Summary
Specification Includes (approximately):
Shop front with recessed entrance door with full length roller shutter.
Level access laminated floor.
Fitted counter.
Suspended ceiling with inset lighting and spot trackers.
Access from service corridor to rear.
Partitioned to create rear storeroom.
Separate WC.
Key Points
- Adjacent to entrance from Parade
Service Charge
The service charge for the unit is approximately £8,504 per annum plus £275 insurance.
Business Rates
Rateable Value: £22,000 per annum
Rates Payable: £10,978 (April 2023)
Interested parties should verify these figures with Warwick District Council on 01926 450000.
Tenure
The property is available on a new 5 year effectively full repairing and insuring lease subject to five yearly upward only rent reviews.
Rent
£25,000 per annum exclusive of Business Rates, service charge and all other outgoings.
EPC
C56 - a copy can be made available upon request.
Legal Costs
Each Party will meet their own legal and professional costs.
Viewing Arrangments
Strictly by prior arrangement with the joint letting agents:
Bill Wareing FRICS
T 01926 430700 • M 07715 001018 E bill.wareing@wareingandcompany.co.uk
James Merrett
T 020 7152 5082
E james.merrett@eur.cushwake.com
Location
Leamington Spa is an historic and affluent town, with the Royal Priors Shopping Centre being the principal retail scheme. The unit is located on the access to the Scheme from the Parade.
Occupiers within the scheme include New Look, The Entertainer, Superdry, Mountain Warehouse and Waterstones, amongst others. There is a 450 space customer car park.
A new Sostrene Grene store is due to open in the autumn of 2023.