6 Bedford Street comprises a ground and first floor retail unit. In recent years the building underwent a significant refurbishment program both internally and externally and won a Leamington Spa Design Award. The premises, a prominent corner unit, currently trades as a retail unit and reception affiliated to a gym and therapy centre (next door), and was formerly the “streetwear” retailer, Kong, for many years prior to that. Kong run a very successful retail unit having relocated directly over the road to larger premises.
( Agency Pilot Software Ref: 472 )
Location
Bedford Street, located in the heart of Leamington Spa’s town centre, runs parallel to the Parade and is identified on the attached street map. Nearby traders include Marks & Spencer, House of Fraser, Lee Longlands and the Bedford Street Wine Bar. The area boasts a wide selection of traders including restaurants, coffee shops, interior design boutiques and clothing shops. It is only minutes from Parade and the town’s prime retail and entertainment venues, as well as fine period and modern housing.
There is limited on street car parking very close to the premises with further local authority pay and display parking being available in a number of multi-storey car parks, and on street parking within a short walking distance.
Accommodation
Ground Floor Retail Area Net internal width 4.47m, maximum depth 8.42m
Net retail area 32.16 sq m. (346 sq ft)
First Floor Retail Area 29.64 sq m. (320 sq ft)
Terms
Services Mains electricity is connected to the shop. Water and drainage are housed within the communal area of the building, off Windsor Place.
Rating Assessment The rateable value for the year 2020/2021 is £XXX and, subject to status, the rate payer may be entitled to 100% small business rates relief.
Lease The premises are offered on a new lease for a term to be negotiated subject to a minimum period of three years. The shop would be held on internal repairing and insuring terms.
Service Charge A service charge is levied by the landlord to cover a fair proportion of costs relating to the maintenance and cleaning of the common areas and the exterior of the building.
Rent £XXX per annum (exclusive), payable quarterly in advance. Location As indicated on site by the agent’s board and as identified on the attached street map.
Costs Each party will be responsible for their own legal costs associated with the transaction.
EPC Rating F 146 and G 193 (to be reassessed)
Specification
- Great Location In Leamington Spa
- On Two Floors
- Close to Parade, Marks & Spencer and House of Fraser
- New Flexible Lease
- Available Now