ALDI 2013 Freehold Sale Due Relocation User Guide
- June 15, 2024
- ALDI
Table of Contents
ALDI 2013 Freehold Sale Due Relocation
Product Information
- Specifications
- Property Type: Former Aldi Stores Retail Unit
- Location: Queensway, Leamington Spa, Warwickshire CV31 3AH
- Size: 16,361 sq ft (1,520 sq m) gross internal
- Parking: Approximately 60 dedicated parking spaces and an HGV delivery area
- Site Area: 1.24-acre freehold plot
- Suitable Uses: Non-food retail, self-storage, leisure, or redevelopment for residential (subject to planning)
- Planning: Prospective occupiers will need to seek planning consent for alternative purposes
- EPC Rating: B
- Tenure: Freehold or new lease on terms to be agreed
Product Usage Instructions
- Location
- The property is located at Queensway, Leamington Spa, Warwickshire CV31 3AH.
- Property Description
- The property is a purpose-built former Aldi food store, built in 2013. It has a gross internal area of approximately 16,361 sq ft.
- Planning
- The store previously had planning consent for a food retail store, but this use has been extinguished.
- Prospective occupiers will need to seek planning consent for alternative purposes such as residential, care home, self-storage, non-food retail, or car showroom, subject to planning permission.
- EPC Rating
- The property has a B rating in terms of energy efficiency.
- Tenure
- The property is held under part of title number WK445197. The vendors are seeking offers for either freehold disposal or a new lease on terms to be agreed.
- Viewing
- The property is immediately available for viewing. Please contact the sole agent, Richard Rae at Rae & Co Ltd, to arrange a viewing appointment.
- Legal Costs
- Each party will be responsible for their legal costs.
- Price
- Offers are invited for the benefit of this valuable freehold property. Alternatively, leasehold offers may be considered. Please speak to Richard Rae at Rae & Co Ltd for further details.
- FAQ (Frequently Asked Questions)
- Q: What is the size of the property?
- A: The property has a gross internal area of approximately 16,361 sq ft (1,520 sq m).
- Q: Is there parking available?
- A: Yes, there are approximately 60 dedicated parking spaces and an HGV delivery area.
- Q: What are the suitable uses for the property?
- A: The property is suitable for non-food retail, self-storage, leisure, or redevelopment for residential purposes, subject to planning permission.
- Q: How can I arrange a viewing?
- A: To arrange a viewing, please contact the sole agent, Richard Rae at Rae & Co Ltd.
- Q: What is the EPC rating of the property?
- A: The property has a B rating in terms of energy efficiency.
STORES RETAIL UNIT
FORMER ALDI STORES RETAIL UNIT QUEENSWAY, LEAMINGTON SPA, WARWICKSHIRE CV31 3AH
- 16,361 SQ FT (1,520 SQ M) GROSS INTERNAL, APPROX
- 60 DEDICATED PARKING SPACES AND HGV DELIVERY AREA
- SITE AREA 1.24 ACRE FREEHOLD PLOT
- SUIT NON-FOOD RETAIL, SELF-STORAGE, LEISURE OR REDEVELOPMENT FOR RESIDENTIAL, SUBJECT TO PLANNING
- PRIME LOCATION
PRODUCT INTRODUCTION
LOCATION
- The property comprises the former Aldi store, which was developed in 2013 and has now been replaced by a larger Eco store of the future – which is immediately adjacent.
- The property sits prominently on Queensway and very close to Leamington Shopping Park which features Sainsbury’s, M&S, TK Maxx, Next, and Boots.
THE PROPERTY
- The property comprises of a purpose-built former Aldi food store which is now vacant as Aldi has relocated into an adjacent larger Eco store of the future.
- The former Aldi store was built in 2013 and is approximately 16,361 sq ft gross internal.
PLANNING
- The store previously had planning consent for a food retail store, but this use has been extinguished as a result of the recent Section 106 agreement which was entered into and prospective occupiers will need to seek planning consent for alternative purposes – such as residential, care-home, self-storage, non-food retail, car showroom etc, subject to planning permission. A covenant against food retail use will be imposed.
EPC
- The property has a B rating.
DATA ROOM
- Further information is available via the DATA ROOM – apply to Rae & Co Ltd for access.
TENURE
- The property is held under part of title number WK445197.
- Part of the site shown on the title has been removed to allow a larger car park for the adjacent development.
- The vendors are seeking offers for either freehold disposal or a new lease on terms to be agreed upon.
TIMING AND VIEWING
- The property is immediately available and viewing can be arranged through the sole agents.
LEGAL COSTS
- Each party is to be responsible for their legal costs.
RATES
- Rateable value: £265,000
- Rates payable: £135,680
PRICE
- Offers are invited for the benefit of this valuable freehold property. Alternatively, leasehold offers may be considered.
- Please speak to Richard Rae at Rae & Co Ltd.
- Viewing strictly by appointment only.
- Telephone: 01782 646555
- Email: richard@raeandco.co.uk.
- Tel: 01782 646555
- Mob: 07967 011829
FLOOR PLAN
Disclaimer
Rae & Co Ltd conditions under which particulars are issued. Rae & Co Ltd for themselves, for any joint agents, and for the vendors or lessors of this property whose agents they are give notice that:
- The particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of, an offer or contract.
- All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact, but satisfy themselves by inspection or otherwise as to the correctness of each of them.
- No person in the employment of Rae & Co Ltd or any joint agents has any authority to make or give any representation or warranty whatsoever with this property.
- All prices are quoted exclusive of V.A.T.
- Tel: 01782 646555
- Mob: 07967 011829
References
Read User Manual Online (PDF format)
Read User Manual Online (PDF format) >>