Commercial Property For Sale in Blackdown Leamington Spa, Warwickshire, CV32

Land Size: 5 acres Floor Area: 21720ft²

A unique opportunity to acquire two buildings totalling almost 22,000 sq ft (GIA) in five acres of private grounds located in a prime position in Leamington Spa.

The Manor House Cranford which was built in 1899 to an exceptional standard for the Spencer family was converted back to residential use by the sellers in 2015 and now provides five large reception rooms, a kitchen breakfast room measuring 46 feet (in length) by 16 feet, with cloakroom, utility room and cellar and six bedrooms and four bathrooms above accessed from a double height oak panelled reception hall with a wide sweeping oak staircase (an additional secondary staircase connects the rear accommodation and first floor hallway).

Cranford House the adjoining building was until recently used by ABRDN as offices and although still fitted to a high specification as offices (including daylight lighting and air conditioning) benefits from permitted development rights to convert to residential use (subject to following the prior notification and approval procedure with the local planning authority).

Offered with vacant possession for the first time in 25 years, the whole site offers a buyer the opportunity to use as either residential or office space with the benefit of probably the largest private grounds in the Leamington area.

Both properties are accessed by a private estate road which runs for about 300 metres from the gated entrance from the A452 Kenilworth Road through the grounds.

Cranford House itself is being advertised with 86 car parking spaces to let at a rent of over £280,000 pa (on a full repairing and insuring basis) representing a net rent of £22 psf.
The Manor House has additional parking for a further 20 vehicles in the courtyard area or the gravelled parking area to the rear.

Both properties are currently being offered with full vacant possession at completion and offer the opportunity to create probably the biggest private residence in the area, to repurpose for an institutional, headquarters office or educational use or to occupy part and re-let Cranford House to provide a substantial rental income.

Outside
The Estate also includes a fenced paddock and other potential development land totalling about three acres (subject to any necessary consents) and the land, and buildings offer the opportunity for redevelopment or change of use in the future with a view to adding further value, set in around two acres.
There are extensive gardens and grounds and two further lodges with land and a carpark occupying a further two acres available by separate negotiation.

Services, Utilities & Property Information
Utilities – The estate is connected to mains gas, electricity, and water. There is a private drainage sewage treatment plant system. The central heating and hot water in The Manor House is oil fired.
Mobile Phone Coverage - 4G and 5G mobile signal is available in the area we advise you to check with your provider.
Broadband Availability - Ultrafast Broadband Speed is available in the area, with predicted highest available download speed 1000 Mbps and highest available upload speed 100 Mbps.

Tenure: Freehold | Council Tax band: E | EPC Rating: C

Business rates apply.

Local Authority - Warwick District Council

For more information or to arrange a viewing, contact James Pratt at Fine & Country Leamington Spa.

Important information

This is a Freehold property.

This Council Tax band for this property H