1 bedroom property for sale
Key information
Property description & features
- Tenure: Freehold
- Freehold restaurant and residential investment
- Includes a ground floor restaurant and six flats
- Ground floor restaurant let until 2034
- Town centre location
- Producing £117,400 per annum
- Guide price reflects a gross initial yield of 10.92%
- On the instructions of Tim Simmons and Stephen Skinner of Sanderson Weatherall as Joint Fixed Charge Receivers
- Online Auction on Thursday, 12 December 2024
A Grade II Listed four storey (plus basement) mid-terraced Regency style building of traditonal construction beneath a pitched roof. The building is arranged as a restaurant and ancillary accommodation over ground floor and basement with the first, second and third floors arranged as 3x one bedroom and 3x two bedroom self-contained apartments, which are accessed via a separate doorway fronting Warwick Street.
Location:
Royal Leamington Spa is an attractive and affluent spa town lying approximately 2 miles east of Warwick, 8 miles south of Coventry and 18 miles south east of Birmingham. It can be accessed via the A425 and A452, which provides access to junction 15 of the M40 motorway to the south west of the town. Leamington Spa railway station provides regional rail links as well as regular direct services to London Marylebone and Birmingham Snow Hill and Birmingham International Airport lies approximately 16 miles to the north west.
Warwick Street is one of the principle retail thoroughfares in the town centre with the property lying on its north side near the junction with Chandos Street. Noteable nearby opccuiers include Boots, Mountain Warehouse, Shoe Zone, Starbucks, Scope and Subway.
Online Auction on Thursday, 12 December 2024. For further information, such as legal documents and property information, please visit bidx1.com.
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