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Former Wilko's, 13-16 Lower Mall, Royal Priors, Leamington Spa, CV32 4XU
9,345 Sq Ft / Retail / General Retail
Withdrawn - Last updated: 18 April 2024
Summary
Specification Includes (approximately):
Frontage 91’10 (28m)
Depth 82’0 (25m)
Key Points
Business Rates
Rateable Value: £153,000 (April 2023)
Rates Payable: £78,336 per annum
Interested parties should verify these figures with Warwick District Council on 01926 450000.
Service Charge
The service charge for the unit is approximately £84,671 per annum.
Tenure
The property is available on a new 5 year effectively full repairing and insuring lease subject to five yearly upward only rent reviews.
Rent
£125,000 per annum exclusive of Business Rates, service charge and all other outgoings.
EPC
B44 - a copy can be made available upon request.
Legal Costs
Each Party will meet their own legal and professional costs.
Location
Leamington Spa is an historic and affluent town, with the Royal Priors Shopping Centre being the principal retail scheme. The unit is located in a prominent position on the Lower Mall.
Occupier within the scheme include New Look, The Entertainer, Superdry, Mountain Warehouse and Waterstones, amongst others. There is a 450 space customer car park.
A new Sostrene Grene store has recently opened.
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