Bond Wolfe Secures Another Retail Investment Sale in Royal Leamington Spa
Bond Wolfe has successfully completed the sale of a prime retail investment property in the highly sought-after Royal town of Leamington Spa, Warwickshire.
The property, located at 55 Warwick Street, is a 1,167 sq ft unit within a Grade II-listed building. It was sold to WTC & KS Ltd for £380,000.
Situated in a prominent trading position near Café Nero, Oxfam, and Tesco, the property is currently leased to CT Health Tourism Ltd, trading as the Turkish Barbers Club. The tenant pays an annual rent of £28,000 under a 15-year lease that runs until November 2031.
James Mattin, managing director at Bond Wolfe, commented:
“We are delighted to have completed yet another sale in the heart of Leamington Spa. Private investors continue to show strong interest in retail-led investment opportunities in this vibrant and popular location.”
The vendor received legal advice from CBTC in West Bromwich, while Mann & Co of Sandwell acted on behalf of the buyer, WTC & KS Ltd.
Continued Success in Leamington Spa
This deal marks another milestone in Bond Wolfe’s string of successful transactions in Leamington Spa.
Currently, Bond Wolfe is marketing another retail investment in the town centre, located at the corner unit of Lunn Poly House. The property is let to Space Healthcare Ltd, generating a passing rent of £40,000 per annum under a 10-year lease that expires in January 2027. The property is being offered at an asking price of £545,000, with offers invited.
For inquiries about this opportunity or other investments, interested parties can contact James Mattin at 0121 525 0600, 0121 524 1172, or by email at [email protected].