Victoria Court is an impressive, detached, head quarter style office building which was constructed in 1992 behind a Regency façade. The building was originally home to the Law Society but has recently been occupied by Tata Consultancy services who will be vacating May 2021.
Location
Victoria Court is located at the Western end of Dormer Place, close to the junction of Dale Street.
It is adjacent to the Royal Pump Room Gardens and Bandstand and is a short, 5 minute walk from the train station. The Parade, Leamington's Primary retail pitch, is within 200 metres of the property, as is the Royal Priors shopping centre.
Leamington Spa is only five miles from Junction 13 & 14 of the M40 Motorway which, in turn, leads to the greater West Midlands Motorway Network.
Accommodation
The Accommodation can either be taken as a whole or on a floor-by-floor basis as follows:-
First Floor - 8,490 sq ft (788.72 sq m)
Part Second Floor - 4,525 sq ft (420.37 sq m)
Total - 13,015 sq ft (1,209.49 sq m)
Terms
Tenure - The property is available by way of a new effective full repairing and insuring lease for a term to be negotiated. All leases are to be granted outside the Landlord & Tenant Act 1954 (Sections 24 – 28 incl.)
Rent:
First floor - £152,820 per annum
Part second floor - £72,400 per annum
Both figures are exclusive of VAT and all other outgoings.
Rating Assessment:
First floor rateable value: £100,000
Second floor rateable value: £52,500
Total rateable value: £152,500
Service Charge - There will be a service charge levied to cover the cost of maintenance to the external and communal areas of the property. This is currently thought to be in the region of £4.50 per sq ft. Buildings insurance will be recharged back to the tenant on a pro-rata floor area basis separately.
Services - Mains electricity is connected and is separately metered. Heating is by way of Gas fired central heating. Data & telecoms are the responsibility of the tenant and it is believed fibreoptic internet is available in the area.
Planning - User Class E (Previously B1 Office)
EPC - C-63
Specification
- Large open floorplate office accommodation
- Located in heart of Town Centre close to local amenities
- To Let on new lease either as a whole or by floor
- Close proximity to Leamington Spa Train Station
- On site parking, short stay on road parking and pay & display multi-storey car parking close by
- Grade A open plan offices at first & second floor
- Suspended ceiling with LED Panel lighting
- Raised deck and floor boxes.
- Kitchen Facilities
- Communal Ladies, Gents and disabled WC facilities
- Passenger Lift
- On site Parking for up to 9 cars
- Air conditioning cooling / heating to FF.