Summary

Property Type Industrial/Logistics
Tenure Lease Assignment
Size 40,500 sq ft
Rent £463,308.75 per annum
Rates Payable Upon Enquiry
EPC Rating This property has been graded as A (16)
  • Eaves height of 10 metres, floor loading 50kN per sqm, power 11MVA
  • Secure yard 40 meters depth
  • 59 car parking spaces
  • Self contained with barrier gate access
  • 2 level access doors and 2 dock levellers
  • Air conditioning heating and cooling to offices

About

The building was constructed in 2020.
• BREEAM ‘Very Good’ rating
• Comprises a detached modern Industrial/ Warehouse Building
• Constructed to Eaves Height of 10 metres
• Floor Loading 50kN per Sq M
• Power Available 11MVA
• Secure Yard 40 Metres depth

5 Spa Park, Spartan Close, Leamington Spa, Industrial/Logistics Lease Assignment - Martin (5) hr EDIT.jpg

Accommodation

Namesq ftsq mAvailability
Ground - Ground Floor 38,814 3,605.94 Available
1st - Office 1,686 156.63 Available
Total40,5003,762.57

Location

The property is located on Spa Park, a recently constructed Industrial / Distribution Park close to the A46 and Junctions 14 and 15 of the M40 Motorway. Royal Leamington Spa Train Station is less than 1 mile from the property.

Coventry and Warwickshire has a long-established track record for high quality engineering and advanced manufacturing as well as well developed supply chains and expertise in automotive, aerospace and energy generation technology.

Get directions from Google Maps

5 Spa Park, Spartan Close - Martin Warehouse (8).jpg

Further Information

  • Drive Times

    Coventry 20 minutes
    Birmingham International Airport 25 minutes
    East Midlands Airport 1 hour
    Luton 1 hour, 25 mins
    Heathrow Airport 1 hour, 25 mins
    Avonmouth Docks 1 hour, 35 mins
    London Gateway Port 2 hours, 20 mins
    Liverpool Port 2 hours, 20 mins

  • Tenure

    The premises are available by way of an assignment of a 10 year lease from 11th November 2025 at a rental of £463,308.75.
    The lease is on full repairing and insuring terms subject to a Schedule of Condition.

    Rent Review at the 5th year and Tenant break at the 5th year. Rent Review to be the greater of open market rental value or CPI capped and collared at 4% and 2% per annum.

    Consideration will be given to a sublease of the premises for a period up to the break clause.

  • EPC

    The property has an EPC Rating of ‘A 16’.

  • Business Rates

    Rateable Value £275,000, Rates Payable £118,250, Currently subject to an appeal.

  • Planning

    We understand that the property has the benefit of planning permission for User Class E purposes.

    Interested parties are advised to make their own enquiries of Warwick District Council Planning Department on 01926 456760.

  • Services

    All mains services are available or are connected to the property.

  • Legal Costs

    Each Party will meet their own legal and professional costs.