Building home to multiple Kenilworth businesses put up for sale for £1.5m
By James Smith
27th Jun 2023 | Local News
A commercial building home to several Kenilworth businesses has been put on the market for £1,500,000.
Berkeley House in the centre of town is currently being marketed by property agent Shortland Horne.
The building at The Square is home to Tree House Bookshop as well as other companies including Enhanced Mobility and SALT + BEAR Pilates.
According to the advert, the building brings in £100,000 in rent annually across the two shop fronts and 14 office rooms.
None of the businesses or their tenancies will be affected by the sale, and will remain open as usual.
The brochure describes Berkeley House as: "A fantastic investment opportunity set in the heart of Kenilworth town centre.
"The property comprises of individual offices providing a rent roll of circa £100k.
"There is a substantial amount of space and there is scope to extend further (stpp).
"Briefly the ground floor comprises of two separate lock up shops currently tenanted with long term tenants.
"On the first floor there are eight rooms which are currently being used as separate offices and meeting rooms, two separate kitchens and two W/Cs. On the second floor there are four offices, a kitchen and W/C.
"There is a separate detached office block split into two offices- one large office on the ground floor with kitchen, shower room and W/C and one on the first floor with kitchen, shower room and W/C.
"The property has off road parking with access from the rear.
"The property also has the benefit of planning permission for another office block."
According to the Berkeley House website, the building dates back to "at least 1742" and in 2014 it was "given a new lease of life" to provide "the best in" office, retail and event space as well as providing business services right in the heart of Kenilworth.
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