An imposing freehold office building with planning to convert the upper floors to three residential apartments. The current owners bought the property in a derelict condition in 2004 (nearly 20 years ago) for £720,000 and spent over £150,000 on renovation at time, so a total cost of £870,000 3 Euston Place is an impressive five-storey Georgian, mid terraced building. Constructed with a painted and rendered front elevation, brick faced rear elevation with a single storey flat roof extension. The accommodation offered comprises the entire building, with a well established estate agents office at ground floor, which currently provides a fully glazed frontage with a shared glazed lobby. This in turn provides access to the upper floors. The ground floor showroom and offices are open plan and well fitted with a three step rise to the central and rear areas. At the back of the ground floor there is a separate area, off which is a WC facility and back door
( Agency Pilot Software ref: 629 )
Location
Euston Place is located within the heart of Leamington Spa's town centre at the southern end of the Parade, the town's well known and impressive retailing centre. It is a location which is surrounded by a mixture of superb public parks and public amenities, as well as the retailing centre, and a large collection of restaurants, bars and pubs, and is within walking distance of the Leamington Spa railway station. Euston Place is recognised as the prime pitch for any estate agency and allied professional service. The location is seeing interest from the restaurant sector.
Accommodation
3,143 sq.ft (292 sq.m)
Terms
Services Mains water, drainage and electricity are connected to the property. Heating and cooling is by means of partial air conditioning and electric panel radiators.
Planning E under the User Classes Order 1987 as amended.
Rent Freehold Price £570,000
Rates The rateable value for the current year 2023/24 is £30,250.
Legal Costs Each party will be responsible for their own legal costs incurred in the transaction.