7 Bedford Street, Leamington Spa, Warwickshire, CV32 5DY
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial development for sale
Key features
- Rare Town Centre Development Site
- Site Area of 151.6 sq.m. ( 1,631sq.ft.) Approx
- Planning for Five Floors of Modern Office/Studio Accommodation
- Residential Possibilities (STPC)
Description
An interesting town centre redevelopment site, currently a retail unit with ancillary storage and yard with planning consent for an impressive five storey commercial building which would provide modern open plan offices on all floors. Significant residential possibilities subject to planning consent.
Location
Bedford Street is located in the heart of Leamington Spa town centre, running parallel to the Parade, linking Regent Street to Warwick Street, a location with occupiers such as Marks & Spencer, Lee Longlands, bars, restaurants and business space. With the conversion of the former House of Fraser to high quality modern offices, soon to be occupied by major computer game development company Sumo Group. Leamington Spa is now an international name in this sector, home to Playground Games, Kwalee, Unit 2 Games, Pixel Toys, Ubisoft and Codemasters amongst others.
Services
All mains services are available for connection to the site.
Tenure
The property is to be sold freehold subject to vacant possession. The vendor will consider a sale and lease back option on a short term basis if required.
Planning
Class E at present with planning consent, under application number W/23/0184, for a new build.
Rent
Offers based on £600,000 for the freehold interest.
Rates
The rateable value for the current year is £13,000.
Legal Costs
Each party will be responsible for their own legal costs.
EPC
B 43
Rare Town Centre Development Site
Site Area of 151.6 sq.m. ( 1,631sq.ft.) Approx
Planning for Five Floors of Modern Office/Studio Accommodation
Residential Possibilities (STPC)
Brochures
7 Bedford Street, Leamington Spa, Warwickshire, CV32 5DY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leamington Spa Station0.4 miles
- Warwick Station2.0 miles
- Warwick Parkway Station3.2 miles
About ehB Reeves, Leamington Spa
Somerset House Clarendon Place, Royal Leamington Spa, CV32 5QN
ehB Reeves is a dynamic professional firm of Chartered Surveyors, Commercial Estate Agents and Commercial Property Consultants in the West Midlands, offering experience across all sectors of the commercial property market.
Our core services include sales, lettings, and acquisitions, management, valuations, investment, rent reviews, lease renewals and corporate property advice, landlord and tenant advice, and rating of commercial property to include offices, shops, warehouses, industrial
Notes
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