for sale town centre office/d1/d2...
TRANSCRIPT
• In heart of Leamington Spa
• Near River Leam, shops and leisure areas
• Available freehold
• Impressive two storey building with high ceilings
• Suitable for a variety of uses or redevelopment
TOWN CENTRE OFFICE/D1/D2 BUILDINGFOR SALE
9,163 sq ft (852 sq m)
1 Mill Street, Leamington Spa, CV31 1ES
LOCATIONThe property is at the junction of Mill Street and Leam Terrace in a busy and popular part of the heart of Leamington Spa. Nearby are the Leam Boat Club, The Pump Rooms and retail and leisure properties on Victoria Terrace, an extension of the B4087 Parade. Also nearby are the Railway Station and Jephson Gardens and the Royal Spa Centre are to the other side of the River.
DESCRIPTIONThe property was built in 1905 of good quality of red brick with pitched tiled roofing. The main entrance is off Mill Street, with further accesses off Leam Terrace. The ground floor has a variety of room sizes many of which can be opened up as required, whereas the first floor is mainly open plan and has a very lofty ceiling, revealed to the timber frame. Windows are tall, some including stained glass. There are currently useful mezzanine storage/office areas. There is a passenger lift to the rear of the property, ample WCs, kitchen facilities and private rooms.
Generally the premises are well appointed and mainly currently used as offices and consulting rooms. There is a full gas fired central heating system with radiators throughout.
PLANNINGThe building has been used in the past for a number of purposes including worship, as a Community Centre and for collection and meetings, training, administration and offices. We would therefore expect current use to fall within Class D1 (non residential institutional) use.
The premises may be suitable for a change of use and interested parties should make their own enquiries of Warwick District Council’s planning department on 01926 450000. There is plenty of on street car parking in the immediate vicinity regulated by permit or limited to two hours per visit.
LEAM TERRACE
NEW STREETCHURCH TERRACE
PRIORY TERRACE
MILL STREET
PARA
DE
WARWICK STREET
REGENT STREET
WARWICK STREET
REGENT STREET
DA
LE STREETA
DELA
IDE RO
AD
DORMER PLACE
AVENUE ROAD
WILLES RO
AD
NEWBOLD TERRACE
BATH STREET
LEAM TERRACE
PRIORY TERRACE MILL ST
MILL STREET
MAGISTRATECOURTS
PUMPROOMS
REGENTCOURT
TOWNHALL
RiverLeam
JephsonGardens
Pump RoomGardens
A452
TENUREFreehold with vacant possession.
EPCThis premises is rated at E116. Full EPCs are available on request.
RATESRateable value (2016) = £67,000Rateable value (2017 draft valuation ) = £72,000
PRICEOffers are invited in the region of £850,000 for the freehold interest with vacant possession. The sale will not attract VAT.
LEGAL COSTSEach party are to be responsible for their own legal costs incurred in this transaction.
VIEWINGFor further information please contact:
David PennT: 07771 [email protected]
Bromwich Hardy, 1 The Cobalt Centre, Siskin Parkway EastMiddlemarch Business Park, Coventry CV3 4PE
Richard SidawayT: 07725 [email protected]
Misrepresentation Act 1967. Unfair Contract Terms 1977. The property Misdescription Act 1991. These particulars are issued without any responsibility on the part of the agent and are not to be construed as containing any representation or fact upon which any person is entitled to relay. Neither the agent or any person in their employ has any authority to make or give any representation or warranty whatsoever in relation to the property. November 2016
CHARTERED SURVEYORSCOMMERCIAL PROPERTY ADVISORS
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