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Map
Area statsGuide price
£160,000Property for sale
131 Regent Street, Leamington Spa, CV32 4NX
Auction
Property
Features and description
- The property is available on a long leasehold basis for a term of 985 years. It is subject to an occupational lease for a term of 6 years with effect from 01/07/2025 at a current rent of...
For Sale By Public Auction on 26 March 2026 starting at 08:30 AM - An attractive ground floor retail investment property located in a sought after independent/boutique retail location within the town centre of the affluent Leamington Spa.
Current rental income - £14,000 per annum (rising to £14,500 per annum in June 2026 and £15,000 per annum in June 2027)
This well presented retail unit forms one of three shops within a parade, converted by the current owners in 2010 providing a modern open plan gents hair dressing salon, trading as Barbers at 131, and having ancillary WC and kitchenette to the rear of the unit.
It should be noted that the upper residential floors do not form part of the sale having previously been sold on a long leasehold basis.
Location
Located in one of the most sought after independent/boutique retail locations within Leamington Town Centre, and within close proximity of The Parade.
Regent Street comprises an attractive retail pitch which is popular amongst both local boutique and national operators. Within the vicinity occupiers include Bang & Olufsen, Gail's, JoJo Maman Bebe, Niels Yard, Caf Nero and Giggling Squid.
Royal Leamington Spa is a popular and affluent Regency Town lying approximately 2 miles east of Warwick, 8 miles south of Coventry and 18 miles South East of Birmingham.
Leamington Spa benefits from excellent access to the motorway network with direct access via Junctions 13 of the M40 and is located on the Chiltern main line with regular direct services to London Marylebone and Birmingham Snow Hill.
Energy Performance Rating
See legal pack
Tenure
The property is available on a long leasehold basis for a term of 985 years.
It is subject to an occupational lease for a term of 6 years with effect from 01/07/2025 at a current rent of £14,000 per annum (rising to £14,500 per annum in June 2026 and £15,000 per annum in June 2027). There is then a provision for a rent review on 01/07/2028.
Full tenure details and a copy of the lease will be available for inspection within the legal pack.
Value Added Tax
We are advised that VAT is payable, although it is anticipated that the transaction will be dealt with by way of a TOGC. Further details will be available within the legal pack.
Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.
Viewing Times
Strictly by appointment with the Auctioneers. Please complete the request a viewing' form or contact the office.
Live-streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.
Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information available on Bond Wolfe’s website), payable on the fall of the gavel/at the end of the online auction.
Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’ on the Bond Wolfe website, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Current rental income - £14,000 per annum (rising to £14,500 per annum in June 2026 and £15,000 per annum in June 2027)
This well presented retail unit forms one of three shops within a parade, converted by the current owners in 2010 providing a modern open plan gents hair dressing salon, trading as Barbers at 131, and having ancillary WC and kitchenette to the rear of the unit.
It should be noted that the upper residential floors do not form part of the sale having previously been sold on a long leasehold basis.
Location
Located in one of the most sought after independent/boutique retail locations within Leamington Town Centre, and within close proximity of The Parade.
Regent Street comprises an attractive retail pitch which is popular amongst both local boutique and national operators. Within the vicinity occupiers include Bang & Olufsen, Gail's, JoJo Maman Bebe, Niels Yard, Caf Nero and Giggling Squid.
Royal Leamington Spa is a popular and affluent Regency Town lying approximately 2 miles east of Warwick, 8 miles south of Coventry and 18 miles South East of Birmingham.
Leamington Spa benefits from excellent access to the motorway network with direct access via Junctions 13 of the M40 and is located on the Chiltern main line with regular direct services to London Marylebone and Birmingham Snow Hill.
Energy Performance Rating
See legal pack
Tenure
The property is available on a long leasehold basis for a term of 985 years.
It is subject to an occupational lease for a term of 6 years with effect from 01/07/2025 at a current rent of £14,000 per annum (rising to £14,500 per annum in June 2026 and £15,000 per annum in June 2027). There is then a provision for a rent review on 01/07/2028.
Full tenure details and a copy of the lease will be available for inspection within the legal pack.
Value Added Tax
We are advised that VAT is payable, although it is anticipated that the transaction will be dealt with by way of a TOGC. Further details will be available within the legal pack.
Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.
Viewing Times
Strictly by appointment with the Auctioneers. Please complete the request a viewing' form or contact the office.
Live-streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.
Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information available on Bond Wolfe’s website), payable on the fall of the gavel/at the end of the online auction.
Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’ on the Bond Wolfe website, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Area statistics
Crime score
High crime
10/10
About this agent
Bond Wolfe Auctions - Birmingham
1st Floor 75-77 Colmore
Birmingham, West Midlands
B3 2AP
0121 721 1015Our latest auction recorded 203 lots sold from the 213 offered, representing a success rate of 96% and raising £20.3 million in sales, breaking the record for the largest and most successful auction ever held outside of London. This brings our total sales in the 7 auctions we have held since we launched to over £101 million. We have a record-breaking and award-winning property auctions team with over 300 years’ combined experience in selling residential, commercial and mixed-use property, investments and land/development sites. We are the only auctioneers in the Midlands to have dedicated experts in each sector and we also have experience in handling more unusual properties such as garage blocks, ground rents, former public houses, churches, police stations and nursing homes. With our ‘traditional values and modern solutions’ approach, you can trust our passionate and dedicated team to look after you and your property, whilst taking advantage of the latest processes and technology.