The property comprises a ground floor restaurant unit set within a modern mixed use development of retail and leisure with residential to the upper levels.
The property was most recently occupied by Gusto and still benefits from some of their fit out. Please see features below:
- Fitted Bi fold front doors and shop window.
- Fitted Bar area
- Male, Female and separate staff WC’s
- In built Pizza Oven and walk in fridge.
- Provision for external seating
- Rear fire exit
Location
The subject property is located within Regent Court which is situated in the heart of the town centre between Regent Street and The Parade (the town’s primary retailing destinations).
Regent Court is largely revered as the restaurant quarter hosting such occupiers as Nando’s, Cote, GBK, Turtle Bay, Las Iguanas, Wagamama, Creams desert parlour as well as a Travelodge hotel and independent retail occupiers.
Leamington Spa itself is an affluent Spa town situated in South Warwickshire in the West Midlands. Its population is roughly 45,000 with a believed catchment of c. 650,000 within a half hours drive.
The town is popular amongst Students of Warwick University, both young and established professionals, families, those who are of retirement age and more recently, those commuting to London and Birmingham.
Accommodation
4,880 sq ft
Terms
Tenure
The property is available by way of a new effective full repairing and insuring lease for a term to be negotiated.
Service Charge
A service charge will be levied to cover the cost of the upkeep and maintenance to the external and communal areas. The service charge contribution for the current year is: £35,484.36 excl.#
Rating Assessment
Rateable Value 2020/21: £62,000
Rates Payable: £31,744
Rent
£85,000 Per Annum excl. VAT and all other outgoings
EPC
C53
Services
All mains services are connected to the property.
Details of service capacities are available from the agents, but it is anticipated that gas supply is U25, 21 millibar, water 32 mm pipe and electricity 100 Kva. Extraction is installed to integral risers.#
Planning
The premises have planning for A3 and therefore new Use Class E under the Town & Country Planning Use Classes Order.#
Tenants will be responsible for applying for their own premises license.
Specification
- Available on New Lease
- Sought after leisure location set within the Town’s Restaurant Quarter.
- Neighbouring occupiers include: Nando’s, Cote, GBK, Turtle Bay, Las Iguanas, Wagamama etc.
- Available Immediately.