Town Centre Retail Premises, 75 Warwick Street, Leamington Spa, CV32 4RR

Description

Ground and lower ground floor retail unit with additional ancillary storage

Location

The premises are located in an excellent and busy trading location opposite the northern entrance to the Royal Priors shopping centre, close to the Parade and immediately next door to The Hide, a high quality apartment complex and large new retail unit which we understand is under offer.

Services

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

Tenure

The premises are offered on a new lease for a term to be negotiated, subject to internal repairing and insuring terms. The tenant will be responsible for maintaining the shop front and shop fascia, and for insuring the plate glass.

Planning

Class E (Retail)

Rent

£24,500 per annum exclusive of VAT, rates and all other outgoings, payable quarterly in advance. VAT is applicable.

Rates

The rateable value for the current year is £20,750.

Service Charge

A service charge is levied to cover a fair proportion of costs associated with the repair, maintenance and decoration of the exterior, and buildings insurance.

Legal Costs

Each party will be responsible for their own legal costs.

EPC

TBA

Well Positioned Ground and Lower Ground Floor Retail Unit

GF Retail Area: 49 sq m


Lower GF Area: 32.6 sq m

Additional Ancillary Storage

New Lease Available

Town Centre Location

Rent: £24,500 Per Annum (Exclusive)




( Agency Pilot Software ref: 518 )