* Freehold
* Freehold Shop and Residential Investment
* Current Rental Income £24, 200pa
* Stratford - upon - Avon Town Centre
* 128. 94m2 (1, 387 sq ft) gia
The property is a grade 2 listed three storey, Victorian fronted building,
offered for sale as a mixed use freehold investment. It comprises a ground
floor shop and separately accessed residential apartment set over first and
second floors.
It is prominently situated in the heart of Stratford upon Avon's town centre
and near to all local, retail, leisure and cultural amenities.
**Location**
Stratford - upon - Avon is an international tourist destination with over 2. 5
million visitors annually, due to its historical connections and extensive
catchment area. The town is also situated in the heart of the Midlands and
benefits from easy access to Junction 15 of the M40 and the national road
network. The resident population of roughly 55, 000 together with the high
number of visitors makes Stratford a vibrant town centre location.
**Investment Summary**
Commercial Ground Floor - Montpellier Gallery:
A lease of the premises on iri terms with a passing rent of £17, 000pa. The
tenant is holding over on a lease which is within the security of tenure
provisions of the 1954 Landlord & Tenant Act. The tenant has indicated a wish
to remain in the premises on lease terms to be agreed with the new freeholder.
Residential Upper Floors:
The Flat 8 Chapel Street - Let on a periodic Assured Shorthold Tenancy at a
passing rent of £600pcm.
Gross Initial Yield of 5. 15%
**Accommodation**
Ground floor - Retail 72. 10m2 (776 sq ft)
First & Second Floor - Residential56. 84m2 (611 sq ft)
Total gia 128. 94m2 (1, 387 sq ft)
**Services**
It is understood that electric, water and foul water drainage are connected to
the property. All interested parties are advised to make their own enquiries
with the suppliers to ensure continuity of supply.
**Business Rates & Council Tax**
Retail Rateable value from 1 April 2023: £12, 000
Residential Council Tax band: C
**Epc**
Commercial EPC: B
Residential EPC: E
**Viewing**
To discuss the property or to arrange a viewing please contact the Commercial
Team on or
**Important Notes**
We are required by hmrc to conduct anti - money laundering checks on all parties
with an interest in the property and accordingly we will require forms of
identification in due course.
Particulars: These Particulars do not constitute an offer or contract and
should not be relied upon as being factually accurate, the photographs show
only part of the property and the areas, measurements and distances given are
approximately only. A buyer or a lessee must make their own enquiries or
inspections and should not solely rely on these Particulars or other
statements by Sheldon Bosley Knight.
VAT: The VAT position relating to the property may change without notice.

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