Warning - This property listing has now expired.

Any changes made to the content of this listing WILL NOT BE SAVED. However, you can still change the property status (i.e. available/sold/let etc).

To renew this property or for further assistance please call 01767 313380 or email renewals@novaloca.com.

Property unavailable

This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings.

Please note we do not have names or contact details of anyone currently occupying this building we are also unable to provide details of the agents that posted the original advert with us.

If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com

If you would like to know if this, or any similar property comes back or on to the market please click here to get updates by email.

Town Centre Restaurant For Sale , 106 & 106a Warwick Street, Leamington Spa, CV32 4QP

2,401 Sq Ft / Land

Withdrawn - Last updated: 23 December 2020

106 Warwick Street comprises a 4-storey midterraced Regency building. With single- and two-storey rear extensions. The accommodation comprises a ground floor restaurant with kitchen and storage. The property also includes a spacious apartment over the upper two floors of the premises, accessed via a separate side entrance.
( Agency Pilot Software Ref: 403 )

Location

The subject property is located on Warwick Street, one of the best secondary shopping streets in the centre of Leamington Spa. It is located close to the junction of Park Street and the Royal Priors Shopping Centre. Neighbouring tenants include Subway, Pizza Hut, and Ladbrokes.

Accommodation

Restaurant Ground floor restaurant and storage: 1,264 Sq Ft (117.4 Sqm) overall.

Apartment First Floor: 589 Sq Ft (54.7 Sqm) Comprises three reception rooms, fully fitted kitchen, separate w/c, shower room.

Second Floor: 548 Sq Ft (50.9 Sqm) Comprises a family bathroom, separate shower room, and 4 bedrooms.

Terms

Services Separate mains electricity, water, gas, and drainage supplies are connected.

Planning A3, C3c

EPC Ground Floor Restaurant C 75 First and Second Floor Residential F 30

Tenure The property is to be sold freehold, The ground floor retail unit is leased to Libertine Burger Holdings Ltd, subject to a lease term expiring on the 13th December 2025. The annual rent passing is £XXX p.a. (excl) subject to rent review on 14th December 2020. The first and second floor are vacant with a potential rental rental of £XXX p.a. (excl).

Price £XXX (VAT is not applicable) for the freehold interest subject to the ground floor restaurant lease and vacant apartment.

Rates Shop: Rateable Value is £XXX for the current year. Apartment: Council Tax Band D

Legal Costs Each party will be responsible for their own legal costs incurred in this transaction.

Specification

  • Investment Potential of £XXX p.a (excl)
  • Ground Floor Restaurant Investment
  • 4 Bed and 3 Rec Residential on the First and Second Floors (Vacant)
  • Busy Town Centre Location


Email me updates about similar new properties


Show similar properties

Contact agents

Thank you for your enquiry

The agent for this property will get back to you as soon as possible.

Would you like to view similar properties now?

Many thanks, your enquiry has been sent to the agent

In response to the boxes you ticked, we'd like to send you emails about new & updated properties based on the following (please amend as required):


Please note, NovaLoca will only contact you about commercial property & you can unsubscribe at any time. Your information will not be given to third parties without your permission. For more information please refer to our privacy policy.