CV31 3NE - Restaurant for sale in 79 Spencer Street, Leamington Spa, W…

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Restaurant for sale in 7-9 Spencer Street, Leamington Spa, Warwickshire, CV31 3NE, CV31

Summary - 7-9, SPENCER STREET CV31 3NE

1 bed 1 bath Restaurant

**Standout Features:**
- **Location:** Prime town centre position in Leamington Spa.
- **Capacity:** Spacious interior with seating for 85 covers.
- **Building:** Mid-terraced Georgian property with attractive restaurant frontage.
- **Utilities:** Connected to mains gas, electricity, water, and drainage.
- **Tenure:** Freehold with long leases for residential upper floors.
- **Potential:** E User Class (Restaurant) allows for various dining establishments.
- **Price:** Available for £315,000 or lease at £24,000 per annum.

**Summary:**
This charming restaurant at 7-9 Spencer Street offers a fantastic opportunity for entrepreneurs seeking a vibrant business venture in the heart of Leamington Spa. Accommodating 85 covers, the spacious ground and lower-ground floors boast a welcoming atmosphere ideal for a variety of dining concepts. With an attractive frontage and situated in a bustling area close to local amenities, including bars, theatres, and beautiful public gardens, this property draws foot traffic vital for success.

However, prospective buyers should note that the upper residential floors are leased out, contributing to maintenance costs. While in overall good condition, the building's period features may require attention to maintain its character and appeal. The current operational setup provides immediate potential, but there’s room for creativity and redevelopment, allowing the new owner to make their mark in this thriving community. Priced competitively at £315,000, this property is poised to move quickly—don't miss the chance to establish your dream in this sought-after location!

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