Property photos
Offers over
£850,000
(£114.28/sq. ft)
Retail premises for sale
160-164 Parade, Leamington Spa CV327,438 sq. ft
Local area information
Property location
Nearby amenities
- St Peter's Catholic Primary School 0.1 miles
- Leamington Spa 0.3 miles
- The Kingsley School 0.4 miles
- Warwick 2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Leamington Spa to find out more about the local area.
Features and description
- Situated on the premier retailing street in Leamington
- Let to 3 tenants, generating an income of £71,500 per annum
- Well presented Georgian properties
- Seeking offers in excess of £850,000
The property comprises three terraced units, let to three individual commercial tenants producing a combined income of £70,500 p.a. Which we summarise below:
160 Parade - let to A Plan Insurance Group for a term of 10 years expiring 11/12/20027 at a rent of £23,500 p.a.
162 Parade - let to Hamesh Antique Furniture Ltd for a term of 3 years, expiring 10/01/26 at a rent of £25,000 p.a.
164 Parade - let to Reynolds Interiors Ltd for a term of 5 years, expiring 28/09/28 at a rent of £22,000 p.a.
In addition the upper parts have been converted to 10 flats and have been sold off on long leaseholds. The total ground rent is £1,000 per annum.
160 Parade - let to A Plan Insurance Group for a term of 10 years expiring 11/12/20027 at a rent of £23,500 p.a.
162 Parade - let to Hamesh Antique Furniture Ltd for a term of 3 years, expiring 10/01/26 at a rent of £25,000 p.a.
164 Parade - let to Reynolds Interiors Ltd for a term of 5 years, expiring 28/09/28 at a rent of £22,000 p.a.
In addition the upper parts have been converted to 10 flats and have been sold off on long leaseholds. The total ground rent is £1,000 per annum.
More information
Listed by
Bromwich Hardy
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