Summary - Prym's Restaurant,48 Brook Street,WARWICK,CV34 4BL CV34 4BL
1 bed 1 bath Retail Property (high street)
Characterful town‑centre unit with rental or owner‑occupier potential.
Freehold three‑storey Victorian retail with cellar, 1,053 sq ft
A prominent corner freehold in the heart of Warwick town centre, this three‑storey Victorian retail premises delivers strong street visibility and flexible space across 1,053 sqft. The ground floor offers a plate‑glass display window and direct access to a vaulted cellar, while first and second floors provide office or ancillary accommodation. EPC rating B and mains services connected reduce immediate compliance concerns.
The property is offered chain free at offers in the region of £235,000 and the owner is open to granting a new lease at £18,000 pa on a full repairing and insurance basis — giving buyers the choice to occupy, relet, or run as an investment. The current Rateable Value is £13,500, and vehicular access to the M40 is convenient, supporting regional footfall and trade.
Practical considerations: the interior needs light refurbishment and decorating, with visible paint and finish issues and some two‑level renovation required to modernise fittings and layout. The plot is very small, limiting expansion, and recorded local crime levels are high — factors for operators and investors to factor into security and insurance budgets.
This property suits an investor or owner‑occupier seeking a central, characterful retail base with immediate rental potential and redevelopment upside from internal reconfiguration. Its prominent corner position, cellar space and nearby amenities make it a practical commercial opportunity, provided required refurbishments and locality risks are accepted and budgeted for.
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