67 Regent Street, Leamington Spa, CV32 5DX

Description

The building comprises a mid-terraced property of early Victorian construction, over basement, ground and two upper floors, providing retail accommodation throughout. The property is of traditional solid brick constriction with a painted rendered front elevation and built to a parapet. The original slate roof has been replaced with concrete interlocking tiles and incorporates a small dormer window to the front pitch.

The ground floor retail shop has a fully glazed and part recessed shop front with stairs to the upper floors, and a rear door providing a right of way from Bedford Street. The upper floors do not have an alternative access and accessed solely through the shop.

The accommodation in greater details comprises the following:
Ground Floor Retail: 360 sq.ft (33.40 sq.m)
First Floor Ancillary: 255 sq.ft (23.70 sq.m)
Second Floor Ancillary: 341 sq.ft (31.70 sq.m)

The ground floor benefits from air conditioning and the property is carpeted throughout.

Basement: not measured

Location

Located on the north side of Regent Street between Bedford Street and the Parade, the property is well situated within a prominent retail and trading location in Leamington Spa.

With national retailers in close proximity and a multitude of bars and restaurants the building is in a highly sought after location.

Leamington Spa Railway Station is within a 15 minute walk, and Jephson Gardens within a 5 minute walk.

Services

Mains electricity, water and drainage are connected to the property.

Tenure

Freehold with Vacant Possession/available on a new lease for a term to be agreed.

Planning

Class E

Rent

Freehold Sale Price: £325,000 (exclusive)
Rent: £20,000 per annum (exclusive)

Rates

The rateable value for the current year is £14,250. The property qualifies for some small business rates relief (subject to the status of the rates payer).

Legal Costs

Each party will be responsible for their own legal costs associated with this transaction

EPC

Available upon request.

Town Centre Class E Premises

Available Immediately

956 sq.ft (88.81 sq.m)
( Agency Pilot Software ref: 727 )