Restaurants in Royal Leamington Spa available to rent
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Restaurant to Rent in Royal Leamington Spa (Leamington Spa)

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Restaurants to rent within 5 miles of Royal Leamington Spa (Leamington Spa)

More details for 72-74 Smith St, Warwick - Office, Retail to Rent

72-74 Smith St

Warwick, CV34 4HU

  • Retail to Let
  • £14,000 pa
  • 521 - 1,303 sq ft
  • 2 Spaces Available Now

Warwick Office, Retail to Rent

These premises span two storeys and are prominently located at the south-eastern end of historic Smith Street (A425), which is a picturesque one-way street close to the commercial heart of Warwick and comprising many Listed Buildings with a number of independent retailers and restaurants, etc. Situated in the heart of Warwick, this stylish ground-floor bar offers an exceptional space for both casual and upscale experiences. With a prime location on a busy street with car parks located within close proximity, it attracts foot traffic and provides easy access for both locals and visitors. The contemporary design features a mix of industrial and cosy elements, making it perfect for a variety of events, from after-work drinks to weekend celebrations.

Contact:

Loveitts Ltd

Date on Market:

26/08/2025
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LoopNet UK Warwickshire Leamington Spa Restaurants To Rent in Royal Leamington Spa, Leamington Spa, UK

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Frequently Asked Questions About Renting A Restaurant in Royal Leamington Spa

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What should I consider before renting a restaurant?
Consider the location, footfall, nearby competition, size of the premises, kitchen facilities, extraction systems, licensing, business rates, and whether the layout supports your concept. Planning permission and permitted use are also key.
What is the typical lease length for a restaurant?
Most restaurant leases in the UK are between 5 and 15 years, often with a break clause or rent review after a set period. Short-term lets or pop-ups may be available in some areas.
Do I need planning permission to open a restaurant?
Yes, the premises must have the correct planning use class. Restaurants typically fall under Use Class E (formerly A3). If the premises does not have the correct use, you may need to apply for a change of use through the local council.
What licences do I need to operate a restaurant?
You will need a premises licence if you plan to serve alcohol, play music, or trade late. A food business registration with the local authority is also required before opening.
Are business rates included in the rent?
Usually not. Business rates are typically paid separately by the tenant. However, some landlords may offer rent packages that include rates or service charges. Always confirm what's included.
What is key money and is it common?
Key money is an upfront payment for securing a sought-after lease, often in high-demand areas. It can include fixtures, fittings, goodwill, or lease assignment value. It's more common in established restaurant areas like London or city centres.
Can I take over an existing restaurant?
Yes. Many restaurant premises are offered as lease assignments or with existing fit-outs. This can save on setup costs, but make sure to review existing equipment, licences, and obligations under the lease.
What should I check in the lease agreement?
Check repair obligations, permitted use, rent reviews, service charges, signage rights, and whether you can make alterations. Always seek advice from a solicitor familiar with commercial leases.
Can I renovate or fit out the restaurant space?
Generally yes, but you’ll need the landlord’s written consent for significant changes. Some premises come with a ready-to-use fit-out, while others are let as a blank shell.
How much does it cost to rent a restaurant in Royal Leamington Spa?
Rental prices vary by area and size. Prime high street or city centre locations command higher rents, while fringe or suburban areas are more affordable. Additional costs include fit-out, licences, deposits, and business rates.
How do I find a restaurant to rent in Royal Leamington Spa?
Search on LoopNet, and contact agents who specialise in hospitality and leisure property.

Find More Restaurants to Rent in and Near to Royal Leamington Spa (Leamington Spa) on LoopNet

Royal Leamington Spa (Leamington Spa) Restaurant Rental Market Summary

Key rental metrics for Restaurants in Royal Leamington Spa (Leamington Spa) and comparable markets. This snapshot combines rental rates and typical space sizes to provide a comprehensive view of the rental market.

Market Avg Rent Per Sq Ft Typical Size
Warwick £20 912 sq ft
Coventry £16 2,977 sq ft
Stratford Upon Avon £18 2,237 sq ft
Solihull £27 440 sq ft
Alcester £11 1,230 sq ft

Rent Analysis for Royal Leamington Spa (Leamington Spa) Area

Compare rental rates per square foot across cities near Royal Leamington Spa (Leamington Spa). These rates help establish market benchmarks and identify opportunities for tenants and landlords in the commercial rental market.

City Min Rent Per Sq Ft Avg Rent Per Sq Ft Max Rent Per Sq Ft
Warwick £20 £20 £20
Coventry £11 £16 £32
Stratford Upon Avon £15 £18 £22
Solihull £27 £27 £27
Alcester £11 £11 £11

Available Restaurant Sizes Near Royal Leamington Spa (Leamington Spa)

Overview of Restaurant sizes currently available in the Royal Leamington Spa (Leamington Spa) area. Understanding the typical size range helps narrow your search based on space requirements and operational needs.

City Smallest Space Typical Size Largest Space
Warwick 521 sq ft 912 sq ft 1,303 sq ft
Coventry 861 sq ft 2,977 sq ft 6,265 sq ft
Stratford Upon Avon 1,506 sq ft 2,237 sq ft 3,470 sq ft
Solihull 440 sq ft 440 sq ft 440 sq ft
Alcester 1,230 sq ft 1,230 sq ft 1,230 sq ft

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