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£71,225 per annum

2nd Floor, Walton House, 11-13 Parade

Leamington Spa, CV32 4DG

The Space

Modern Open Plan 2nd Floor Office Accommodation

At a glance

Property Type Offices
Tenure To Let
Size 3,850 sq ft
Rent £71,225 per annum
Business Rates £21,082.75 per annum
Service Charge £6 per sq ft
Energy Performance Rating This property has been graded as B (45)

Leamington Spa
12 mins


Warwick
39 mins


Warwick Parkway
63 mins


Kenilworth
73 mins


Chesham
1092 mins


Amersham
1125 mins


Chalfont and Latimer
1157 mins


Chorleywood
1194 mins


Key Points

  • Available Q2 2024
  • Sought after Town Centre location close to shops, restaurants and bars
  • Short walk to Leamington Train Station
  • On site parking for 6 cars

Description

The property itself has been refurbished to a high specification and comprises:

Largely open plan, second floor office accommodation
Carpet Tile floor coverings.
Perimeter Trunking & Floor boxes
LED panel Lighting
Air Conditioning cooling and heating
Reception & Board room
Kitchen, Ladies & Gents WC’s
Lift access off landing hallway
On site parking for 6 cars

The Location

The subject property is situated on the Parade, which comprises an attractive parade of period properties. These are thought to have been constructed in the early 1800’s and now are occupied for commercial use.
The Parade itself is deemed as the Town’s primary retail location proving popular with both national and independent retailers and f&b operators.
The majority of the upper floor accommodation in the surrounding area is either office space or has been converted back to residential.
The property is easily accessible by vehicle with access to the car park from Guy Street and is a 10- minute walk from Leamington Station which provides access to London Marylebone (1hr 15 mins), Birmingham Grand Central (40 mins) and Birmingham NEC/Airport (30 mins).

Services

We understand that mains electricity & water 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 any apparatus on site and therefore, cannot verify the conditions.

Planning

We understand that the property has the benefit of planning permission for User Class E (g) (i) general office use purposes. Interested parties are advised to make their own enquiries of Warwick District Council Planning Department on 01926 456760.

Business Rates

Estimated Rateable Value: £42,250
Estimated Rates Payable: £21,082.75

Service Charge

A service charge will be levied to contribute towards the external and communal maintenance & Upkeep of the building. This currently runs at c. £6psf. Excl.

Tenure

The property is available by way of a new effective full repairing and insuring lease for a term to be agreed at a Quoting Rent of £71,225 P.A.X.

VAT is applicable.

£71,225 per annum

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