We are requesting formal bids for the freehold interest to be at this office by 5pm on Monday 20th September 2021 by email or hardy copy (not fax).
- Substantial 3 storey Regency property situated in the heart of the Town Centre
- Ground floor comprising retail showroom, staff office and large extended stockroom/showroom to rear with access to 4 parking spaces
- First floor comprising largely open plan store with WC’s.
- Second floor comprising compartmentalised rooms currently being used as stores
- Car parking to rear of property accessed off Oxford Row
Location
The subject property is situated on Warwick Street which is one of the primary retailing locations and is situated in the very centre of Leamington Spa.
Close by is the Chandos Street Pay & Display car park which proves popular amongst those visiting the Town Centre.
The Parade (the town’s primary retailing pitch) is within 5 minutes walk of the property with the Royal Priors Shopping Centre being even closer.
The location would suit a variety of occupational requirements.
Notable nearby occupiers include: Subway, Aubrey Allen, Libertine Burger etc.
Accommodation
Ground Floor - 1,810 sq ft (168.17 sq m)
First Floor - 1,313 sq ft (122 sq m)
Second Floor - 477 sq ft (44.3 sq m)
Total - 3,600 sq ft (334.47 sq m)
Terms
Services - All mains services are either connected to the property or available for connection.
Planning - User Class E.
Rating Assessment:
Rateable Value: £28,500
Rates Payable: £14,221.50
Price - Guide Price of £550,000 excl.
Legal Costs - Each party will meet their own legal costs associated with this transaction.
Specification
- Freehold – Guide Price £550,000 excl.
- Great Town Centre Location.
- Ground floor retail with car park to rear.
- Upper floors may be suitable for conversion subject to planning permission.
- Available soon due to relocation.