A major Kenilworth industrial unit home to multiple businesses including a historic car company is on the market for £875,000.

Local agent Bromwich Hardy is marketing the site at Common Lane which is made up of eight units.

All of the units are let to long-standing tenants - who will not be impacted by the sale - including the Alvis Car Company, bringing in an annual revenue of £40.950.

The "popular industrial location" is said to have "large potential for rental growth".

The advert said: "The investment comprises a scheme of small industrial units plus one office building.

"The units are fully let, bringing in an annual rent roll of £40,950 and many of the tenants have occupied the estate for a number of years.

"The office building is located at the front of the estate, parallel to the estate road, with the remaining units being behind.

"The site benefits from a large car park in the centre of the estate, which provides ample parking for the occupiers.

advertisement

"The units are exempt from EPCs and the exemption certificates are available on request.

"Kenilworth is a popular industrial location, suffering from a lack of available units, particularly at the smaller end of the market. Common Lane Industrial Estate is a long-established business location, home to numerous reputable occupiers, and has been the home of the Alvis Car Company for many years.

"The estate is surrounded by residential areas."

See the full listing here.