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Semi-detached Warehouse, 16 Cross Street, Leamington Spa, CV32 4PX

2,613 Sq Ft / Industrial / General Industrial

Let - Last updated: 11 June 2019

The property comprises a semi-detached, low level single storey building of brick construction with an even pitched corrugated asbestos roof on light metal trusses, translucent roof lights, concrete floor, suspended fluorescent lighting and three phase electricity.

There are two points of access directly off Cross Street via timber doors measuring 13’ 9” wide by 10’ 10” high (4.17m by 3.31m) and 9’ 9” wide by 7’ 1” high (2.95m x 2.16m). Within the unit is a WC, kitchenette and a basic office which requires refurbishment.

Location

Cross Street is a side road running between Clarendon Street and Willes Road on the eastern edge of Leamington Spa Town Centre. The north side of Cross Street is predominantly residential, the subject building is attached to a serviced office business centre and there are entrances to car parks for offices fronting onto Holly Walk. The prime retail area of the town is within approximately 350m.

Accommodation

The unit has an overall width of 71’ 11” by 36’ 4” deep (21.91 m x 11.08m) which produces a gross internal area of 2,613 sq ft (242.76 sqm) with an eaves height of approximately 11’ 10” (3.62 m).

Terms

LEASE TERMS - A new internal repairing and decorating lease will be granted to expire 29th September 2022 with a mutual break clause for the landlord and tenant which will be effective on 25th March 2019, subject to a minimum of 6 months written prior notice. If the breakclause is not exercised, a rent review will take place at this point in time. The letting will be excluded from the Security of Tenure provisions of the Landlord & Tenant Act 1954.

RENT - £XXX per annum, exclusive of VAT, business rates and all other outgoings, payable quarterly in advance.

Specification

  • Semi-detached low level warehouse on edge of town centre
  • Tenant responsible for internal repairs only
  • Two points of access, three phase electricity and 11’ 11” (3.62 m) to eaves
  • Kitchenette and WC
  • Available initially until March 2019


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