£65,000
(£232.14/sq. ft)
Retail premises for sale21B George Street, Leamington Spa CV31
280 sq. ft
Under offer
Freehold
About this property
Vacant Retail
Freehold
Storage Cellar
Excellent Location
Investor Opportunity
Description
21B George Street, Leamington Spa is a two-storey mid-terraced building comprised of a single retail unit and three surmounting flats. All three flats have been sold on long leaseholds of 99 years, each producing peppercorn rents and a small service charge budget for communal repairs. The vacant ground-floor retail unit has been occupied by Classic Train and Motor Bus Ltd - who will vacate on sale.
The retail is comprised of a counter, overhead storage and a cellar with self contained toilet and kitchen along with 173sqft of stores.
Location
21B George Street is situated in a well-established residential area just south of Leamington Spa town centre, within walking distance of a wide range of local amenities, shops, and public transport links. The property benefits from excellent connectivity, with Leamington Spa Railway Station located approximately 0.5 miles away, providing direct services to London and Birmingham, and easy access to the A452 and M40 motorway. The surrounding area is predominantly residential, popular with professionals and families, and offers a convenient and well-connected setting close to the town’s key commercial and leisure facilities.
Viewings
Strictly by appointment with Shepherd Commercial
Terms
The freehold title and interest of the property is to be sold as a vacant ground-floor retail unit and three surmounting flats - each sold on long leaseholds of 99 years, and producing peppercorn rents.
Specifications
- Gas supply in cellar
- Small service charge budget covers communal repairs and insurance
- Rendered in 2015
- All tenants on individual metres
21B George Street, Leamington Spa is a two-storey mid-terraced building comprised of a single retail unit and three surmounting flats. All three flats have been sold on long leaseholds of 99 years, each producing peppercorn rents and a small service charge budget for communal repairs. The vacant ground-floor retail unit has been occupied by Classic Train and Motor Bus Ltd - who will vacate on sale.
The retail is comprised of a counter, overhead storage and a cellar with self contained toilet and kitchen along with 173sqft of stores.
Location
21B George Street is situated in a well-established residential area just south of Leamington Spa town centre, within walking distance of a wide range of local amenities, shops, and public transport links. The property benefits from excellent connectivity, with Leamington Spa Railway Station located approximately 0.5 miles away, providing direct services to London and Birmingham, and easy access to the A452 and M40 motorway. The surrounding area is predominantly residential, popular with professionals and families, and offers a convenient and well-connected setting close to the town’s key commercial and leisure facilities.
Viewings
Strictly by appointment with Shepherd Commercial
Terms
The freehold title and interest of the property is to be sold as a vacant ground-floor retail unit and three surmounting flats - each sold on long leaseholds of 99 years, and producing peppercorn rents.
Specifications
- Gas supply in cellar
- Small service charge budget covers communal repairs and insurance
- Rendered in 2015
- All tenants on individual metres
Mortgage calculator
Monthly repayment
£325 per month
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