CV32 160-164 The Parade, Leamington Spa

The property comprises three terraced units, let to three individual commercial tenants producing a combined income of £70,500 p.a. which we summarise below:

160 Parade - let to A Plan Insurance Group for a term of 10 years expiring 11/12/20027 at a rent of £23,500 p.a.

162 Parade - let to Hamesh Antique Furniture Ltd for a term of 3 years, expiring 10/01/26 at a rent of £25,000 p.a.

164 Parade - let to Reynolds Interiors Ltd for a term of 5 years, expiring 28/09/28 at a rent of £22,000 p.a.

In addition the upper parts have been converted to 10 flats and have been sold off on long leaseholds. The total ground rent is £1,000 per annum.

The Parade is the premier retail and leisure street in Leamington Spa, a highly affluent and picturesque spa town in Warwickshire. The town is served by a mainline train station providing serves into London and Birmingham. By road, it is situated a short distance to the east of the A46 which connect in tourn to the M40, M69 and M6 motorways.