Summary

Property Type Industrial/Logistics
Tenure Lease Assignment
Size 40,500 sq ft
Rent £380,000 per annum
Rates Payable £137,865 per sq ft
Service Charge n/a
Estate Charge TBC
EPC Rating This property has been graded as A (16)
  • Available Immediately by way of Lease Assignment or New Lease
  • Competetive Passing Rental of £9PSF excl.
  • Constructed in 2020
  • BREEAM Very Good Rating
  • 10 Metre Eaves
  • Floor Loading 50kN per Sq. M.
  • Power Available 11mva
  • 40 metre Yard Depth
  • 59 Car Parking Spaces

About

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

Unit 5 Spa Park, Spartan Close/Ashbourne Drive, Leamington Spa, Industrial/Logistics Lease Assignment - Martin 1.jpg

Accommodation

Namesq ftsq mAvailability
Building 40,500 3,762.57 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

Unit 5 Spa Park, Spartan Close/Ashbourne Drive - Martin 3.jpg

Further Information

  • Viewings

    Strictly by prior appointment only with the sole letting agents.

    Wareing and Company

    Bill Wareing FRICS
    01926 430700 • 07715 001018
    bill.wareing@wareingandcompany.co.uk

    Jonathan M Blood MRICS
    01926 430700 • 07736 809963
    jonathan.blood@wareingandcompany.co.uk

  • Terms

    The premises are available on an assignment of a 10 year lease from 18th June 2020. The passing rent is £323,208 per annum (less than £8 psf) which will increase on an RPI calculation as at June 2025 to a figure in the order of £380,000 per annum (£9 psf). This is less than current market rental values of open market lettings in the area.

    Consideration will be given to a sublease of the premises for a period of time up until the expiry of the occupational lease.