122B Regent Street
Leamington Spa, CV32 4NRThe Space
SMALL LOCK UP SHOP IN STRONG SECONDARY RETAIL POSITION
At a glance
| Property Type | Retail |
| Tenure | To Let |
| Size | 189 sq ft |
| Rent | £8,950 per annum |
| Business Rates | The Rateable Value is £3,450 and therefore, no rates will be payable on the basis of a business just occupying this building. |
| Energy Performance Rating | This property has been graded as D (77) |
Leamington Spa
8 mins
Warwick
40 mins
Warwick Parkway
65 mins
Kenilworth
77 mins
Chesham
1088 mins
Amersham
1121 mins
Chalfont and Latimer
1153 mins
Chorleywood
1190 mins
Key Points
- Approx. 200 Metres from Parade
- Available immediately
Description
Two long and narrow areas form a split-level L shape, off which a WC is located. Part of the space could be partitioned, if required, to create a storeroom. The net internal floor area is 189 sq ft (17.55 sqm) with the main retail area having an average depth of 23’9” (7.25m), an internal width at the front of 7’3” (2.21m) reducing to 5’5” (1.65m) at the rear.
The Location
The premises are located in a strong secondary retail position within the Town Centre, a short distance from Holly Walk / Regent Grove. The immediate vicinity comprises principally independent retailers offering a diverse range of goods and services which combine well with the large multiples further along the road and on Parade, approximately 200m to the west. Other nearby businesses include estate agent, takeaways, florist, health & beauty, amongst others.
Tenure
A new 3 year lease will be granted, the letting being outside the Security of Tenure provisions of the Landlord & Tenant Act 1954. The Tenant will be responsible for internal repairs, maintenance and decoration to include the part glazed entrance door, matching side panel, rear door and plate glass. A contribution of 3.9% towards the shared costs for the upkeep of the exterior of the building will be made if and when they are incurred.
The building insurance premium will be recovered separately with the Tenant’s contribution being 3.9%.
Rent
£8,950 per annum exclusive of VAT and service charge and all other outgoings payable quarterly in advance.