Summary - FIRST FLOOR, THE WHARF CENTRE, WHARF STREET CV34 5LB
1 bed 1 bath Commercial Property
Large brick industrial complex with parking and redevelopment upside.
Current income £70,770 per annum exclusive
Situated between Warwick and Leamington Spa and overlooking the Grand Union Canal, this brick former factory complex offers an established income stream and clear asset-management upside. The property currently produces £70,770 pa (exclusive) and comprises a mix of single- and two-storey industrial/warehouse buildings with a surfaced forecourt providing approximately 14 car spaces.
Construction is traditional red brick with pitched slate roofs and modern UPVC windows; internal layout includes open-plan workshop/warehouse bays with ancillary offices. The site is immediately accessible from Wharf Street, close to motorway and rail links, and benefits from excellent mobile signal and fast broadband — useful for continued commercial occupation or service-led businesses.
There is redevelopment and refurbishment potential subject to planning, making the asset a suitable holding for investors seeking income plus upside, or for an occupier requiring yard, parking and vehicle access. External space is hardstanding rather than landscaping, and internal condition and exact floor areas will require full inspection and plans to confirm scope and cost of works.
Material points to note: the property is offered freehold at £1,240,000; future change of use or redevelopment will need planning consent. The asset appears well-located for light industrial, storage, or conversion projects but may require significant internal refurbishment to realise rental growth or alternative uses.
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