This upper-level residential space, already operating as a five to six-bedroom apartment, boasts its own independent entrance from Parade, creating a distinctly separate living environment. Its status is further emphasized by a separate Council Tax assessment (Band E, 118a Parade), ensuring clarity on its residential standing. The prominent retail unit on the ground floor directly addresses Parade, providing high visibility and good foot traffic. Additionally, there’s an opportunity to convert the rear retail and storage area into three self-contained residential apartments, backed by full planning permission (ref: W/15/1993). This presents a valuable chance for investors to enhance the property's worth whether through immediate development or progressive phases alongside ongoing rental income.
Covering nearly 6,000 sq ft and benefiting from multiple access points and extensive basement storage, this freehold property offers substantial versatility for selective refurbishment or longer-term reconfiguration. It’s ideally suited for owner-occupiers or developers looking to capitalize in a desirable central location.
The building enjoys a prime position on Parade, amidst a vibrant mix of shops and cafes that anchor Royal Leamington Spa’s social scene. Nearby cultural landmarks such as Regent Court and Leamington Town Hall add to the appeal of the area. Residents will appreciate the proximity to green spaces like Jephson Gardens and Victoria Park, enhancing quality of life and sustaining strong residential demand.
Excellent transport links via Leamington Spa railway station provide quick access to Birmingham and London, making it an attractive base for commuters while nearby public car parks facilitate short-term retail operations and mixed-use development.
