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£41,500 pa

The Parade, Royal Leamington Spa, CV32 4DW

Property Description

Prime Lock-Up Retail Unit together with substantial Basement Storage * Total Net Internal Retail Area 679 sq.ft. (63.08 sq.m.) * Basement 1,002 sq.ft. (93.08 sq.m.) plus Amenity Areas * Prime Retail Location next to Tesco * Period Building with Prominent Frontage

  • DETAILS

    LOCATION
    Leamington Spa is a thriving Spa town offering excellent shopping, sporting, cultural, social and recreational facilities. It is within easy reach of many of the industrial and commercial centres of the Midlands as well as the M40 motorway and surrounding train stations providing good access to London. Stratford-Upon-Avon and the Cotswolds are close to hand.

    20 The Parade is situated at the northern end of The Parade, which is one of the prime retail locations in Leamington Spa. Nearby occupiers include McDonalds, Tesco and Caffé Nero.

    DESCRIPTION
    A prime lock-up unit, together with substantial basement storage. Situated in an impressive Grade II Listed Regency building with prominent display frontage.

    ACCOMMODATION
    Internal Width - 18'10" (max.)
    Retail Depth 34'10"

    Retail Unit with Front Glazed Display Bay - 679 sq.ft. (63.08 sq.m.)
    Rear Amenity Area - 64 sq.ft. (5.94 sq.m.)
    Basement - 1,002 sq.ft. (93.08 sq.m.)
    Staff Kitchen - 128 sq.ft. (11.89 sq.m.)

    Total Net Internal Floor Area - 1,873 sq.ft. (173.99 sq.m.)

    TERMS
    A new effective full repairing and insuring lease for a term of ten years, with a rent review at five years.

    OUTGOINGS
    The rateable value is understood to be £28,000.

    VAT
    All prices and rents are quoted exclusive of VAT, which may be payable in addition.

    LEGAL COSTS
    Each party is to bear their own legal costs.

    SERVICE CHARGE
    External decorations, repairs and contribution to any communal services (such as alarm system) are recovered by way of a service charge calculated by reference to floor area pro-rata.

    VIEWING
    Strictly by appointment through the Sole Selling Agents - Peter Clarke & Co LLP.
    Contact Either: - Andrew Clarke MRICS Tel: 01789 415444. Email: andrew@peterclarke.co.uk. Or Stephen Werner MRICS Tel: 01926 429400 or Direct Line: 01926 340996. Email: stephen@peterclarke.co.uk

    Leamington Spa Stratford upon Avon
    01926 429400 01789 415444

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Agent details

Peter Clarke & Co

53 Henley Street & 1 Meer Street, Stratford upon Avon, Warwickshire, CV37 6PT

01789 415 444

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