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Property
Key information
Property description & features
- Tenure: Freehold
- INVESTMENT SALE
- THREE STOREY GRADE II LISTED
- COMMERCIAL
- TOTAL FLOOR AREA 153.40SPM
LOCATION 68 Market Place is prominently situated in the heart of Warwick town centre; directly opposite New Street, and close to the junction of Swan Street and Brook Street. It is close to the Market Hall Museum, a 17th century landmark building and visitor attraction, as well as the worldrenowned Warwick Castle “Britain’s Ultimate Castle”.
DESCRIPTION The property comprises a three storey Grade II Listed Building understood to date from the early 19th Century with red brick façade, and two window range of twelve and nine pane sash windows with painted rendered heads, set beneath a parapet roof.
ACCOMMODATION The approximate floor areas measured on a Gross Internal Area basis are as follows:
Ground Floor Zone A 29.23 sq m (315 sq ft) Zone B 22.87 sq m (246 sq ft) Zone C 18.26 sq m (196 sq ft)
First Floor 47.66 sq m (513 sq ft)
Second Floor 35.38 sq m (381 sq ft)
TOTAL 153.40 sq m (1,651 sq ft)
SERVICES Mains electricity, water and drainage are all understood to be connected to the property (interested parties should satisfy themselves as to the accuracy of this information). TENURE The property is available freehold, subject to the existing lease to British Heart Foundation, brief details of which are:
Lease start date 15 May 2018 Lease end date 14 May 2028 Lease break date 24 June 2025 Initial rent £15,250 per annum exclusive
COSTS Each party are to bear their own costs in the purchasing of the property, with the purchaser paying any Stamp Duty and/or VAT.
PLANNING No enquiries have been made of the local planning authority relating to the current use. The property has been otherwise in continuous use for retail purposes.
BUSINESS RATES Rateable Value: £14,000.00 Rates payable 2021/22: £6,986.00
PRICE Offers for the freehold are sought in the region of £275,000 (two hundred and seventy-five thousand Pounds).
VIEWING By appointment only via the sole agent, please contact
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Property reference 5289. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Godfrey Payton - Warwick.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on February 9, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on February 9, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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