Back to commercial listings
35/36 Sheep Street
Location : Stratford upon Avon
Date Available: Now
Overview
Ground floor shop with separate flat for sale.
Type: Freehold commercial/residential refurbishment opportunity for sale
Price: Offers in the region of £1,150,000
Overview
SITUATION The property is situated in Sheep Street in Stratford upon Avon town centre. Sheep Street is a very popular trading location close to Bancroft Gardens and the RSC.
EXISTING ACCOMMODATION
35 Sheep Street:
Ground floor retail sales 547 sq.ft (50.8 sq.m)
Rear stores/kitchen 199 sq.ft (18.5 sq.m)
Small yard/outbuilding with separate WC
Rear workshop (rear no 36) 472 sq.ft (43.8 sq.m)
First floor stores 657 sq.ft (61 sq.m)
36 Sheep Street:
Ground floor retail 522 sq.ft (48.5 sq.m)
Rear sales/stores 284 sq.ft (26.4 sq.m)
First floor 2 bed flat
There is a garden to the rear with further outbuildings.
PLANNING PERMISSION
Planning permission and Listed Building consent has been obtained with minor amendments for 3 new flats and there is a new application currently under consideration.
Apartment 1 (1 bed ground floor at rear of 36 with small garden) 549 sq.ft (51 sq.m)
Apartment 2 (2 bed first floor above no 35) 818 sq.ft (76 sq.m)
Apartment 3 (2 bed first floor above rear of 36) 904 sq.ft (84 sq.m)
There is an existing 2 bed apartment above no 36 796 sq.ft (74 sq.m)
Further information can be obtained on Stratford District Council’s Planning website. www.stratford.gov.uk/planning-building/e-planning
Application no: 19/02414/FUL
You will note that in the planning permission the stairs from within no 35 have been removed and the retail area extended to the rear yard creating a larger retail unit than existing. The ground floor of no 36 is altered at the rear but the sales area remains largely unaffected.
PLANS Full plans can be obtained from the Agents.
VACANT POSSESSION The sale is offered with vacant possession of the whole. There is currently a tenant in the flat above no 36 holding over on an Assured Shorthold Tenancy. The tenant is aware of the sale and is looking to move out but could stay in the short term if required by the purchasers.
VAT We understand that VAT is payable on the sale price.
RATEABLE VALUE No 35 £26,500
No 36 £25,250
Flat 36A £1,75595 (Council Tax Band C)
SALE PRICE Offers in the region of £1,000,000.
VIEWING Strictly by appointment with the Agents.