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17/18 High Street
Location : Stratford upon Avon
Date Available: 12/09/2023
Overview
Freehold for sale in a prime location in the centre of Stratford upon Avon. A Grade II listed premises surrounded by many multiple retailers offering vacant possession on the ground floor, with all the upper floors and rear garden let on a lease for 999 years from April 2016 at a peppercorn rent, now converted into residential use on a full reparing lease.
Type: Freehold
Price: Guide Price £900,000
Overview
SITUATION
The premises occupies an excellent location on the High Street which is a popular and busy location surrounded by many multiple retailers. The property is Grade II Listed
ACCOMMODATION
Ground floor shop comprising:
Frontage 10.82 m (35’6”)
Average Internal Width 10.37m (34’0”)
Shop depth 25m (82’0”)
Build Depth 30.3m (99’6”)
Ground floor sales approx 285.6 sq m (3075 sq ft)
Ground floor offices approx 21.4 sq m (230 sq ft)
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.
TENURE
Freehold, subject to a long lease on the upper floors with vacant possession on the ground floor.
UPPER FLOORS
All of the upper floors and the rear garden were let on a lease for 999 years from 7th April 2016 at a peppercorn rent. They were converted to residential use. The lease is effectively a full repairing lease with the freeholders only being responsible for the ground floor. Further details on application.
PRICE
Offers in the region of £900,000 are invited for the freehold interest with vacant possession on the
ground floor and subject to a long lease on the upper floors.
RATEABLE VALUE
£81,000 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 being payable are accurate and the purchaser/tenant must rely upon their own enquiries with the local authority on 01789 267575 or https://www.gov.uk/correct-your-business-rates
LEGAL COSTS
Each party will be responsible for their own legal costs in the transaction.
VAT
The sale is subject to VAT.
VIEWING
Strictly by appointment with Tim Cox Associates. 01789 269444