* Freehold investment for sale
* Grade II listed premises
* Ground floor deli/cafe
* First floor hairdressers
* Two parking spaces allocated to the ground floor tenant on A licensed
**Situation**
The premises is situated in Meer Street, in the centre of Stratford upon Avon
adjoining The Minories Shopping Arcade.
**Description**
The property is a Grade II listed two storey building with a pitched roof and
modern extensions to the rear. There is rear servicing and parking for two
cars.
**Ground floor**
Café area (for approx 40 covers) 1, 006 sq ft (93. 4 sq m)
Fully fitted kitchen 135 sq ft (12. 5 sq m)
Office/stores 73 sq ft (6. 8 sq m)
Separate wc
**First floor**
Main area: 690 sq ft (64. 1 sp m)
Ancillary: 283 sq ft (26. 3 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. The ground floor is let to The Kenilworth
Snug Limited
for 7 years from 17th January 2022 at a rent of £30, 000 per annum, subject to
a rent review on 17th January 2026. There is a rent deposit of £7, 500. The
tenant contributes 50% to the service charge and this is capped at £2, 500,
with annual rpi increases. There is a schedule of condition attached to the
lease.
**First floor**
The first floor is let to Jane Clayton as a hairdressing salon for 5 years
from October 2018 at a rent of £12, 000 per annum. The tenant contributes 50%
to the service charge. The lease is contracted outside the security provisions
of the Landlord and Tenant Act 1954 Part II. Discussions are taking place for
the tenant to renew for a further five years.
**Sale price**
Offers in the region of £595, 000 for the freehold, subject to both leases
**Floor plans**
Available on request
**Parking**
There are 2 spaces allocated to the ground floor tenant on a license.
**Rateable value**
Current: Ground Floor £26, 500 and First Floor £15, 000
From 1st April 2023: Ground Floor £23, 750 and First Floor £13, 500
Please Note : We believe that for certain tenants that 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 being payable are accurate
and the purchaser/tenant must rely upon their own enquiries with the Local
Authority on or
.
**Legal costs**
Each party will be responsible for their own legal costs incurred in the
transaction.
**VAT**
We understand that VAT is not payable on the sale price.
EPCs available on request
**Viewing**
By prior appointment with the sole Agents.

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