119 Regent Street, Leamington Spa, Warwickshire, CV32 4NU
£819.67 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
854 sq ft
79 sq m
- SECTOR
Commercial property for sale
Key features
- Current Rental Income of £53,080 per annum
- Well Let Retail Unit and Two Apartments
- Excellent Vibrant Town Centre Location
- Refurbished 15 Years Ago
- Sought After Secondary Retailing Location
- Fully Let and Income Producing
- Close to Prime Retail and High Quality Hospitality Sectors
Description
Freehold Investment in Leamington Spa Town Centre
Location
Regent Street is located in the heart of Leamington Spa, bisecting the prime retailing location known as the Parade. The site is identified on the attached street map. This popular secondary retailing zone is serviced by on-street and multiple car parks, excellent public transport, and is a short walk from many local amenities including the famous parks and gardens of Leamington Spa.
Services
All mains services are connected to the properties and are independent to each unit.
Tenure
Subject to the freehold title, lease of 119 Regent Street and AST of 9 & 10 Satchwell Walk.
Rent
Freehold price: £700,000.
We are advised the property is VAT elected. VAT is payable in respect of the commercial rents, however VAT is not applicable on the flat rents.
Rates
The rateable value for the current year is £22,500
Council Tax Band for 9 Satchwell Walk is: Band A
Council Tax Band for 10 Satchwell Walk is: Band A
Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction.
EPC
119 Regent Street: C-51
9 Satchwell Walk: C-70
10 Satchwell Walk: D-68
Current Rental Income of £53,080 per annum
Well Let Retail Unit and Two Apartments
Excellent Vibrant Town Centre Location
Refurbished 15 Years Ago
Sought After Secondary Retailing Location
Fully Let and Income Producing
Close to Prime Retail and High Quality Hospitality Sectors
Brochures
119 Regent Street, Leamington Spa, Warwickshire, CV32 4NU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leamington Spa Station0.4 miles
- Warwick Station2.1 miles
- Warwick Parkway Station3.3 miles
About ehB Reeves, Leamington Spa
Somerset House Clarendon Place, Royal Leamington Spa, CV32 5QN
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
Notes
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