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Office / Workshop / Warehouse Premises, Wharf Centre, Wharf Street, Warwick, CV34 5LB

233 to 5,938 Sq Ft / Industrial / General Industrial

To Let - £6,000.00 per annum

Available - Last updated: 19 November 2019

The Wharf Centre is one of a number of converted former mill and warehouse premises adjacent to the Grand Union Canal which are used for a variety of purposes including design studios, offices, online retail and distribution, a yoga studio and residential.

The subject property currently provides ground and first floor offices, workshop and storage accommodation in three attached and interconnected buildings with 10 private off-street parking spaces to the front.

A private ground floor entrance with reception lobby leads to two large open plan offices, a private office, corridor office space, kitchen and WC’s and there’s also a secondary pedestrian entrance. The first floor comprises two large offices (currently used for storage and workbench purposes by the present occupier), a meeting room off the landing and another good size room which has been partitioned to create office / training rooms and a printer / storeroom, plus an additional kitchen and WC’s.

The specification on the ground floor includes suspended ceilings with integral fluorescent lighting, carpets and UPVC double glazed windows. The first floor has carpet and vinyl tile floor coverings, suspended or insulated panel ceilings with fluorescent lighting, UPVC double windows and painted brickwork walls. The offices are heated by a gas fired boiler to radiators.

A rear staircase connects the first floor with the workshop / warehouse units which are slightly set back at ground floor level with each having separate external access from end of the building.

The workshop has part glazed double timber doors, a concrete floor, fluorescent lighting and to one corner a blockwork store has been constructed. The maximum height to the underside of the panelled ceiling is 3.91 metres and there are further WC’s. An internal pedestrian door leads through to a further workshop / warehouse with a ceiling height of 4.30 metres, double timber doors, fluorescent lighting and a mezzanine.

Location

Wharf Street is a side road running between Charles Street and Broad Street, just off Emscote Road between the town centres of Warwick and Leamington Spa.

Easy access is available onto Coventry Road and A46 Warwick Bypass which leads to the south side of Coventry and J15 of M40 respectively. Warwick Railway Station is approximately 500 metres from the subject property and provides regular services to Birmingham, Coventry and London Marylebone.

A host of local facilities can be found on Emscote Road, Coten End and St Johns including a Tesco Superstore and Sainsbury’s Local. The Saxon Mill pub and restaurant is nearby as is The Warwickshire Golf Course and Gym.

Accommodation

Unit 1 - 967 sq ft

Unit 2 - 1,439 sq ft

Office 7 - 1,104 sq ft

Office 8 - 1,195 sq ft

Office 9 - 233 sq ft

Office 10 - 1,000 sq ft

Terms

LEASE TERMS

A new full repairing and insuring lease will be granted for a term to be agreed. The letting will be taken outside the Security of Tenure provisions of the Landlord & Tenant Act 1954.

RENT

Unit 1 - £6,000 per annum

Unit 2 - £9,000 per annum

Office 7 - £8,750 per annum

Office 8 - £9,200 per annum

Office 9 - £1,750 per annum

Office 10 - £9,000 per annum

VAT

We are advised VAT will NOT be payable on the rent.

BUSINESS RATES

Current Rating assessment:-

Ground floor storage plus first floor storage/workshop and offices
Rateable Value - £17,250
Rates Payable - £8,280 (2018/19)

Ground floor offices and kitchen plus 9 car parking spaces
Rateable Value - £27,000
Rates Payable - £12,960 (2018/19)

Should the building be split, the Business Rates will need to be reassessed. This will be the responsibility of the ingoing tenant.

LEGAL COSTS

Each party will be responsible for their own legal costs incurred in this matter.

Specification

  • Converted canal side buildings between Leamington Spa and Warwick
  • Good mix of office and warehouse / workshop space plus parking
  • Close to extensive road network and local facilities including Tesco
  • Train station within walking distance

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Unit 1 To Let £6,000.00 per annum
Unit 2 To Let £9,000.00 per annum
Office 7 To Let £8,750.00 per annum
Office 8 To Let £9,200.00 per annum
Office 9 To Let £1,750.00 per annum
Office 10 To Let £9,000.00 per annum

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Contact agents

Jonathan Blood

Wareing & Company

01926 270411



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