£475,000

Property for sale

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Freehold

£475,000

(£113.83/sq. ft)

Property for sale

Delta Unit, Althorpe Street, Leamington Spa CV31

4,173 sq. ft

Local area information

Property location

Nearby amenities

  • Shrubland Street Community Primary School 0.2 miles
  • Clapham Terrace Community Primary School and Nursery 0.2 miles
  • Leamington Spa 0.4 miles
  • Warwick 2.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Leamington Spa to find out more about the local area.

Features and description

  • Freehold
Key Points

  • Excellent access to Motorway network via M40 (J14 &15) within 3 miles
  • Parking provision
  • Freehold
  • Close to Leamington Spa Town Centre
  • Sought after location
  • Vacant Possession can be obtained

  • Description

    The premises are predominantly a single storey industrial building with part two storey offices. The building is constructed comprising solid and part rendered cavity brick walls with a mono pitched construction steel trussed roof with corrugated cement roof sheets with inset roof lighting. The two storey offices have a flat roof covered with mineral felt.

    The building is currently split into two units comprising a small motor vehicle repair workshop and a larger light industrial manufacturing facility.

    Location

    The unit is located on Althorpe Street south of Leamington Spa town centre. Althorpe Street is directly accessible to the Parade, being the main town centre/retail area of Leamington Spa. Leamington train station is within a 5 minute walk of the premises. The M40 (Junctions 14 & 15) are within 3 miles providing excellent access to the national motorway network.

    Viewings

    Strictly by appointment with the sole agent: Holt Commercial nick holt

    Services

    It is understood that single and three phase electricity, gas, water and drainage services are connected to the property.

    Leases

    The main unit is let to Delta Food Systems Limited by a Lease dated 10 March 2022 for a term of 6 years. There is a break option on 10 March 2025. The passing rent is £16,100 pa.

    The second smaller unit is leased to Alan Morris, trading as Car Doctor dated 10 March 2022 for a 6 year term with annual break options. The passing rent is £4,200 per annum.

    Price Details

    £475,000. Vacant Possession can be obtained.

    More information

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    Property descriptions and related information displayed on this page are marketing materials provided by - Holt Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Holt Commercial for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. Warwickshire
    4. Leamington Spa
    5. Althorpe Street