a TO LET Self-Contained Office Building in Heart of Town Centre 53a Parade, Leamington Spa CV32 4BA Net Internal Area: 2,037 sq ft (189.26 sq m) Mid-terrace Regency period building in prominent location Upper floor offices with private ground floor entrance Redecorated, good natural light and period features RENT: 19,950 per annum (exclusive). No VAT Telephone 01926 430700 / Fax 01926 430290 38 Hamilton Terrace, Holly Walk, Leamington Spa Warwickshire CV32 4LY www.wareingandcompany.co.uk
LOCATION The property comprises a Grade II Listed mid-terrace period building on the east side of Parade, the principal shopping area of the town, and has a painted stucco façade with cast iron first floor balcony extending over the portico entrance. Gohil Grey Opticians are at ground level and a separate private doorway leads to the office accommodation on the upper floors. The railway station is approximately 10 minutes on foot and various bus services run along Parade. There are multi storey car parking facilities at Royal Priors Shopping Centre, St Peter s off Augusta Place and Covent Garden off Russell Street, all of which are within easy walking distance of the subject property. DESCRIPTION The offices are located over the first, second and third floors with additional space in the attic which has natural light. An intercom controlled entrance door leads directly from Parade and is for the exclusive use of the offices. The property has recently been redecorated throughout to provide a modern interior with gas fired central heating, good natural light by way of large timber framed sash windows, data cabling to the first and second floors, two analogue telephone lines and an intruder alarm. On mezzanine levels between the main floors are separate ladies and gents WC s and a modern kitchen. ACCOMMODATION Net Internal Area GROUND FLOOR SQ M SQ FT Intercom controlled private front door. Entrance hall and staircase to the upper floors Mezzanine separate ladies and gents WC FIRST FLOOR Front office 30.50 328 Rear office 18.44 199 Mezzanine modern kitchen 4.17 45 SECOND FLOOR Front Office 13.58 146 Front Office 17.19 185 (The above offices could be combined by removing the partitioned wall). Middle Office 17.50 189 Mezzanine - store room 7.04 75 THIRD FLOOR (rooms not carpeted) Front room 12.28 132 Front room 16.98 183 Middle room 18.87 203 Rear room 7.05 76 FOURTH FLOOR / ATTIC (rooms not carpeted) Room 1 12.21 131 Room 2 13.45 145 TOTAL NET INTERNAL FLOOR AREA 189.26 2037
SERVICES Mains, water, gas, electricity and drainage are connected. All utility supplies are metered and there are two analogue telephone lines coming into the suite. LEASE TERMS A new lease for a term to be agreed will be granted. The tenant will be responsible for internal repairs, maintenance and decoration of the subject accommodation with the landlord responsible for external repairs, maintenance and decoration and these costs will not be recovered from the tenant. The landlord will insure the building and recover the premium on a pro-rata basis. The letting will be taken outside the Security of Tenure provisions of the Landlord & Tenant Act 1954. RENT 19,950 per annum exclusive of business rates, utilities and building insurance premium and payable quarterly in advance. VAT VAT will NOT be payable in addition on the rent. BUSINESS RATES Rateable Value: 13,750 Rates Payable: 6,408 (2017/18) Nb. For occupiers who qualify, a discount may be available under the Small Business Rate Relief Scheme. For confirmation of eligibility and further information, please liaise with Warwick District Council on 01926 456760. VIEWING By prior arrangement through the joint letting agents: Mark Thompson MRICS Wareing & Company Tel: 01926 430700 Email: mark.thompson@wareingandcompany.co.uk OR Jane Lane MRICS Savills Tel. 01865 269088 Email: jflane@savills.com IMPORTANT NOTICE All statements contained within these particulars are believed to be correct but their accuracy is not guaranteed nor do they form part of any contract or warranty. Unless specified to the contrary, interested parties should note the following:- All dimensions, distances and floor areas are approximate and are given for guidance purposes only. Information on tenure or tenancies has been provided to us in good faith by the vendor/lessor of the property. Prospective purchasers/lessees are strongly recommended to have this information verified by their solicitors. Information on rating assessments and Town & Country planning matters has been obtained by verbal enquiry from the appropriate Local Authority. Prospective purchasers / lessees are recommended to obtain written confirmation prior to entering into any commitment to purchase/lease. All information on the availability of mains services is based on information supplied to us by the vendor/lessor. All other statements regarding service installations, including apparatus, fixtures and fittings, do not warrant the condition or serviceability of the items referred to as no tests have been carried out. Interested parties are recommended to arrange for any necessary tests to be carried out prior to acquisition. No investigations have been made to verify if any equipment, plant, machinery or services in or on the premises are compliant. All prices and rents are quoted exclusive of VAT unless expressly stated to the contrary. Please note that these particulars are issued in good faith but without responsibility. These particulars are issued on the distinct understanding that all negotiations are concluded through Wareing & Company. The property is offered Subject to Contract and it still being available at the time of enquiry and that no responsibility can be accepted for any loss or expenses incurred in viewing. Wareing & Company for themselves and for the vendors or lessors of this property whose agents they are, give notice that (i) the particulars are set out as general outline only for the guidance of intending purchases or lessees, and do not constitute, nor constitute part of, an offer or contract (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as the correctness of each of them, (iii) no person in the employment of Wareing & Company has any authority to make or give any representation or warranty in relation to this property, (iv) all rentals and prices are quoted exclusive of VAT.