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Retail Unit in Popular Location, 102 Regent Street, Leamington Spa, CV32 4NR

464 Sq Ft / Retail / General Retail

To Let - £16,000.00 per annum

Available - Last updated: 18 March 2020

The subject property comprises a ground floor lock up shop with additional storage room, Kitchen and WC.

Access to the shop is off Regent Street and via a secured side passage to the rear access shared with the apartment above. All mains services are connected to the property and heating is by way of the air conditioning system in place.

Location

The property is located in a prominent trading position adjacent to the junction of Regent Street and Park Street just to the east of Parade in the centre of the attractive spa town.

Regent Street is one way, west to east, and has the benefit of on-street car parking. The property is a short distance from Royal Priors Shopping Centre and from Regent Court Restaurant Quarter and there are other occupiers in the immediate area such Dominos Pizza, Jaeger and Whitewall Galleries, Seasalt and Giggling Squid.

Accommodation

464 Sq Ft (43.04 Sq M).

Terms

Services
All mains services are connected to the property

Planning
A1 Retail

Tenure
A new effective full repairing and insuring lease will be available for a term to be negotiated. The tenant will also be responsible for maintaining the shop front and fascia as well as insuring the plate glass in the shop front.

Rent
£16,000 Per Annum Plus VAT. Rent is to be paid quarterly in advance

Rates
Rateable Value £12,500
Rates Payable £1,022.92 (2019/20)

Subject to occupier status, tenants may be entitled to some small Business Rates relief.

Service Charge
To be confirmed

Legal Costs
Each party will meet their own legal costs associated with this transaction

Specification

  • Situated in popular high footfall location
  • On street parking available on road and in immediate area
  • Separate 1 bedroom apartment may be available by way of separate negotiation
  • Available immediately

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £16,000.00 per annum

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Contact agents

Jonathan Blood

Wareing & Company

01926 270411



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