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Retail / Leisure / Office / Restaurant, 91-93 Regent Street, Leamington Spa, CV32 4NT

5,264 Sq Ft / Retail / General Retail

To Let - £70,000.00 per annum

Available - Last updated: 28 May 2022

The subject property comprises a stunning mid terraced period property arranged over four floors.

The property is believed to date back to 1810 and was one of the first buildings to be built North of the River Leam.

This property was operated as a Public house up until 1988 and has since been occupied by a bank. During the bank’s occupation, the ground floor was used for public meet and greet / retailing with the upper floors being used for office accommodation and ancillary basement storage.

The property would lend itself well to a variety of different uses S.T.P.P.

Floor plans of the property are available upon request.

Location

The property is situated on Regent Street, a short walk from the Parade, Leamington Spa’s prime retailing pitch.

Located in the heart of the Town Centre, the building is within close proximity of the south entrance of the Royal Priors Shopping Centre and Regent Court, which is widely revered to be the town’s restaurant quarter.

Retailers in the immediate vicinity include Bang & Olufsen, Fat Face, Cologne & Cotton, L’Occitane, Farrow & Ball, Crew, Giggling Squid and Seasalt.

Leamington spa itself is an affluent Spa town situated in South Warwickshire in the West Midlands. Its population is roughly 45,000 with a believed catchment of c. 650,000 within a half hours drive.

The town is popular amongst students of Warwick University, both young and established professionals, families, those who are of retirement age and more recently, those commuting to London and Birmingham.

Accommodation

The accommodation is greater detail comprises:-

Basement - 916 sq ft (85.10 sq m)

Ground Floor - 2,153 sq ft (200.02 sq m)

First Floor - 1,060 sq ft (98.48 sq m)

Second Floor - 1,135 sq ft (105.44 sq m)

Total - 5,264 sq ft (489.04 sq m)

Terms

Services - We understand that all main services are connected to the site however, interested parties are advised to satisfy themselves that this is the case and that they are in good working order. The agents have not tested the apparatus on site and therefore, cannot verify the conditions.

Planning - Use Class E under the Town & Country Planning Use Classes Order as amended.

EPC - E121 – A copy of the EPC certificate can be made available upon request.

Business Rates:

Rateable Value £70,000

Rates Payable £34,510

Tenure - The property is available on a new full repairing and insuring lease for a term to be negotiated at a rent of £70,000 per annum excl.

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

Specification

  • Available immediately by way of a new lease.
  • Situated in sought after Town Centre location.
  • Historic 3 storey premises with basement and rear access via Satchwell Court.
  • Suitable for a variety of different uses STPP.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £70,000.00 per annum

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Contact agents

Jonathan Blood

Wareing & Company

01926 270411



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