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Mixed Use for sale

Old Town Restaurant, Spencer Street, Leamington Spa, CV31

Removed 2,565 sq. ft. | £675,000

Property Description

Commercial information

  • 2,565 sq ft (238 sq m)

Key features

  • Strictly by appointment only with the sole letting agent EHB Commercial 01926 888181
  • A3 Restaurant 2788 sq.ft (259 sq.m) over two floors
  • Two one bedroom apartments let on AST's
  • One two bedroom duplex apartment let on AST
  • Residential rental income 19,500 Per Annum Gross
  • Restaurant to be sold with vacant possession
  • Grade II Listed

Full description

Tenure: Freehold

The property comprises of a mid terraced, Grade II listed building converted from two original dwellings on basement, ground and three upper floors.
The current arrangement comprises of a large restaurant with approximately 90 covers spread over ground and basement levels.
A separate doorway provides access to the two one bedroom apartments at 1st and 2nd floor level and one two bed apartment at 3rd floor level.
There was an additional apartment which was sold off on a 99 year lease at £40 pa Ground rent

Map & Street View

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