Located above a bustling shopfront, this upper floor residential space offers a unique investment opportunity with its existing layout as a five to six-bedroom apartment that boasts its own independent entrance from Parade. The property enjoys a separate Council Tax assessment (Band E, 118a Parade), affirming its status as a self-contained dwelling, providing privacy above the lively street below.
The ground level features a highly visible retail unit with steady foot traffic, complemented by additional retail and storage areas at the rear, accessible via Bedford Street. Notably, there is full planning permission (ref: W/15/1993) for converting these spaces into three self-contained residential units, presenting an immediate pathway to adding significant value—whether you choose to develop all at once or in phases while continuing to generate income.
Spanning both Parade and Bedford Street, this freehold title encompasses multiple access points and extensive basement storage within close to 6,000 sq ft of internal space. Its flexible layout provides ample opportunity for selective upgrades or comprehensive redevelopment tailored to fit individual investor goals or owner-occupier needs in this prime central location.
Situated on the main boulevard of Royal Leamington Spa, surrounded by independent shops and popular cafés, the area thrives with vibrant local culture. Nearby are key landmarks like Regent Court and Regent Street along with Jephson Gardens and Victoria Park—enhancing quality of life for residents and appealing to future tenants.
With Leamington Spa railway station nearby offering direct links to Birmingham and London, the property is ideally positioned for both commuters and those seeking town-centre living. Ample public car parking options further support potential retail endeavors alongside residential developments.