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14-18 Greenhill Street
Location : Stratford upon Avon
Date Available: 27/02/2025




Overview
FREEHOLD INVESTMENT OPPORTUNITY. 3 storey mixed use building comprising retail, offices and 2 residential flats. Further 2 storey Grade II listed building and residential flat. Gross combined income £108,176 per annum. Potential to convert the first floor offices to residential use, subject to Planning Permission

Type: Investment


Price: Offers in the region of £1,150,000
Overview
SITUATION:
Greenhill Street is just off the main retail pitches of Henley Street and Wood Street and Bridge Street close to the market square. Stratford Railway Station is nearby.
DESCRIPTION
14 – 17 Greenhill Street
Comprising a three-storey mixed use building of brick construction with a pitched tile roof.The ccommodation provides three retail units on the ground floor, offices on the first floor and 2 flats on the second floor. The retail units on the ground floor comprise an off-license, barbers and Sue Ryder charity shop. Each retail unit benefits from storage and WCs to the rear of the sales area, while the Sue Ryder shop has a large stock room and kitchenette.
Offices:
Comprising first floor offices accessible from an entrance directly off Greenhill Street. There are 9 individual offices arranged off a central corridor and 1 further office situated in the extension to the rear.
Flats:
There are 2 residential flats situated on the 2nd floor, both with an entrance hallway, kitchen, lounge, 2 bedrooms and bathroom. Gas fired central heating.
18 Greenhill Street:
A Grade II listed building with original features including timber beams, comprising a ground floor retail unit and a residential flat arranged over the two upper floors. The retail unit is occupied by Shakespeare Hospice charity shop with the benefit of a glazed double frontage, internal storage, kitchenette and WC.
Flat:
The residential flat is arranged over two floors with accommodation comprising an entrance hall, lounge, kitchen, 2 bedrooms and bathroom, and has the benefit of original features, and accessed from the first floor of No.17.
Outside
Externally, there is a tarmacadam car park/loading area and 5 delineated parking spaces.
SCHEDULE OF TENANCIES & INCOME
Gross Combined Income £108,176.04 per annum
A full schedule of tenancies is available from the Agents
LEASES/LICENSES
We understand that all the leases/agreements are internal repairing only. The tenants contribute to a share
of the buildings insurance and the landlords are responsible for the structure and external repairs. A copy of the leases and agreements are available from the Agents
TENURE
Freehold
GUIDE PRICE
Offers in the region of £1,150,000.
VAT
We understand that VAT is not payable on the sale price.
EPC’S
Available from the Agents
FLOOR PLANS
Floor plans available from the Agents. Plans are also available for the possible conversion of the first floor to four residential flats, subject to planning permission.
SERVICES
We understand that all mains services are available.
LEGAL COSTS
Each party will be responsible for their own legal costs in the transaction.
VIEWING
Strictly by appointment with the Agents