The property was constructed in the late 1980’s to a traditional steel portal frame construction with an original eaves height of approximately 5.57 metres (18 feet 6 inches), blockwork walls and profile metal sheet cladding. At the front of the unit is a goods delivery area and car parking for 10-12 vehicles.
The original internal layout has been adapted over the years and now provides a mix of storage and office accommodation. An electric roller shutter door (2.09m wide x 2.66m high) leads into a small loading bay with a further roller shutter leading into the main warehouse where there are WCs, kitchen / break out area and internal offices.
Additional accommodation at the front of the unit includes a reception, offices with windows to two elevations, kitchenette, visitor’s WC, and a server room with an adjacent office having an internal window overlooking reception. This wall could be removed to create a bigger reception / waiting area if required.
On the first floor is an MD’s office off which is a private WC and kitchenette, a large showroom / office, a further extensive suite of offices and a meeting room with full height glazing. Separate doorways lead out onto the mezzanine deck which is fully carpeted and benefits from good natural light via the translucent roof lights. A loading gate enables products to be fork-lifted up from the ground floor, a metal cage to part of the mezzanine provides a secure store area and a secondary staircase leads down to the warehouse below.
The offices have been constructed by way of demountable partitioning so can be reconfigured to suit. The specification includes suspended ceilings with a mix of recessed fluorescent and feature lighting, gas fired central heating to radiators, double glazed windows and carpet tiled floors. There are comfort cooling units to the server room and one of the open plan offices.
Location
Heathcote Industrial Estate is adjacent to Tachbrook Park Business Park, approximately 2 miles from Leamington Spa Town Centre. Leamington Retail Park is within ½ a mile and includes Sainsbury’s supermarket, Next, Boots, Starbucks, Subway and Debenhams. Also within close proximity of the subject building is Nuffield Gym, Busy Bees Day Nursery and The Royal Horse Pub & Restaurant.
The town centres of Leamington Spa and Warwick together with the Railway Station are within easy reach as are junctions 13 and 14 of M40 Motorway.
Accommodation
The total gross internal area is 9,179 sq ft (852.77 sq m) with 4,566 sq ft (424.19 sq m) on the ground floor.
The first floor provides a further 4,613 sq ft (428.58 sq m) and includes offices with natural light of 1,919 sq ft (178.03 sq m) and mezzanine storage of 2,031 sq ft (188.73 sq m).
Terms
Purchase Price - £625,000 for the freehold interest, with vacant possession on completion of the purchase.
VAT - VAT will not be charged in addition.
Business Rates:
Rateable Value £39,750
Rates Payable £19,517 (2019/20)
Legal Costs - Each party will be responsible for their own legal costs incurred in this matter.
Specification
- Modern end of terrace warehouse
- Extensive ground and first floor offices with natural light
- Rare opportunity to purchase and ideal for owner occupier
- Close to M40 and town centres of Leamington Spa and Warwick