Summary - SPA TYRES, ALTHORPE STREET CV31 1NQ
1 bed 1 bath Warehouse
Well-located industrial unit with strong transport links and redevelopment potential.
Large freehold warehouse approx. 8,294 sq ft
Set on Althorpe Street just south of Leamington Spa town centre, this substantial two-storey warehouse offers large open-plan storage, workshop and office spaces across circa 8,294 sq ft. Built around 1970 in brick with high-level windows, the building delivers practical industrial accommodation and good natural light — ideal for a trade occupier, storage operator or investor seeking a central Warwickshire base with excellent motorway links.
Internally the space is largely unfinished: concrete floors, exposed metal beams and high ceilings create flexible space but will require fit-out for specific uses. There is parking for 5–6 vehicles and potential to secure an additional yard area by separate negotiation, which adds operational value for loading and outdoor storage. Single and three-phase electricity is understood to be connected.
Key commercial considerations: the property is freehold, offered at £575,000, and has a current EPC rating of E (121). It occupies a sought-after transport position with Leamington Spa station within a five-minute walk and the M40 (J14 & J15) roughly three miles away. The building’s age, flat roof and dated finish mean refurbishment costs should be factored into acquisition budgets.
Risks and constraints are practical and straightforward. The location records above-average crime levels locally, and the property will need updating to modern standards to maximise value. Rateable value is £35,250; VAT may be chargeable and each party is responsible for its own legal fees.
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