ALDI WK445197 Former Stores Retail Unit Owner’s Manual
- June 15, 2024
- ALDI
Table of Contents
ALDI WK445197 Former Stores Retail Unit Owner's Manual
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
LOCATION
The property comprises the former Aldi store, which was developed in 2013 and
which has now been replaced by a larger Eco store of the future – which is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 have relocated into an adjacent larger Eco store of the future.
The former Aldi store was built in 2013 and is approximately 16,361sq 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 a freehold
disposal or a new lease on terms to be agreed.
TIMING AND VIEWING
The property is immediately available and viewing can be arranged through the
sole agents.
LEGAL COSTS
Each party to be responsible for their own 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: [email protected]
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:
i. 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.
ii. 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.
iii. No person in the employment of Rae & Co Ltd or any joint agents has any
authority to make or give any representation or warranty whatever in relation
to this property.
iv. All prices are quoted exclusive of V.A.T.
Tel: 01782 646555 Mob: 07967 011829 Email: [email protected]