46 Warwick Street
Leamington Spa, CV32 5JSThe Space
For Sale / To Let Great Town Centre Property Suitable for Variety of Uses
At a glance
| Property Type | Other / Retail |
| Tenure | To Let / For Sale |
| Size | 2,364 sq ft |
| Price | £500,000 |
| Rent | £35,000 per annum |
| Business Rates | £6.23 per sq ft |
| Energy Performance Rating | Upon enquiry |
Leamington Spa
10 mins
Warwick
37 mins
Warwick Parkway
61 mins
Kenilworth
74 mins
Chesham
1091 mins
Amersham
1124 mins
Chalfont and Latimer
1156 mins
Chorleywood
1194 mins
Key Points
- Available immediately
- Short stay on road parking to front
Description
The property comprises a semi-detached, two storey, self-contained building with a rendered front elevation incorporating double width shop frontage at lower level.
The Ground floor is subject to tenants fit out but both floors are typically open plan with shower/changing room facilities and WC’s at the rear of the first floor. General spec includes:
A/C Heating and cooling.
LED Lighting.
Double frontage Shop window.
Laminate floor coverings.
Suspended ceiling.
Available area
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Ground | 1,298 | 120.59 | Available |
| 1st | 1,336 | 124.12 | Available |
| Total | 2,634 | 244.71 |
The Location
The subject property is located on Warwick Street which is situated right in the heart of Leamington Town Centre.
The property is a short walk from Parade, the town’s primary retailing pitch and occupies a strong trading position which is popular with both day and nighttime trading. Notable nearby occupiers include Habano Coffee House, Rustiq Restaurant, Bedford Street Bar, Caffe Nero, Oliver Bonas, The Copperpot, Timpsons and Oxfam.
The property benefits form short-stay Pay & Display parking to the front.
Services
We understand that all mains water, gas, electricity and drainage 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 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.
Business Rates
Rateable Value: £29,500 (April 2023 List)
Rates Payable: £14,720.50 per annum
Rent / Price
The property is available by way of a new full repairing and insuring lease for a term to be negotiated at a rent of £35,000 per annum (exclusive of VAT and all other outgoings).
Alternatively, the freehold is available at a price of £500,000.
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.