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Retail Property (high street) for sale

Bedford Street, Leamington Spa

£145,000

Property Description

Key features

  • Shop
  • Recently refurbished
  • Investors
  • Rental currently 750pcm
  • Yield of 6% return

Full description

Tenure: Leasehold

The Retail Unit has A1, A2 & A3 use in place and being centrally located is ideal for a new or exisiting business.  It comprises the main room, Kitchen, WC and storage.


Currently achieving a rental yield of 6%


Shop/retail unit  rented at £9,000 per year (£750pcm) new lease started May 2015 for 3 years.


To be purchased with NEW LEASEHOLD with sitting tenant.

RETAIL UNIT


Main Room - 30' x 12'


With wood flooring, lighting and understairs storage, opens to kitchen area with base units and sink.  Rear Access


WC


Wash hand basin, WC

Location - Situated in the heart of Leamington Spa town close to the beautiful parks and gardens of Leamington Spa and within minutes walk of the main Parade the property is situated in a very sought after location. With the train station a short walk away with hourly trains taking just over one hour to London, Leamington Spa is convenient for everything with a great choice of high street and boutique shops, restaurants, cafes and bars, offering a unique shopping, dining and cultural experience. With its stunning architecture, tree lined avenues, squares, parks and gardens, it is a very popular place to live.


At present the shop is combined with the freehold of the apartment above and a new leasehold agreement will need to be drawn up through solicitors at an additional cost to split the deed.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.


Energy Performance Certificates (EPCs)

Map & Street View

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