Warwick Street

To Let
To Let
£12,000 pa
Commercial, Other

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Property Summary

31a Warwick Street, Leamington Spa, CV32 5JX 

  • ANNUAL RENTAL: £12,000

  • GROUND FLOOR LOCK UP SHOP

  • LARGE GLASS DISPLAY

  • BUSY TRADING LOCATION

  • MAIN ROAD FRONTAGE

  • BASEMENT STORAGE

  • FLEXIBLE LEASE TERMS


Warwick Street is located off The Parade, Leamington Spas prime shopping location. It is a busy shopping location with several private traders as well as a number of multiples.

The Property forms an end terrace period property. The shop is situated on the ground floor with a large glass display. Entrance is via glazed Wooden pedestrian door directly off the Warwick Street. The Accommodation in detail comprises:

 

Shop Unit

43.5 sq.m. (468 sq. ft.) Having a large window display with lighting and wooden floor

 

Basement

20.25 sq. m. (218 sq. ft.) The basement is suitable for storage only and part of it has restricted height

 

Basement Toilet

With low level W.C. and wash hand basin and water heater

 

Basement Kitchen

With stainless steel sink unit with drainer and water heater

 

Services

Electric and water are connected to the property. The shop is totally self-contained and is metered separately. Telephone lines are installed but are subject to the telephone company transfer regulations

 

Rating Assessment

The rateable value of the shop is £10,500 and the annual rates payable are approximately £5,155. However, if this is the tenants only property a 100% discount via the small business rate relief is available so nil rates will be payable. Full details may be obtained from Warwick District Council Business Rates Department [use Contact Agent Button]

Rental

£12,000 per annum payable monthly in advance by direct debit

 

Viewing

Strictly by appointment through the letting agents, Sandhu Estates

 

Directions

From the agents office proceed north along The Parade and turn left at the lights into Warwick Street; number 31 is situated a few hundred yards along, on the right-hand side on the corner of Russell Street

 

Planning

The property has a use class of A1 (general retail)

 

Parking

Apart from restricted on-street parkin there is a council pay and display car park situated nearby off Russell Street.

 

References

The grant of a lease shall be subject to the receipt of satisfactory bank and trade references.

 

Deposit

A Deposit of £1200 will be required.

 

Building Insurance

The tenant will reimburse the landlord a proportion of the building insurance, currently £500 per annum

 

Lease

The term of the lease is negotiable, subject to a minimum of 3 years

 

Costs

The incoming tenant will be responsible for paying the Landlords solicitors costs for preparing the lese of £500 plus VAT

If You Would Like to Arrange a Viewing of This Property Contact Sandhu Estates Office.