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AVAILABLE ON A NEW LEASE TOWN CENTRE RESTAURANT Return to search results

Leamington Spa, Warwickshire, CV32 5AA

Status: To Let
Tenure: Leasehold
Property: 23 Dormer Place
Size: 563 sq ft
Ref: 51669

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Description:

The premises comprise an established ground floor restaurant, which has traded in recent years as Solo/Restaurant 23. In its current configuration there is seating for 24 covers with the preparation and kitchen open to the main seating area of the restaurant. In addition the premises benefit from a separate wash up area, WC facility and external and basement stores. The accommodation has a net letable of 563 sq.ft. (52.3 sq.m)

Location:

The subject property is located on Dormer Place in the heart of Leamington Spa town centre. The premises overlook the Pump Room Gardens and are located adjacent to the lower reaches of The Parade. The property is within easy walking distance of all of the major town centre amenities, retailers and commercial areas. with Pizza Express located immediately next door.

Leasehold Rent:

15,000 per annum exclusive.

Rateable Value:

The property has a current Rateable Value of 11,250 per annum although this includes a 10% temporary reduction for various road works that are ongoing in the vicinity. Once this reduction is removed it is anticipated that the annual rates payable figure will be in the region of 5,375 per annum.

Lease Terms:

The property is available to let on a new full repairing and insuring lease

Legal Costs:

Each party will be responsible for their own costs.

Planning:

A3 (restaurant)

Parking:

None

Services:

All mains services are connected to the property. Heating/air conditioning is provided by wall mounted units whilst hot water is provided by an electric immersion heater situated in the basement

Viewing:

Strictly by appointment with the sole lettings agents, ehB Commercial Limited on 01926 888181.