50 Tavistock Street

At a glance

Key Points

• Currently fitted out as a licenced premises however, will consider other uses.
• Benefits from Class E planning consent, suitable for retail, cafe, wellness, clinic, and other commercial uses.
• Former licensed premises with existing bar infrastructure and WC's reducing fit out time and cost for leisure operators.

Description

The property comprises a prominent ground floor, self-contained commercial unit, occupying a highly visible position on Tavistock Street in the heart of Royal Leamington Spa.

The accommodation extends to approximately 814 sq ft (75.62 sq m) gross internal area, with overall dimensions of 7 m by 10.765 m. The space is predominantly open-plan, providing an adaptable trading area suitable for a wide range of Class E uses, including retail, café, wellness, or leisure.

The unit benefits from existing infrastructure (which has recently been upgraded) associated with its former use as a licensed premises, including WC facilities and rear servicing potential, making it especially appealing for operators in the hospitality, fitness, or experiential retail sectors.

The Location

The property is prominently positioned on Tavistock Street, close to Warwick Street, within the town’s central retail and leisure circuit. Tavistock Street / Warwick Street are home to a strong mix of independent retailers, national brands, cafés, and salons, making it a popular destination for boutique shopping and lifestyle services throughout the day.

Tavistock Street is close to Parade – the town’s main shopping spine – and benefits from steady pedestrian traffic making it ideally suited for a wide range of retail, café, and leisure occupiers.

Royal Leamington Spa is an affluent and architecturally distinctive town in the heart of Warwickshire, offering a vibrant retail and leisure environment. Known for its high-quality independent retail alongside established high street brands, Leamington has a diverse catchment population and attracts a significant number of tourists, students, and professionals.

The town benefits from a high proportion of AB demographics, a growing creative and digital economy, and a lively food and drink scene, particularly concentrated around Warwick Street, Regent Street, and the Parade. With strong transport connectivity to Birmingham, Coventry, and London, and a consistent demand for experiential retail and leisure uses, Leamington Spa presents an excellent opportunity for expanding or emerging Class E operators.

Lease Term / Rent

The premises are available by wany of a new effective full repairing and insuring lease for a term to be negotiated at a quoting rental of £30,000 per annum (exclusive).

We are advised VAT will be applicable.

Planning

We understand that the property benefits from planning consent for uses falling within Class E of the Use Classes Order, including retail and other commercial uses. Interested parties are advised to make their own enquiries of Warwick District Council Planning Department on 01926 456760.

EPC

C91: A copy can be made available upon request.

Anti Money Laundering

The Money Laundering Regulations require us to conduct checks upon all Purchasers including Tenants. Prospective Purchasers will need to provide proof of identity and residence. For a company any person owning more than 25% must provide the same.