Retail Property (high street) to rent110 Parade, Leamington Spa, Warwickshire, CV32
227 sq. m. | £55,000 pa| £4,583 pcm
- 2,443 sq ft (227 sq m)
- Attractive double-fronted ground floor shop
- First and second floor ancillary accommodation
- Georgian-style building
- New 10 or 15 year lease
Royal Leamington Spa ranks 24th most affluent area in Great Britain (PROMIS 2009) and is an established sub-regional shopping centre with a population of 479,000 (10 mile radius 2016 Estimate) and a retail catchment population of 1.7M with a total spend of £330M (CACI 2010). Of this retail catchment 32% are Social Class AB and 25% earn more than £45,000 - both percentages being significantly above national average (CACI 2009) - Leamington Spa attracts 72% market share in its primary retail catchment.
The property consists of an attractive double-fronted ground floor shop with first and second floor ancillary accommodation, set in an terraced, Georgian-style building.
There is rear loading and one car space.
|SQ M||SQ FT|
|Internal Width (front)||5.54||18.2|
|Internal Width (rear)||4.06||13.4|
|SQ M||SQ FT|
|Ground Floor Sales||110.55||1190|
|Units in Terms of Zone A||615|
|Ground Floor Cupboard||0.93||10|
|SQ M||SQ FT|
|First Floor Ancillary||44.87||483|
|Second Floor Ancillary||32.33||348|
|Third Floor||Sealed Off|
|Rear Yard||1 car space and rear loading|
Current use of the premises is a retail shop within Class A1 of the Schedule to the Town & Country Planning (Use Classes) order 1987.
New 10 or 15 year lease, on full repairing and insuring terms, subject to five-yearly rent reviews.
The exemption on this property has been waived, so VAT will be charged on the rent and any other relevant costs.
Each side to pay their own legal costs.
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- Leamington Spa (0.3 mi)
- Warwick (2.0 mi)
- Warwick Parkway (3.2 mi)
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