Office to let in Warwick Road, Stratford Upon Avon CV37, £75,000 pa

75,000.00 per month

Offer Nr.:
63306248
Type of ad:
to Rent
Property type:
Office to let
Contact name:
Tim Cox Associates
Phone(s):
01789 229748

* Unfurnished
* Excellent grade II listed office building
* Net useable area approx 4048 sq ft
* 10 parking spaces
* Fitted out to A good standard
* Current lease expires in June 2023
* Potential residential development opportunity (subject to the necessary consent
**Description**
The property comprises a three - storey Grade II listed building fronting the
Warwick Road with a modern brick extension at the rear. The offices are fitted
out to a high standard with modern lighting and gas fired central heating .
The offices are currently laid out as a number of individual rooms but it
would be possible to create more open plan offices in the modern extension.
**Current lease**
The current tenants are relocating to larger offices in the town. The current
rent is £107, 590 per annum and the lease expires on 30th June 2023. The
tenants may be prepared to surrender their lease earlier.
Option 1. To sell the property with vacant possession or subject to the
existing tenancy seeking offers in the region of £1. 2 million
Option 2. To take a full repairing lease at a quoting rent of £75, 000 per
annum
Ground Floor Offices: 1, 328 sq ft (123. 4 sq m)
First Floor Offices: 1, 505 sq ft (139. 8 sq m)
Second Floor Offices: 981 sq ft (91. 1 sq m)
Basement Stores 234 sq ft (21. 7 sq m)
Total net useable area (excluding corridors, stairs and wc's) 4, 048 sq ft (376
sq m)
Please note: Every effort has been made to ensure that the above floor areas
are accurate. They are in accordance with the Code of Measuring Practice.
Fittings restricted measurement at the time of inspection. Interested parties
should verify these for themselves.
**Floor plans**
Available on request
rateable value £44, 750 (from 1st April 2023)
Please Note: We believe that for certain tenants there may be no liability to
pay rates, however this office gives no warranty that the rating values
supplied and the sums of money expressed as b being payable are accurate and
the purchaser/tenant must rely upon their own enquiries with the Local
Authority on or
We understand that mains gas, electricity, water, and sewerage is available. 3
Phase electricity.
**Legal fees**
The purchaser/tenant will be responsible for the vendors/landlord's reasonable
legal costs incurred in this transaction.
**VAT**
We understand that VAT is not payable.
**EPC**
Available on request
**Viewing**
Strictly by appointment with the Agents.

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