Delta Unit, Althorpe Street

Leamington Spa, CV31 1NQ

4,173 sq ft

FREEHOLD INVESTMENT SALE, SINGLE STOREY INDUSTRIAL UNIT WITH PART TWO STOREY OFFICES

Summary

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

Accommodation

We understand the property has the following approximate Gross Internal Area (GIA):

Description	sq ft	sq m
Main Unit Workshop inc WCs	2,796	259.76
Ground & First Floor Offices	942	87.51
Vehicle Repair Workshop	942	87.51
Total	4,680	434.78

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.

Get directions from Google Maps

Mainline Stations

Leamington Spa

7 mins
Warwick

44 mins
Warwick Parkway

68 mins
Kenilworth

88 mins

Underground Station

Chesham

1077 mins
Amersham

1110 mins
Chalfont and Latimer

1142 mins
Chorleywood

1180 mins

Further Information

Price £475,000 Vacant Possession can be obtained

Rates Payable Upon Enquiry

EPC Rating This property has been graded as E (110)

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.

Viewings

Strictly by appointment with the sole agent: HOLT COMMERCIAL 024 7655 5180 NICK HOLT nick@holtcommercial.co.uk

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.