Retail property (high street) for sale
Property description & features
- Town Centre Freehold
- Prominent for Passing Traffic
- Potential for Residential Conversion (STP)
- Vehicular Access and Parking
- EPC: Band D
- Rateable Value: £16,000
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 [use Contact Agent Button] or [use Contact Agent Button].
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 [use Contact Agent Button] or [use Contact Agent Button]
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:[use Contact Agent Button] or [use Contact Agent Button]
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 information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 32803246. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Sheldon Bosley Knight - Commercial.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 19, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.