Unit 1, 40 Warwick Street
Leamington Spa, CV32 5JSThe Space
SELF CONTAINED LOCK UP SHOP PREMISES IN SOUGHT AFTER TOWN CENTRE LOCATION
At a glance
| Property Type | Retail |
| Tenure | To Let |
| Size | 702 sq ft |
| Rent | £19,000 per annum |
| Business Rates | £6,736.50 per annum |
| Energy Performance Rating | This property has been graded as C (51) |
Leamington Spa
10 mins
Warwick
37 mins
Warwick Parkway
61 mins
Kenilworth
74 mins
Chesham
1091 mins
Amersham
1125 mins
Chalfont and Latimer
1156 mins
Chorleywood
1194 mins
Key Points
- Suitable for variety of uses
- Short stay on road parking to front
- Available immediately on new lease
Description
The property comprises the ground floor of a mid-terrace commercial building providing retail sales area with separate store, kitchen and WC located to the rear of the property.
The shop is currently fitted with an LVT floor, neutrally decorated and has a suspended ceiling incorporating lighting.
Heating is by way of a gas fired central heating system.
Accommodation:
Dimensions 6.24m (width) by 11.45m (depth)
Sales area 702 Sq Ft (65.24 Sq m)
Rear store 49 Sq Ft (4.56 Sq M)
Kitchen 33 Sq Ft (3.08 Sq M)
Office 96 Sq Ft (8.79 Sq M)
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.
EPC
C-51
Tenure
The property is available by way of a new effective full repairing and insuring lease by virtue of a service charge.
Service Charge
A service charge will be levied to cover a proportion of external repairs and decoration as well as a proportion of the insurance premium of the property as a whole. Further details available upon request.
Business Rates
Rateable Value: £13,500
Rates Payable: £6,736.50 per annum
Subject to occupier status, some small business rates relief may be applicable.
Rent
£19,000 Per Annum excl VAT.
VAT
VAT is applicable on this transaction.