£660,000

Property for sale

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Freehold

£660,000

(£552.30/sq. ft)

Property for sale

117 Regent Street, Leamington Spa, Warwickshire CV32

1,195 sq. ft

Local area information

Property location

Nearby amenities

  • St Peter's Catholic Primary School 0.2 miles
  • The Kingsley School 0.3 miles
  • Leamington Spa 0.4 miles
  • Warwick 2.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • 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
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

More information

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  1. Zoopla
  2. Commercial for sale
  3. Warwickshire
  4. Leamington Spa
  5. Regent Street

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