Commercial property for sale in 117 Regent Street, Leamington Spa, Warwickshire CV32
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Current Rental Income £50,540 per annum
- Well let Retail Unit and Three Bedroom Apartment
- Excellent Vibrant Town Centre Location
- Refurbished 15 Years Ago
- Sought After Secondary Retailing Location
- Fully Let and Income Producing
- Close to Prime Retail and High Quality Hospitality Sectors
Property description
Description
Freehold Investment in Leamington Spa Town Centre
Location
Regent Street is located in the heart of Leamington Spa, bisecting the prime retailing location known as the Parade. The site is identified on the attached street map. This popular secondary retailing zone is serviced by on-street and multiple car parks, excellent public transport, and is a short walk from many local amenities including the famous parks and gardens of Leamington Spa.
Services
All mains services are connected to the site and are independent to each unit. 8 Satchwell Walk is electrically heated.
Tenure
Subject to the freehold title, lease of 117 Regent Street and AST of 8 Satchwell Walk.
Rent
Freehold price: £660,000.
We are advised the property is VAT elected.
VAT is payable in respect of the commercial rents. VAT is not payable on the flat rents.
Rates
The rateable value for the current year is £25,500
Council Tax Band for 8 Satchwell Walk is: Band B
Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction.
EPC
117 Regent Street: B-46
8 Satchwell Walk: E-40
Current Rental Income £50,540 per annum
Well let Retail Unit and Three Bedroom Apartment
Excellent Vibrant Town Centre Location
Refurbished 15 Years Ago
Sought After Secondary Retailing Location
Fully Let and Income Producing
Close to Prime Retail and High Quality Hospitality Sectors
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
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.