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UNDER OFFER

Ufton Garage, Southam Road, Ufton, Leamington Spa, Warwickshire, CV33 9PF

£895,000

£53.92 per sq ft

Business rates & charges may apply

ehB Reeves, Leamington Spa
SIZE AVAILABLE

16,600 sq ft

1,542 sq m

SECTOR

Commercial development for sale

Key features

  • Very Well Established Vacant Car Sales Site and Investment Property
  • Sales Forecourt, Storage and Offices
  • Potential Site Proprietor's Residence
  • Site Area of 0.38 Acres
  • High Profile Main Road Frontage on A425
  • Great Potential for Redevelopment
  • Currently Retail Unit and 2 Bedroom Bungalow Investment
  • Potential Investment Income of £17,400 pa exclusive

Description

PRICE REDUCTION

A very well established car sales site with two workshops, and offices, compound, car parking and display forecourt, shop unit, bungalow, double garage and garden for sale freehold.

Development potential (subject to planning)

The Ufton Garage site is situated in the heart of the picturesque village of Ufton, a most prominent location on the Southam Road (A425) almost midway between Royal Leamington Spa and the market town of Southam. The site is identified on the attached location plan.

All mains services are connected to the site. The garage benefits from three-phase electricity. Each part has separate gas and electricity services and the water main is sub-metered to the three constituent parts.

The property is to be sold Freehold, subject to vacant possession of the Ufton Garage and subject to vacant possession of the shop unit and the bungalow.


Freehold Price (Reduction)
Offers invited in excess of £895,000 for the freehold interest.

The rateable values for the current year are:
Ufton Garage Site £10,750
Shop Unit £3,050

Council Tax
Bungalow Council Tax Band B

Each party will meet their own legal costs.

Ufton Garage Car Sales Unit C74
Shop C51
Bungalow E54

Very Well Established Vacant Car Sales Site and Investment Property

Sales Forecourt, Storage and Offices

Potential Site Proprietor's Residence

Site Area of 0.38 Acres

High Profile Main Road Frontage on A425

Great Potential for Redevelopment

Currently Retail Unit and 2 Bedroom Bungalow Investment

Potential Investment Income of £17,400 pa exclusive

Brochures

Ufton Garage, Southam Road, Ufton, Leamington Spa, Warwickshire, CV33 9PF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leamington Spa Station4.3 miles

About ehB Reeves, Leamington Spa

Somerset House Clarendon Place, Royal Leamington Spa, CV32 5QN

ehB Reeves, Leamington Spa

ehB Reeves is a dynamic professional firm of Chartered Surveyors, Commercial Estate Agents and Commercial Property Consultants in the West Midlands, offering experience across all sectors of the commercial property market.

Our core services include sales, lettings, and acquisitions, management, valuations, investment, rent reviews, lease renewals and corporate property advice, landlord and tenant advice, and rating of commercial property to include offices, shops, warehouses, industrial

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Notes

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Disclaimer - Property reference 595FH. 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 ehB Reeves, 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.

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