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Regent Street, Leamington Spa, Warwickshire, CV32 4NX - Online Auctions

129 Regent Street, Leamington Spa, Warwickshire, CV32 4NX

£280,000
Commercial
About this property
£ 280,000
Traditional
Commercial
Description

Town centre investment opportunity. Mixed use building comprising a tenanted retail unit with a 2 storey vacant flat above that requires modernisation and improvement. Current rental income from the retail unit £10,000 p.a. Centrally located, surrounded by retail units, bars and restaurants. GROUND FLOOR Hallway: Cellar: 18 ft 3 in max x 13 ft 3 in max FIRST FLOOR Lounge: 12 ft 1 in max x 11 ft 9 in max Kitchen: 10 ft 10 in max x 10 ft 7 in Bathroom: SECOND FLOOR Room 1: 17 ft 4 in max x 12 ft 2 in max Room 2: 14 ft 11 in max x 8 ft 6 in max RETAIL UNIT Currently being used as a sandwich bar/ deli and caterers. Shop: Stockroom: W.C. Approximately 355 square foot Commercial: EPC Rating: E Residential: EPC Rating: G Freehold subject to lease on retail unit and vacant possession on flat. Term: 10 years from 2019 (Rent review not exercised in October 2020) Rent payable: £10,000 p.a. Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

Location
More Information
Not Specified
Regent Street
Other
Planing Authority

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