Property overview

33 The Parade, Leamington Spa, CV32 4BL

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Dec 2018

Sale of a prime retail investment on The Parade in Leamington Spa.


The property lies on the corner of The Parade and Warwick Street, opposite Boots, Next and Caffe Nero.


The ground floor is let to East on a 10 year lease from 2014 at £50,000 per annum. The upper floors are let to a beautician on a lease expiring in 2020 at £15,000 per annum.


The property was sold for £1,045,000 which represents a net initial yield of 5.88%, assuming full costs of purchase of 5.8%.


View other retail & retail warehousing transactions.he corner

of The Parade and 8%.