148 Emscote Road, Warwick, CV34 5QN

Description

Mid terraced Chiropractors Clinic, suitable for a variety of alternative uses in a very busy main road location with on street car parking immediately in front. Recently restored and refurbished throughout.

Location

Emscote Road is the principle arterial road linking Leamington Spa to the county town of Warwick. It is a busy location comprising a mixture of retail, hair and beauty, pubs and restaurants, and domestic dwellings. The situation benefits from a busy public transport system and excellent on street car parking.

Services

All mains services are connected. The building has recently be refurbished throughout and includes a new gas fired central heating system.

Tenure

The building is available by way of lease assignment or possibly sublease. The lease is drawn on full repairing and insuring terms. The lease is for a term to expire 1st February 2032 with a tenant break clause on the 2nd February 2027.

A new lease may be available by negotiation.

Planning

E. Currently trading as a Chiropractic Clinic.

Rent

Currently £7,250 per annum exclusive with a planned increase to £8,500 per annum from 25th December 2021.

Premium
A premium is required for the benefit of the tenant's lease and valuable improvements, and fittings included within the building.

Rates

The rateable value for the current year is £4,750. The property is entitled 100% small business rates relief subject to the tenant's status.

Legal Costs

The ingoing tenant will be responsible for all legal costs associated with the assignment of lease.

EPC

TBA

Exceptionally Well Refurbished Treatment Rooms/Retail Premises

Very Busy Location

On Street Car Parking Outside

Garage At Rear


Clinic Premises on 3 Floors plus Basement Storage

Suitable For Alternative Uses

Ground Floor Treatment Rooms of 433 sq.ft

Premium Required for Assignor's Lease and Valuable Improvements

Rent: £8,500 Per Annum Exclusive
( Agency Pilot Software ref: 553 )