From
£1,100,000
Property for saleTanners Lane, Berkswell, Coventry CV7
About this property
To be offered on Wednesday 16 September
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)
Auction Sale - 15/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A freehold nursery investment. An agreement to lease has been signed for a 25 year lease (No breaks) at £97,000 p.a. With 5 yearly rent reviews (cpi linked -2.5%–5% cap and collar, compounded annually)
To be Investment let at £97,000 p.a.
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.
Location
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.
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.
Accommodation
Please refer to the floor plan
An approx. 3,771 sq ft
Mortgage calculator
£5,502 per month
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