47-49 Warwick Street

At a glance

Key Points

• Great town centre location Close to the Parade
• Available Immediately on New Lease with Vacant Possession
• To be handed over in shell condition

Description

The properties itself comprises:

A Ground floor, Self Contained Retail Premises occupying a prominent corner plot.
Shop Width 9.27 m x Shop Depth 17.62 m to safe wall.
To be handed over in shell condition.
Mains electric, water and drainage brought to site ready for tenants to connect.
External bin store and rear servicing.
Parking space may be available by way of separate negotiation.

The Location

The property is situated on the popular retailing pitch of Warwick Street, right in the heart of Leamington Spa town centre and a short distance from The Parade (the town’s primary retailing pitch).

Royal Leamington Spa is an attractive and affluent Spa town located in the heart of Warwickshire, approximately 2 miles east of Warwick, 8 miles South of Coventry and 18 miles southeast of Birmingham.

The town provides an attractive retail environment, comprising Regency and Victorian architecture set along wide, boulevard style streets. The town boasts a wide range of major national retailers as well as high end boutique style retailers and strong independent provision for both fashion and speciality shopping.

Notable nearby occupiers include: Café Nero, Esquires, Green King, Oliver Bonas, Oxfam and Tesco.

Tenure

The property is available by way of a new effective full repairing and insuring lease by virtue of a service charge on terms that are to be negotiated at a quoting rent of £45,000 P.A.X.

Please note that all figures quoted are exclusive of VAT which is applicable.

Service Charge

An estate service charge will be levied to contribute towards the maintenance and upkeep of the rear service yard. Tenants will also contribute a fair proportions towards the maintenance and upkeep of the external and common areas of the building.

Services

We understand that mains electricity, water and draining will be brought to site ready for prospective tenants to connect to. 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 purposes. Interested parties are advised to make their own enquiries of Warwick District Council Planning Department on 01926 456760.

EPC

E104 - A copy of which can be made available upon request.

Business Rates

Estimated Rateable Value: £37,000
Estimated Rates Payable: £18,463