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27 St. John's 552 SF of Assignment Available in Warwick CV34 4NE
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 552 SF | Sep 2027 | $57.28 CAD/SF/YR $4.77 CAD/SF/MO $31,619 CAD/YR $2,635 CAD/MO | Fully Repairing & Insuring |
Ground
The premises are available by way of assignment of the balance of the 15 year lease from 29th September 2012, which expires on the 28th September 2027. The lease is within the Landlord & Tenant Act as regards security of tenure and, as such, any tenant will benefit from rights to renew. CURRENT RENT The current rent is £17,000 per annum exclusive. TERMS Offers are invited for the benefit of the lease and the existing fixtures and fittings. The property is being sold as seen to include all of the existing fixtures and fittings to include kitchen equipment, refrigerators, freezers and storage units, etc. Any personal items are excluded from the sale.
- Use Class: E
- Assignment space available from current tenant
- Located in-line with other retail
- Kitchen
- Private Restrooms
- Automatic Blinds
- First Floor - Residential
- Further Wet and Dry Storage Areas
- Hot Food Takeaway Retail Unit
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 552 SF | Gross Leasable Area | 552 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 552 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 552 SF |
| Year Built | 1900 |
ABOUT THE PROPERTY
The property comprises a ground floor lock-up shop with hot food takeaway use, together with separate self-contained two bedroom first floor accommodation. St John's is a popular parade of shops situated between Warwick and Leamington Spa off the Coventry Road. Adjoining occupiers include William Hill, Co-Op Funeral Service, One Stop, Domino's, Subway and St Johns Fish Bar. Ming Kee Chinese Takeaway has been operating from this location as a family run business from the 1970's. The lease is available due to retirement and the property's lease is being sold as seen with all existing fixtures and fittings.
- Bus Line
- Storage Space
Presented by
27 St. John's
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