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Class E Office Building For Sale , 6 Jephson Court, Tancred Close, Leamington Spa, CV31 3RZ

5,932 Sq Ft / Offices / Class E - incl Retail Leisure Healthcare

For Sale - £975,000.00

Available - Last updated: 24 April 2024

Unit 6 Jephson Court is a modern two-storey office building providing high quality air conditioned offices at both ground and first floors.

The building specification includes floor cable ducts, perimeter trunking, suspended ceilings with LED lighting, double glazed powder coated aluminium windows, and fitted carpets throughout. The building has been subject to a number of significant alterations over the years including the installation of high quality meeting rooms and boardroom, server room, and shower room.

The front door leads to a communal entrance hallway with a wide light staircase providing access to the upper floors. The building is split into four quadrants, each accessed off the central stairwell and supported by WC and kitchen facilities at each floor. A kitchen is installed at ground floor, with the shower room and kitchenette facilities also at first floor.The second floor houses the plant room which incorporates the gas fired central heating and hot water cylinder. An external door leads to a roof deck which houses the air conditioning condenser units. No. 6 Jephson Court is fitted with electric security shutters to the ground floor windows and main entrance.
( Agency Pilot Software ref: 608 )

Location

Jephson Court is located in the heart of Leamington Spa's main business district within walking distance of the town railway station with its mainline links to Birmingham, London Marylebone, principal shopping park and a number of amenities including a high quality gym on the adjacent site. Jephson Court is a short drive from junctions 14 and 15 of the M40 motorway and is well placed for access to London, Birmingham, the NEC, Birmingham International Airport and notable employers such as JLR and Aston Martin at Gaydon, along with major computer game development companies such as Playground Games, Unit 2 Games, Kwalee, and many more.

Accommodation

5,932 sq.ft (551 sq.m)

Terms

Tenure The property is to be sold subject to the residue of a 999 year lease which includes 28 allocated car parking spaces plus a share in the management company which holds the freehold interest of the site.

Services All mains services are connected to the building. Heating to the property is via a gas fired under floor central heating system along with a full air conditioning system. The property is also fitted with a comprehensive fire alarm system and intruder alarm system. The building is network cabled throughout.

EPC The current EPC is B 32.

Planning Class E Price £975,000 for the long Leasehold interest

VAT Vat is applicable to the purchase price. Rates The rateable value is £73,000 for the 2023/24 year.

Legal Costs Each party would be responsible for their own legal costs in this transaction

.Service Charge A service charge is levied by the freeholder to cover the repair and maintenance of the spine road, communal landscaped areas, and the security barrier and CCTV. The annual service charge is £1,962.50.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £975,000.00 NA

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Simon Hain

EHB Reeves

01926 270083

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