Retail premises to let

Situation

The premises occupy a good location on Regent Grove just off the main Parade in Leamington Spa. The town is renowned for its wide range of shops, major retailers, restaurants and bars and the Royal Priors Shopping Centre.

Accommodation

The property comprises two ground floor lock-up shops, each with a large bay window, kitchenette and WC. They are currently combined to create one large shop and available as a whole or as two self-contained shops

No 22.
Internal width 19’6” (5.79 m)
Internal shop depth 27’3” (8.23 m)
Sales area 502 sq ft (46.64 sq m)
Kitchen 69 sq ft (6.41sq m)
Separate WC 37 sq ft (3.44 sq m)

No 23.
Internal width: 15.2” (4.57 m)
Internal Shop depth 17’9” (5.18 m)
Sales area 252 sq ft (23.41 sq m)
Rear office 186 sq ft (17.28 sq m)
Kitchen 44 sq ft (4.09 sq m)
Separate WC 18 sq ft (1.67 sq m)

The stud partition between the initial sales area and the rear office can be removed to create one large sales area.

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

Rent

No. 22: £18,250 per annum
No. 23: £15,500 per annum
No. 22/23 as a whole: £29,500 per annum

Rateable value

£22,000 (as a whole) from 1st April 2023 (Not currently assessed individually)

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

EPC: Band E.

Service charge

There is a service charge to cover a share of external areas. Further details are available fromthe letting agents.

Legal costs

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

VAT will be payable in addition where applicable.

Viewing

Strictly by appointment with the Agents on /