Bond Wolfe Achieves £490,000 Sale of Healthcare-Occupied Investment in Royal Leamington Spa

Our commercial agency team has successfully completed the sale of a prominent retail investment in the heart of Royal Leamington Spa, with 7, 8 and 9 Lunn Poly House on The Parade selling for £490,000 to a local investor following strong levels of interest.

Occupying a high-profile corner position close to Clarendon Avenue, the property sits among a strong mix of national retailers including Tesco, Greggs and Poundland, reinforcing its status as a prime trading location.

The ground floor is let to Space Healthcare Limited, a premium provider of laser eye surgery, cataract treatment, optical care and dental services. The tenancy produces £40,000 per annum, reflecting a net initial yield of 7.80%, with the operator secured on a 10-year lease running until January 2027. The accommodation extends to 4,840 sq ft with rear service access.

James Mattin, Managing Director of Bond Wolfe, commented:

“We are delighted to have concluded another successful sale in Leamington Spa. The level of interest received demonstrates how resilient demand remains for well-let retail and healthcare investments in strong regional centres. Despite wider economic commentary, private investors continue to seek quality stock with secure income.”

The property is held on a long leasehold basis, with a new 999-year lease at a peppercorn ground rent providing long-term security.

Royal Leamington Spa continues to attract investors thanks to its affluent demographic, elegant Regency architecture and excellent transport connectivity. The town benefits from Chiltern Railways services to Birmingham and London Marylebone, easy access to Junctions 13–15 of the M40, and is just 30 minutes from Birmingham International Airport.

Active Buyers Seeking Similar Opportunities

Bond Wolfe currently has a number of active investors looking for similar commercial properties and land opportunities in Leamington Spa and the wider Warwickshire region.

If you are considering selling or would like confidential advice on the value of your commercial asset, please contact our Commercial Agency team.

CBTC West Brom acted for the vendor, with Starck Uberoi Solicitors representing the purchaser.