Retail premises to let in Regent Street, Leamington Spa CV32

Situation

The elegant Regency town of Leamington Spa is a vibrant shopping destination with many independent boutiques and high street brands, Marks & Spencer, House of Fraser, pubs and restaurants. The unit occupies a prominent location on Regent Street, in the town centre, and is close to the southern entrance of the Royal Priors Shopping Centre.

Accommodation

The property comprises a ground floor lock up shop, with a layout currently comprising main sales area two consulting rooms and two store rooms. These rooms could be incorporated into the main shop floor area if required.

Frontage 36’ (10.98 m)
Internal width 34’4” (10.36 m)
Minimum shop depth 43’6” (13.11 m)
Max shop depth 59’9” (17.98 m)
Potential sales area 1,553 sq ft (144.28 sq m)
Kitchen 63 sq.ft (5.85 sq.m)
Separate WC - -

Please note :Every effort has been made to ensure that the above floor areas are accurate. They are in accordance with the Code of Measuring Practice. Fittings restricted measurement at the time of inspection. Interested parties should verify these for themselves.

Lease

The premises are offered on a new lease for a term of years to be agreed.

Rent

£45,000 per annum exclusive.

Business rates

£50,000 from 1st April 2023.

Please Note : We believe that for certain tenants that there may be no liability to pay rates, however this office gives no warranty that the rating values supplied and the sums of
money expressed as being payable are accurate and the purchaser/tenant must rely upon their own enquiries with the Local Authority on or ttps://www.gov.uk/correct-your-business-rates

EPC

Details available from the agents.

Service charge

Further details are available from the letting agents.

Legal costs

The ingoing tenant will be responsible for both side’s legal costs in this matter.

The landlords elect to charge VAT.

Viewing

Strictly by appointment with the Agents.