chalfont and Latimer
1230 mins
Chorleywood
1268 mins
Key Points
- Town Centre Location
- Long Established Business
- Rental Income £13,500
Description
The property comprises:-
Mid terrace, 2 storey , brick construction, with rear service access via private car park / service yard.
Flat roof and direct pedestrian access off Smalley Place.
The Location
The subject property is situated in the heart of Kenilworth Town Centre just opposite the Clock Tower with surrounding occupiers including Holiday Inn Hotel, Wetherspoons Public House, amongst others. There are public car parks within easy walking distance of the property, the building having been built in the early 1970’s and comprising one of four shops. The adjoining shop is a gift shop and there is a further men’s hairdressers and then Ale Rooms.
Kenilworth is a market town located just 15 minutes from Coventry City Centre (c. 5 miles) via the A46 and a similar journey time to Leamington Spa (c. 7 miles). The area is popular amongst commuters and day-trippers, with excellent road links to Birmingham, Leamington Spa and Stratford Upon Avon.
Regular bus and rail services connect to Coventry and Leamington Spa stations, where trains run to London Euston in 60 minutes and 80-90 minutes, respectively. The latter will also deliver you to London Marylebone in around 80 mins.
Tenure
The premises are held on a 10 year lease from 22nd May 2025 at a rent of £13,500 per annum, subject to upward only rent review at the 5th year of the term where there is also a tenant break, subject to 6 months notice.
The Tenant is responsible for keeping the premises in a clean and tidy and in good and substantial repair and condition and for reimbursing the insurance premium in connection with insuring the premises.
Price
£195,000 for the freehold, subject to the occupational lease and subject to contract.
Business Rates
Rateable Value: £9,900 (2026 List)
EPC
E112 - A copy can be made available upon request.
Planning
We understand that the property has the benefit of planning permission for User Class E purposes. Interested parties are advised to make their own enquiries of Warwick District Council Planning Department on 01926 456760.
Summary
There is an opportunity to acquire a good quality retail investment in the heart of a strong Market Town let to a well-established hairdressing business.