26 Warwick New Road, Leamington Spa, Warwickshire, CV32 6AA

Location

Situated on the A445 and an ideal position with easy access to both Leamington Spa's town centre as well as Warwick and the Midlands motorway network, Warwick New Road is a prestigious local address. There are a wealth of retail units, restaurants and bars within a mile of the building. Jaguar Land Rover is approximately nine miles away at Gaydon and The University of Warwick is approximately seven miles away.

Description

The property comprises an attractive double fronted period building of some character previously occupied as a residential care home (C2 use) comprising ensuite bedroom accommodation at both ground floor and first floor level together with catering facilities and residents communal lounge areas. The property has a decent tarmacadam laid forecourt providing ample outside parking. The property lends itself to a variety of possible uses including potentially as a boutique hotel or similar in addition to the former residential care use (subject to any necessary consents).

Services

The unit is connected to mains services including electricity, gas, water, and drainage. Prospective purchasers should make their own enquiries regarding the availability of broadband, and three-phase power to ensure suitability for their operational needs.

Rates Comments

As the property is currently classified as a care home, it falls under domestic use and is therefore liable for council tax at Band G. If it is redeveloped for commercial use or a similar purpose, it is likely to become liable for business rates and a new rateable value would need to be assessed.

Energy Performance Certificate

C-66

Planning

Presently Class C2 as defined by the Town & Country Planning Act (Use Classes Order).

VAT

VAT is not charged on the property.

Legal Costs

Each party to pay their own legal fees.

Viewing

To arrange a viewing please contact the Commercial Team on commercial@loveitts.co.uk or 024 7622 8111 (Option 2)