£1,100,000
(£183.58/sq. ft)
Retail premises for sale118 Parade, Leamington Spa CV32
5,992 sq. ft
Added on
Holt Commercial
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About this property
Landmark building fronting Parade
Prime location close to main shopping area
Large 5/6 bed apartment
Close to Leamington Rail Station
Planning Consent for 3 further apartments
Freehold with Vacant Possession
Description
The property has a mix of retail and residential areas, with the main retail unit being 118 Parade. The Bedford Street section of the property is currently in disrepair, however it benefits from Planning Consent for three further apartments.
There is a 5-6 bedroom apartment over first, second and third floors which is accessed from the front of the property via 118 Parade.
The main retail unit has large retail area with further stores to the rear. The retail area is lit by LED lighting and has various floor coverings.
The property has photovoltaic panels installed on the roof between Parade and Bedford Street. 118 Parade has roof mounted solar water heating.
Location
The property is located on Parade but also has access to a separate section from Bedford Street, which runs parallel to Parade. Parade is Leamington’s prime retail location upon which the property holds a very prominent position.
In the immediate vicinity there are a large number of retail outlets, restaurants, bars and other leisure users. The property is located close to a number of car parks and is within walking distance of Leamington Rail Station.
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