02476 450045
www.drakehoward.co.uk Email: [email protected]
52/60 WARWICK STREET, ROYAL LEAMINGTON SPA, CV32 5JP
GROUND FLOOR RETAIL UNITS (Potential for Alternative Uses,
subject to PP)
695 - 4,070 sq. ft. (64.56 - 378.10 sq. m.)
Location
The property has a 90 foot (27.5 m) frontage to Warwick Street
and return to Bedford Street, in the retail heart of Leamington
Spa. The building is next to Oliver Bonas and adjacent to Parade
where nearby multiples include Boots, Cafe Nero, Moss Bros,
Barclays, McDonalds, WH Smith, H&M, The Body Shop, Holland
& Barrett and Tesco, with The Royal Priors shopping mall a
short distance. Immediately on the opposite side of Warwick Street
is Timpson, Oxfam and Meat Room and on the opposite side of Bedford
Street is Snap Galleries.
Description
The property is a three-storey former department store,
constructed of brick and blockwork around a concrete and steel
frame. Conversion works are well under way to strip out the ground
floor and convert upper floors to separate residential
accommodation. The ground floor retail unit is in shell condition,
available as a single unit or in subdivided parts, with utility
supply meters and is available for immediate fit-out and
occupation.
02476 450045
Accommodation Ground Floor Retail Internal Width Minimum Depth
Maximum Depth
88ft. (26.95m) 36ft. (10.85m) 61ft. (18.80m)
4,070 sq.ft. (378.25 sq. m) - £87,500 per annum
ServicesMains water, drainage, electricity and gas are connected
to the property.
Business Rates To be separately assessed.
Energy Performance Certificate Rating - E-112
Legal Costs
Each party will be responsible for their own legal costs
including stamp duty and VAT.
www.drakehoward.co.uk Email:[email protected]
Viewing
Strictly by appointment with the joint agents:
Drake Howard Property Ltd 4 Leofric Court Coventry CV3 2NT
Wareing & Company 38 Hamilton Terrace, Holly Walk,
Leamington Spa CV32 4LY
Martyn Howard Tel: 02476 450045 Email:
[email protected]
Mark ThompsonTel: 01926 430700Email:
[email protected]
Alternatively, the floor plate can be divided to provide the
following floor areas (net of WC's):
Unit 1 - 1,410 sq ft (130.99 sq m) - £26,500 per annum
Unit 2 - 785 sq ft (72.93 sq m) - £21,950 per annum
Unit 3 - 695 sq ft (64.56 sq m) - £20,000 per annum
Unit 4 - 695 sq ft (64.56 sq m) - £25,000 per annum - with
return frontage to Bedford Street
All figures are exclusive of VAT, service charge, building
insurance and all other outgoings.
Lease Term
The premises are available on a new lease drawn on full repair
and insurance terms for a period to be agreed.
