158 Parade is a fine 5-storey period building, with rear access. The ground floor retail/office accommodation has an impressive display frontage with curved glazed returns, providing principally open plan space with a good sized rear storage facility which has rear external access, coupled with first floor WC, kitchen and staff room if required.
Below the entire shop is an extensive cellar, although compartmentalised.
The upper floors are separately occupied.
The accommodation in greater detail comprises.
Shop width: 5.48m
Shop depth overall: 19.6m
Retail area: 1,318 sq.ft (122.5 sq.m)
Rear store: 264 sq.ft (24.5 sq.m)
Within the rear wing:
First floor WC
First floor kitchen and staff room: 193 sq.ft (17.9 sq.m)
The Parade is Leamington Spa's renowned prime retail location, sitting at the heart of the town centre. Parade is recognised for its fine period architecture and close proximity to fine parks and gardens, historic sites, railway station, hotels (Premier Inn immediately next door) and local amenities.
Mains water, gas, electricity and drainage are connected to the offices which are heated by means of radiators served by a gas fired central heating boiler.
The property is offered subject to a new lease.
£30,000 per annum exclusive, payable quarterly in advance. VAT is not applicable.
The rateable value for the current year is £24,750.
A service charge is levied to cover a fair proportion of the costs of external maintenance, decoration and management.
Each party will be responsible for their own legal costs.
By prior arrangement to be made through the sole letting agents, ehB Reeves.
New Flexible Lease
Town Centre Position on Parade
Retail Area of 1,318 sq.ft (122.5 sq.m)
Ancillary Stores and Staff Facilities
Rear Pedestrian Access and Loading
Rent: £30,000 Per Annum (Exclusive)
( Agency Pilot Software Ref: 530 )