Summary
The premises have previously been used for retail use but are now available for a variety of uses. Subject to detailed certification, extraction should be possible from this unit.
The premises have:-
Double front shop window.
Lined interior with overhead lighting.
Laminate floors, panelled walls and small power electric circuit.
Main front retail area 13.799 x 7.59m.
Two ceiling mounted air conditioning units.
Rear workshop (8.5 x 3.29m) with double door access.
Server with 3 phase power.
Toilet, wash hand basin and small kitchen.
Outside seating may be available (subject to license).
Key Points
- Prime leisure trading pitch
- Available February 2025 or earlier by negotiation
Tenure
The property is available by way of a new full repairing and insuring lease for a term of 10 years with 5 year rent review at a quoting rent of £35,000 P.A.X.
Please note that all figures quoted are exclusive of VAT.
EPC
B50- A copy can be made available upon request.
Business Rates
Rateable Value: £31,750 (1st April 2023)
Rates Payable: £15,843.25
Service Charge
A service charge will be levied to contribute towards the maintenance and upkeep of the structure of the building and common areas. This is thought to be in the region of £13,500.11 for year 2024/25.
Location
Regent Court is the principal restaurant quarter of Royal Leamington Spa in the heart of the town and includes such operators as Cote, YO! Sushi, Turtle Bay, Nando’s, Las Iguanas and GBK. There is a Travelodge Hotel which is part of the scheme, as well as Wagamama.