Your Bid
Guide price TBA
Hammer price

Withdrawn

Withdrawn Prior

Sold Prior

Sold Prior

Sold

Sold Post

Place a proxy bid on Lot #{{ lot.total_lot_number }}

Guide Price:

TBA
Bid now

Floorplan
    • View Virtual Tour

      Play

    Remove from wishlist

    Add to wishlist

    Key features

    • A freehold nursery investment
    • Agreement for lease (AFL) signed for £97,000p.a.
    • To be let on a new 25 year FR&I lease
    • Guarantee from Banana Moon Day Nursery Ltd (BM) for 7 years – part of The Learning Experience (TLE)
    • An approx. 3,771 sq ft GIA
    • Extensive car parking to the rear and side
    • Rent reviews every 5 years CPI-linked review (2.5%–5% cap and collar, compounded annually)
    • Berkswell Railway Station located an approx. 1.5 miles from the property
    • VAT free investment
    • To be investment let at £97,000 p.a. (8.81% GIY on guide)

    Description

    Two detached freehold buildings sold as a pair situated in a prime village location. The building is situated across ground and first floors.

    There is a large hard standing area to the side and rear of the property offering multiple car parking spaces.

    An agreement for lease (AFL) has been agreed to a nursery provider for a 25 year lease at £97,000 p.a.

    The property is a let franchise of 'Banana Moon' - Banana Moon are providing a 7 year guarantee for the franchisee.

    In August 2026, Banana Moon Day Nursery was acquired by The Learning Experience (TLE), a US-headquartered early-years education provider with approximately 500 nurseries open and a further 300 locations in development across the US and UK. Banana Moon will continue to operate under its existing brand and leadership, with access to TLE’s technology, marketing, educational and operational resources. 

    Additional information

    Tenure

    Freehold

    Accommodation

    Please refer to the floor plan

    An approx. 3,771 sq ft

    Tenancy

    654-656 Kenilworth Road

    • Agreement for lease has been signed
    • The tenant is KTMO LIMITED – Trading as Banana Moon
    • To be let on a 25 year FR&I lease (No tenant break options)
    • Rent reviews every 5 years CPI-linked review (2.5%–5% cap and collar, compounded annually)
    • 8 months rent free to be granted
    • Guarantee for Banana Moon Day Nursery Ltd (BM) for 7 years - This company has been acquired by The Learning Experience (TLE) which is a large national operator in the US
    • To be investment let at £97,000 p.a.

    Rent

    £97,000 p.a.

    Notes

    Please note the site areas provided are approximate. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.

      • View Virtual Tour

        Play

      Arrange a viewing

      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

      Please select a time from the options below

      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Balsall Common is a popular and affluent village situated approximately 8 miles west of Coventry and 10 miles east of Solihull. The property occupies a prominent position on Kenilworth Road, close to the village centre, which offers a wide range of local shops, amenities, schools and leisure facilities. The area benefits from strong road links to Coventry, Solihull, Birmingham and the wider Midlands region.

      Transport

      The property is well connected, with Berkswell Railway Station approximately 1.5 miles away, providing regular services to Coventry, Birmingham and London. The A452 and A45 are easily accessible, offering convenient road links to Coventry, Solihull, Birmingham Airport and the wider motorway network, including the M42 and M6.

      Legal documents

      Login to view legal documents

      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •Some properties might be open to offers prior to auction. Exchange will take place, subject to contract and no higher offers, on auction terms and as per the legal pack. Please contact the auctioneer with your best and final offer, their details can be found on each lot page.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums