Commercial property for sale in 7 Bedford Street, Leamington Spa, Warwickshire CV32
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Rare Town Centre Development Site
- Site Area of 151.6 sq.m. ( 1,631sq.ft.) Approx
- Planning for Five Floors of Modern Office/Studio Accommodation
- Residential Possibilities (stpc)
Property description
Description
An interesting town centre redevelopment site, currently a retail unit with ancillary storage and yard with planning consent for an impressive five storey commercial building which would provide modern open plan offices on all floors. Significant residential possibilities subject to planning consent.
Location
Bedford Street is located in the heart of Leamington Spa town centre, running parallel to the Parade, linking Regent Street to Warwick Street, a location with occupiers such as Marks & Spencer, Lee Longlands, bars, restaurants and business space. With the conversion of the former House of Fraser to high quality modern offices, soon to be occupied by major computer game development company Sumo Group. Leamington Spa is now an international name in this sector, home to Playground Games, Kwalee, Unit 2 Games, Pixel Toys, Ubisoft and Codemasters amongst others.
Services
All mains services are available for connection to the site.
Tenure
The property is to be sold freehold subject to vacant possession. The vendor will consider a sale and lease back option on a short term basis if required.
Planning
Class E at present with planning consent, under application number W/23/0184, for a new build.
Rent
Offers based on £600,000 for the freehold interest.
Rates
The rateable value for the current year is £13,000.
Legal Costs
Each party will be responsible for their own legal costs.
EPC
B 43
Rare Town Centre Development Site
Site Area of 151.6 sq.m. ( 1,631sq.ft.) Approx
Planning for Five Floors of Modern Office/Studio Accommodation
Residential Possibilities (stpc)
Property info
For more information about this property, please contact
EHB Reeves, CV32 on +44 1926 267862 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by EHB Reeves, and do not constitute property particulars. Please contact EHB Reeves for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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