Investment.

Leamington Spa.

Regent Square House, CV32 4NR

Map View

Status.

Sold on 01/07/2021

Price.

£7,000,000

Service Charge.

The current service charge year runs from 1st April 2020 and expires on 31st March 2021. The budget for the current year is £139,428.34 which reflects circa £5 per sq ft for the office accommodation and circa £3.50 per sq ft for the retail. There are currently no landlord shortfalls.

Location.

The property occupies a prominent corner position on a busy section of Parade at its junction with Regent Street. The building’s central location means it is set within a vibrant mixed use environment, with access to a range of business, retail and leisure facilities including the Royal Priors Shopping Centre and Regent Court as well as excellent transport links.Retail occupiers in close proximity include Superdrug,River Island, Mint Velvet, Wagamama, Ryman, Lloyds Bank and L’Occitane as well as a Travelodge. Two of the entrances to the Regent Court Shopping Centre are also located nearby on Parade and Regent Street.

Description.

The property comprises a landmark office building situated in the heart of the town centre providing 3 upper floors of contemporary, office accommodation above ground floor retail/restaurant units. In addition there are two pavement kiosks located on Parade.The upper floors have been extensively refurbished and benefit from excellent natural lighting, high floor-to-ceiling heights of up to 2.7m, fully accessible raised floors, new ducted A/C system, feature lighting and a 17 space car park to the rear (a ratio of 1:191 sq ft).  The well configured retail accommodation is arranged with sales on ground floor and ancillary space at basement level.

Rent.

£603,121.00 per annum exclusive

Tenure.

Freehold

Yield.

Share.

All viewings are strictly by prior appointment.

David Freeman.

Partner | Investment

Ed Smith.

Partner | Investment

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson