Retail premises for sale in Greenhill Street, Stratford-Upon-Avon CV37, £295,000

295,000.00

Offer Nr.:
66337934
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Sheldon Bosley Knight
Phone(s):
01386 324884

* Freehold
* Town Centre Freehold
* Prominent for Passing Traffic
* Potential for Residential Conversion (STP)
* Vehicular Access and Parking
* EPC: Band D
* Rateable Value: £16, 000
An opportunity has arisen to acquire a Town Centre investment property in
Stratford - Upon - Avon. The property comprises a three - storey commercial demise
which is currently tenanted under an existing lease extending 154. 37m2
(1662ft2).
**Location**
Stratford is an affluent Warwickshire town and international tourist
destination. The resident population of approximately 55, 000 together with
over 2. 5 million visitors annually makes Stratford a vibrant town centre
location. The site is situated in the centre of the town, close to the
commercial hub. It is also in close proximity with the market square, Windsor
Street multistorey car park and the Shakespeare Birthplace tourist visitor
attractions along Henley Street.
Road Connections: M40 J15, Warwick (5 miles), M40 J12 Gaydon (16 miles), A46
(2miles) Rail Connections: Stratford - upon - Avon (1/4 mile)
**Description**
A lease of the premises on Full Repairing and Insuring terms with a passing
rent of £15, 000pa on a 10 - year lease which commenced 1st February 2008. The
tenant is holding over on a lease which is within the security of tenure
provisions of the 1954 Landlord & Tenant Act. The property will be sold with
Vacant Possession from June 2024 and has the potential for the first and
second floors to be converted into residential (STP). The property benefits
from rear access and parking for up to 4 cars.
The property comprises the following Net Internal Area:
Ground Floor: 108. 86m2 (1172ft2)
First Floor: 35m2 (377ft2)
Second Floor: 10. 51m2 (113ft2)
Total: 154. 37m2 (1662ft2)
**Services**
Mains electricity, water and drainage are connected to the property.
**Business Rates**
Rateable Value: £16, 000
Qualifying businesses with a rateable value of £12, 000 or below currently get
100% relief. This relief will decrease on a sliding scale for rateable values
between £12, 000 to £15, 000. In addition, such businesses will have their bill
calculated using the small business rates non - domestic rates multiplier. For
all Enquiries, please contact or call .
**Epc**
Band D
**Town Planning**
The accommodation is suitable for Class E (Commercial, Businesses and
Services) purposes.
For all other planning enquiries, please contact Stratford - on - Avon District
Council on or call
**Tenure**
The property is freehold.
**Legal Costs And Vat**
Each party will be responsible for their own legal costs associated with the
preparation of the lease.
The property is not elected for VAT.
**Viewing**
To discuss the property or to arrange a viewing please contact the commercial
Team: 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.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)