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Retail Units & Shops

Warwickshire

Leamington Spa

property

Let

Unit 9 Upper Mall The Parade, Leamington Spa, CV32 4XT

Use Class

E(a)

Size

1,400 sq ft

Rent pa

POA

Market Sector

Shopping Centre

Description

Existing Lease Available

This corner located premises, fronts the principal Upper Mall with a return frontage to Upper

Arcade which is the entrance from prime Parade. The premises immediately adjoins Animal whilst opposite Ernest Jones, Topshop, and Superdry.

EPC: A certificate rated 'D' is available on request.

Key Information

Viewing

Staff are unaware of any disposal proposals so all enquiries strictly via Appointed Agents.

Legal

Each party to bear their own costs incurred in any transaction.

Accommodation

1,400 Sq.Ft

Areas

Sq.Ft

Sq.M

Ground Floor

1,270

117

Storage

130

12.1

Downloads

Brochure

Unit 19, 9 Upper Mall, Royal Priors Shopping, Leamington Spa - Brochure 2017-07-17-14-55-55

Financial

Lease Type

Existing Lease

Lease Term

An existing 5 year full repairing and insuring term to expire 18th March 2021, without further review. There is a tenant option to break 18th March 2019.

Rent

£72,500 per annum exclusive.

Rates

According to the Valuation Office website the premises are assessed as follows:- Rateable Value: £56,500. For verification purposes, interested parties are advised to make their own enquiries on www.voa.gov.uk

Costs

All figures within these terms are exclusive of VAT where applicable.

Incentive

Incentives available, subject to status.

Service Charge

The annual service charge is currently £11,840 and insurance is £500.

Tenure

Leasehold

Sustainability

Energy Performance Certificate

This Property is Part of a Shopping Centre

Royal Priors

Royal Leamington Spa is an affluent spa town in Warwickshire, amongst the top ten regional centres of wealth within the UK. Royal Priors is the only covered retail and leisure pitch in the town, arranged over two floors, with a vibrant mix of big brand names and independent stores, cafes and restaurants. It also has the town’s principal multi storey car park.

GCW

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.