Skip to content

Warwick New Road, Leamington Spa

£6,250 pcm
£75,000 pa

£10.42 per sq ft

Business rates & charges may apply

Loveitts, Coventry
SIZE AVAILABLE

7,201 sq ft

669 sq m

SECTOR

Commercial property to lease

Lease details

Lease available date:
Ask agent

Key features

  • New Lease Available
  • Rent: £75,000 p.a. excl.
  • Area (GIA): 7201 ft² (669.0 m²)
  • EPC: C(66)
  • Council Tax Band: G
  • Use: Class C2

Description

This attractive double fronted period property offers characterful former care home accommodation with ample parking and strong potential for alternative uses. With spacious ensuite rooms and generous communal areas, it presents an appealing opportunity for conversion to a boutique hotel or similar, subject to the required consents.

Description - The property comprises an attractive double fronted period building of some character previously occupied as a residential care home (C2 use) comprising ensuite bedroom accommodation at both ground floor and first floor level together with catering facilities and residents communal lounge areas. The property has a decent tarmacadam laid forecourt providing ample outside parking. The property lends itself to a variety of possible uses including potentially as a boutique hotel or similar in addition to the former residential care use (subject to any necessary consents).

Location - Situated on the A445 and an ideal position with easy access to both Leamington Spa's town centre as well as Warwick and the Midlands motorway network, Warwick New Road is a prestigious local address. There are a wealth of retail units, restaurants and bars within a mile of the building. Jaguar Landrover is approximately nine miles away at Gaydon and The University of Warwick is approximately seven miles away.

Accommodation - Area (GIA): 7201 ft² (669.0 m²) spread across four floors including the basement.

Tenure - The property is available to let on a fully repairing and insuring leases at a rent of £75,000 p.a. exclusive.

Services - The unit is connected to mains services including electricity, gas, water, and drainage. Prospective purchasers should make their own enquiries regarding the availability of broadband, and three-phase power to ensure suitability for their operational needs.

Planning - Presently Class C2 as defined by the Town & Country Planning Act (Use Classes Order).

Viewing - To arrange a viewing please contact the Commercial Team on or (Option 2)

Energy Performance Certificate - The property has an EPC rating of C(66).

Business Rates & Council Tax - As the property is currently classified as a care home, it falls under domestic use and is therefore liable for council tax at Band G. If it is redeveloped for commercial use or a similar purpose, it is likely to become liable for business rates and a new rateable value would need to be assessed.

Vat - VAT is not charged on the property.

Legal Costs - Each party to pay their own legal fees.

Brochures

Warwick New Road, Leamington Spa

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leamington Spa Station0.7 miles
  • Warwick Station1.4 miles
  • Warwick Parkway Station2.6 miles

About Loveitts, Coventry

29 Warwick Row, Coventry, CV1 1DY

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34526407. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Loveitts, Coventry. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.