Summary - 32 Parade,LEAMINGTON SPA,CV32 4BQ CV32 4DN
1 bed 1 bath Commercial Property
**Standout Features:**
- Prominent retail investment in affluent Royal Leamington Spa
- Four-story Georgian property with 4,003 sq. ft. of space
- Currently leased to EE Limited until July 2025, generating a passing rent of £82,500 p.a.
- Prime trading position adjacent to major retailers such as Tesco, McDonald's, and Caffè Nero
- Excellent transport links to Birmingham and London
- Attractive net initial yield of 8.73% based on asking price of £895,000
**Concise Property Summary:**
Discover a lucrative investment opportunity in the heart of Royal Leamington Spa with this prominent Georgian-style commercial property at 32 The Parade. Extending over 4,000 sq. ft., this well-maintained building currently serves as an EE store, with a secure 10-year lease set to expire in July 2025. Located near high foot traffic businesses like Tesco and McDonald’s, the property's ideal position capitalizes on the area’s affluence and vibrant shopping atmosphere.
However, prospective buyers should be aware of the remaining two years on the lease, which could pose mortgage lending challenges. While the area is known for its high crime rates, it remains a desirable locale for both retail and residential opportunities. With easy access to public transportation and rapid routes to Birmingham and beyond, this property not only represents an investment with immediate return potential but also offers the future flexibility for enhancements or changes, making it perfect for savvy investors. Don't miss out on this remarkable opportunity; properties of this stature in such a prime location are rare in the market!
Commercial property for sale in 30 The Parade, Leamington Spa, Warwickshire, CV32 4DN, CV32 — £795,000 • 1 bed • 1 bath • 3388 ft²
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