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Property features
Investment and development opportunity (subject to planning).
Current passing rent £8,500 per annum.
Favoured residential area.
Total area 90.3m (972ft).
Residential conversion opportunity (subject to planning and vacant possession).
About this property
Location
The property occupies a highly convenient and well-connected position on Emscote Road, one of Warwick's principal thoroughfares linking the historic town centre with neighbouring Royal Leamington Spa. Emscote Road is a vibrant mixed-use street comprising a characterful mix of residential houses, local shops, services and small businesses offering a community feel for the number of local amenities.
Description
The property comprises three storeys and a basement fully occupied by a business tenant. The property also has a private rear garden leading to a detached double garage with vehicular access from the rear. The accommodation is arranged as follows: Ground floor 45m (484ft) First floor 26.5m (285ft) Second floor 18.8m (202ft) Total 90.3m (972ft) IPMS 2
Investment
The whole premises is let on a business lease from February 2017 expiring February 2032. The lease is excluded from the security of tenure provisions of the 1954 Landlord & Tenant Act. The tenant has the benefit of a break clause in February 2027 having given at least six months' written notice. The passing rent is £8,500 per annum.
Services
It is understood that electric, water and main drainage are connected to the property but interested parties should make their own enquiries.
Energy Performance Certificate
EPC rating: 100 D valid until 15th December 2032.
Planning
For all planning enquiries, please contact Warwick District Council by emailing planningenquiries@warwickdc.gov.uk or by calling 01926 456536.
Tenure Comments
The property is freehold and to be sold subject to the existing tenancy.
Legal Costs
Each party to be responsible for their own legal costs associated with the transaction.
Viewing
Sheldon Bosley Knight have been instructed as the sole agent. To arrange a viewing please contact commercial@sheldonbosleyknight.co.uk or 01789 387882
The property occupies a highly convenient and well-connected position on Emscote Road, one of Warwick's principal thoroughfares linking the historic town centre with neighbouring Royal Leamington Spa. Emscote Road is a vibrant mixed-use street comprising a characterful mix of residential houses, local shops, services and small businesses offering a community feel for the number of local amenities.
Description
The property comprises three storeys and a basement fully occupied by a business tenant. The property also has a private rear garden leading to a detached double garage with vehicular access from the rear. The accommodation is arranged as follows: Ground floor 45m (484ft) First floor 26.5m (285ft) Second floor 18.8m (202ft) Total 90.3m (972ft) IPMS 2
Investment
The whole premises is let on a business lease from February 2017 expiring February 2032. The lease is excluded from the security of tenure provisions of the 1954 Landlord & Tenant Act. The tenant has the benefit of a break clause in February 2027 having given at least six months' written notice. The passing rent is £8,500 per annum.
Services
It is understood that electric, water and main drainage are connected to the property but interested parties should make their own enquiries.
Energy Performance Certificate
EPC rating: 100 D valid until 15th December 2032.
Planning
For all planning enquiries, please contact Warwick District Council by emailing planningenquiries@warwickdc.gov.uk or by calling 01926 456536.
Tenure Comments
The property is freehold and to be sold subject to the existing tenancy.
Legal Costs
Each party to be responsible for their own legal costs associated with the transaction.
Viewing
Sheldon Bosley Knight have been instructed as the sole agent. To arrange a viewing please contact commercial@sheldonbosleyknight.co.uk or 01789 387882
Key details
Broadband: up to 1800mbps
972ft2 floor area
Additional information
An EPC is not currently available for this property. Please contact us here or call us on 01509 235534 for more information.
Find this property on the EPC register Fastest broadband speed available
Ultrafast
1800mbps
Mobile coverage
EE
Coverage
Great
O2
Coverage
Good
Three
Coverage
Good
Vodafone
Coverage
Good
Near the property
Schools
Transport