34 Hamilton Terrace
Leamington Spa, CV32 4LYThe Space
TO LET / FOR SALE DETACHED PERIOD BUIDLING IN A HIGHLY REGARDED TOWN CENTRE POSITION WITH PRIVATE CAR PARK
At a glance
| Property Type | Other / Offices / Other |
| Tenure | To Let / For Sale |
| Size | 2,758 sq ft |
| Price | Offers from £1,000,000 |
| Rent | £75,000 per annum |
| Business Rates | £16,788.75 per annum |
| Energy Performance Rating | Upon enquiry |
Leamington Spa
7 mins
Warwick
40 mins
Warwick Parkway
65 mins
Kenilworth
78 mins
Chesham
1086 mins
Amersham
1119 mins
Chalfont and Latimer
1151 mins
Chorleywood
1189 mins
Key Points
- Extensively refurbished initially for restaurant use and subsequently office use.
- Self contained two storey detached period property.
- 7 car parking spaces.
- Air Conditioning and fully networked.
Description
The property comprises a two-storey detached Listed building with good roadside profile. It underwent refurbishment approximately 10 years ago to be converted into a high-quality restaurant. In 2018 planning consent was obtained for conversion to B1(a) Office use and the building benefits from:-
Air conditioning / heating systems.
Electrical rewiring, cable networking.
Excellent lighting.
New external windows.
Toilet facilities on basement, ground and first floors.
Attractive portico entrance, metal railings to the front elevation.
Enclosed patio area to the western side.
Self-contained car parking (approached via Rosefield Street at the rear).
Available area
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Basement | 699 | 64.94 | Available |
| Ground | 1,101 | 102.29 | Available |
| 1st | 819 | 76.09 | Available |
| 2nd | 139 | 12.91 | Available |
| Total | 2,758 | 256.23 |
The Location
Hamilton Terrace is a one-way road running parallel with Regent Grove, situated between Brandon Parade and Parade. The main Town Centre shopping facilities are within 150 metres and the premises can be accessed either from the southern end of Parade, or the eastern end of Regent Street via an attractive treelined boulevard.
Time limited Pay & Display car parking is available immediately outside the property and there is a surface level Pay & Display car park to the rear of the property and further public car parks are less than a 5 minute walk.
The immediate vicinity is predominantly offices which are a mixture of converted period buildings or more modern purpose-built properties. The area has attracted a number of professional companies including solicitors, accountants and surveyors. Warwickshire Justice Centre is less than 5 minutes walk away in Newbold Terrace, home to the Magistrates, County and Crown Courts as well as other justice agencies.
Services
We understand that all mains services are either connected or available for connection to the building, however, interested parties are advised to satisfy themselves that this is the case and that they are in good working order. Heating and cooling is currently supplied by air conditioning system. The agents have not tested any apparatus on site and therefore, cannot verify the conditions.
Planning
The property is listed as being of Architectural & Historic Significance. Planning consent was obtained for B1(a) Office Use (Ref W/18/1784 dated 19 December 2018) and this Change of Use was implemented.
Business Rates
Rateable Value: £30,250 (April 2023 List)
Rates Payable: circa £15,000 per annum (2025/26)
Terms
The property is available freehold with offers based on £1M invited or alternatively, on a lease at a rental of £75,000 per annum exclusive of Rates and services.
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.
EPC
An EPC in respect of the building will be available upon request.
Legal Costs
Each Party will meet their own legal and professional costs.