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COMMERCIAL

18-20 The Parade, Leamington Spa

Guide Price
£2,000,000
Peter Clarke & Co, Stratford-Upon-Avon - Commercial
PROPERTY TYPE
Commercial Property
SIZE
5,839 sq. ft.
(542 sq. m.)

Property description

Tenure: Freehold

LOCATION
Leamington Spa is a thriving Spa town offering excellent shopping, sporting, cultural, social and recreational facilities. It is within easy reach of many of the industrial and commercial centres of the Midlands as well as the M40 motorway and surrounding train stations providing good access to London. Stratford-Upon-Avon and the Cotswolds are close to hand.

18-20 The Parade is situated at the northern end of The Parade, which is one of the prime retail locations in Leamington Spa. Nearby occupiers include McDonalds, Tesco and Caffé Nero.

DESCRIPTION
An impressive and substantial Grade II Listed Regency building with accommodation arranged over five floors, including basement. The property, which is offered with vacant possession, includes a lock-up ground floor retail unit together with its own basement, a basement hairdressing salon and office accommodation situated on ground, first, second and third floors. There are two internal staircases with ancillary accommodation and WCs to the rear, including a private car park providing eleven spaces.

The property will appeal to investors, as well as owner occupiers.

ACCOMMODATION
No. 20 - Ground Floor Shop
Internal Width - 18'10" (max.)
Retail Depth - 34'10"

Retail Unit with front glazed display bay - 679 sq.ft. (63.08 sq.m.)
Rear Amenity Area - 64 sq.ft. (5.94 sq.m.)
Basement - 1002 sq.ft. (93.08 sq.m.)
Staff Kitchen - 128 sq.ft. (11.89 sq.m.)

Approx. Net Internal Area - 1,873 sq.ft. (173.99 sq.m.)

No. 18 - Basement Hairdressing Salon
Hairdressing Salon - 877 sq.ft. (81.47 sq.m.)
Rear Staff/Kitchen - 72 sq.ft. (6.68 sq.m.)

Approx. Net Internal Area - 949 sq.ft. (88.16 sq.m. )

18-20 Parade - Offices
Ground Floor - 1147 sq.ft. (106.56 sq.m.)
First Floor - 1573 sq.ft. (146.13 sq.m.)
Second Floor - 1542 sq.ft. (143.25 sq.m.)
Third Floor - 577 sq.ft. (146.50 sq.m.)

Total Approx. Net Internal Floor Area - 5839 sq.ft. (542.44 sq.m.)

Car Park
The property includes a rear car park, which is currently marked out for eleven spaces, together with the vehicular right of way to the rear.

AMENITIES
The building has all mains services with gas central heating boilers heating the offices.

TERMS
The property is offered for sale Freehold with vacant possession. The rear car park will benefit from a vehicular right of way to Tavistock Street.

OUTGOINGS
The rateable value of the premises is understood to be:

18 Parade Basement Hair Salon - £17,250
20 Parade Shop Premises - £28,000
18-20 Parade Ground to Third Floor Offices - £56,000

VAT
All prices and rents are quoted exclusive of VAT, which may be payable in addition.

VIEWING
Strictly by appointment through the Sole Selling Agents:

Brochures

2017 - A4 Landsca...

18-20 The Parade, Leamington Spa

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leamington Spa Station0.6 miles
  • Warwick Station2.0 miles
  • Warwick Parkway Station3.2 miles

About the agent

Peter Clarke & Co, Stratford-Upon-Avon - Commercial

53 Henley Street, Stratford-Upon-Avon, CV37 6PT

Peter Clarke & Co, Stratford-Upon-Avon - Commercial

We are an independently owned and run chartered surveying practice operating from offices in the heart of Stratford upon Avon, Leamington Spa and Birmingham City centre.

We specialise in providing quality commercial property advice throughout the Midlands to corporate clients, government bodies and private individuals.

More properties from this agent

Notes

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Disclaimer - Property reference 100569024343. 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 Peter Clarke & Co, Stratford-Upon-Avon - Commercial. 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.

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