The property comprises of a four storey mid terraced Edwardian building, originally constructed as a house but currently utilised as a doctors surgery (a planning application has been lodged for a change of use to private dwelling). The building has been the subject of considerable alterations over the years with a number of significant extensions to the rear, where there is still an area of garden which enjoys rear pedestrian access.
( Agency Pilot Software Ref: 389 )
Location
No 3 is located at the southern end of Cape Road within the heart of Warwick town, close to the County town’s retail centre, many restaurants, bars and world famous tourist venues such as Warwick Castle, as well as local amenities and is identified on the attached location plan
Accommodation
Ground Floor Reception/Office and waiting areas 600 sq.ft (55.7 sq.m)
Four consultation rooms 579 sq.ft (53.8 sq.m)
W.C Facility First Floor Four consultation rooms 557 sq.ft (61.0 sq.m)
Kitchen 62 sq.ft (5.8 sq.m) Second Floor Bedroom and Former Bathroom 252 sq.ft ( 23.4 sq.m)
Stores 236 sq.ft ( 22.0 sq.m)
Basement Stores 145 sq.ft (13.4 sq.m)
Terms
Services All mains services are connected, heating is by means of a gas fired central heating system.
Planning Planning currently exists for a D1 use,. The doctors surgery is to move to new premises on Northgate in early 2021.
Tenure Freehold, the price £550,000. The property is to be sold subject to the balance of a lease to expire by the end of May 2021. The lease is excluded from sections 24-28 inclusive of the landlord and tenant act 1954. The tenant can terminate from the end of March 2021. The rent payable under the current lease is £40,000 p.a excl'.
Rates The rateable value for the current year is £20,500.
EPC F 139
Legal Costs Each party will meet their own legal costs.
Specification
- Suitable For Conversion to Residential Uses
- Rear Garden with Pedestrian Access
- Central Warwick Location
- Short Term Investment Income of £40,000 p.a excl'
- Freehold Price £550,000 subject to contract