1 Park Street, Leamington Spa, CV32 4QN

£390,000

Size

1,006

Tenure

Freehold

EPC

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Parking

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Primary use
High street retail
Frontage
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No floor / site plan

Key features

  • Freehold hairdressing salon with ancillary first floor accommodation
  • Great town centre lcoation
  • Car parking close by
  • Passing Rent £27,500 per annum

Description

Fitted ground floor hairdressing premises.
First floor staff and toilet accommodation.
Rear service access.

The property is located at the northern end of Park Street which is a well-established secondary retailing location in the heart of Royal Leamington Spa.

Park Street is a one-way street, north to south, where there is time limited on street ‘Pay & Display’ car parking permitted as well as there being the Royal Priors multi-storey car park (500 spaces) close by.

The surrounding area is characterised by a diverse mix of independent boutiques, retail operators, hairdressers, barbers and cafes, creating a lively commercial environment with strong levels of pedestrian footfall.

Leamington Spa is an affluent and attractive Warwickshire Town, well regarded for its strong retail / leisure offering and excellent transport links, making it a popular destination for both national and independent retailers.

We understand that all mains services are connected to the property however, interested parties are advised to satisfy themselves that
this is the case and that they are in good working order. The agents have not tested any apparatus on site and therefore, cannot verify the conditions.

We understand that the property has the benefit of planning permission for User Class E (Commercial, Business and Service) purposes. Interested parties are advised to make their own enquiries of Warwick District Council Planning Department on .
The property is Grade II Listed and is within a Conservation Area.

D94 - A copy can be made available upon request

Rateable Value: £15,500 (2026 List)

The premises are held on a 10-year lease from 24th June 2018, expiring 23rd June 2028, at a rent of £27,500 per annum.

The Tenant is Laura Kenny and Caroline Moulding. A rent deposit of £12,500 is held by the landlord.
The Tenant is responsible for keeping the premises in clean and tidy and good and substantial repair and condition and for reimbursing the insurance premium in connection with insuring the premises.

The property is available freehold at a price of £390,000 subject to occupational lease and subject to contract.

Each Party will meet their own legal and professional costs.

The Money Laundering Regulations require us to conduct checks upon all Purchasers including Tenants. Prospective Purchasers will need to provide proof of identity and residence. For a
company any person owning more than 25% must provide the same.
Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

1 Park Street, Leamington Spa, CV32 4QN

NEAREST STATIONS

National Rail

Leamington Spa Station

0.46 miles

National Rail

Warwick Station

2.09 miles

National Rail

Warwick Parkway Station

3.36 miles

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Disclaimer - Property reference 390086-1. 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 Wareing & Company, Leamington Spa . 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.