Bray House, 13-15 Jury Street, Warwick, CV34 4EH

Summary

13-15 Jury Street offers a mixed use investment opportunity, providing rental income of £30,500 per annum across both retail units, with residential accommodation above on long leaseholds. The building is comprised of two retail units and 8 upper flats. The flats are on long leasehold agreements generating an additional £250 per annum with circa 58 years remaining, with potential to extend the leases and add significant value.

The landlord is undertaking remedial works to the roof of the building.

The property sale represents a gross yield of 8%, with reversionary potential on the retail units.

Key Points

Location

13-15 Jury Street occupies a prominent town centre position within Warwick, fronting one of the town's principal thoroughfares and a well-established retail and commercial location. The property sits in the heart of the historic town centre, benefiting from strong pedestrian footfall generated by a mix of national and independent retailers, cafés, restaurants and professional services.

The property is well connected, with Warwick Railway Station located approximately 2 miles to the west, providing regular services to Birmingham, London and surrounding regional centres. The A429, A46 and M40 motorway are readily accessible, offering convenient road connections throughout the Midlands and the wider motorway network.