£770,000
(£164.53/sq. ft)
Property for sale17, Wood Street, Stratford-Upon-Avon CV37
4,680 sq. ft
Freehold
About this property
Substantial High Street Demise
Gross Internal Area: 434m2 (46802ft2)
Investment Opportunity
Leased To A National Covenant
Passing Rental Value: £47,000 per annum
Future Development Subject to Planning & vp
An investment opportunity on Wood Street with a national covenant. The property is a substantial Town Centre Freehold with parking, offices and large retail areas.
Location
Stratford-upon-Avon is a historic town in Warwickshire, situated on the River Avon. Heavily visited by tourists and residents alike, Stratford-upon-Avon is famously known for William Shakespeare's birthplace, as well as other attractions associated with him, like Anne Hathaway's Cottage (the childhood home of Shakespeare's wife) and the Royal Shakespeare Theatre. The town itself is picturesque, with charming Tudor-style buildings, lovely parks and riverside walks.
Wood Street is a prominent location in the Centre of Stratford-upon-Avon Town which houses national retailers such as cex, Boots, Trespass, Fraser Hart, Vision Express, and Fine-Jeweller George Praqnell.
Description
Both vehicular and pedestrian access can be gained at the rear of the site via Rother Street. The property offers an opportunity for redevelopment subject to planning and vacant possession. The property comprises car parking for approximately three vehicles along with a rear two storey office premises.
The accommodation provides the following areas:
Ground Floor - 283.15m2 (3,048 ft2)
First Floor: 151.75m2 (1,632ft2)
Gross Internal Area: 434.9m2 (4680ft2)
Investment
The property is leased to Done Brothers (Cash Betting) Ltd trading as Betfred on a 5-year full repairing and insuring lease, from 03/2023 until 03/2028 with a passing rent of £47,000 per annum.
Services
We understand mains electric, gas, water and drainage are connected. All interested parties are advised to make their own enquiries to confirm continuity of supply.
Business Rates
Rateable Value: £39,500
Energy Performance Certificate
EPC Rating: Band D 83
Planning
Presently Class E as defined by the Town & Country Planning Act (Use Classes Order).
For all planning enquiries, please contact Wychavon District Council on or call .
Tenure
Freehold Purchase.
Vat
VAT is not charged on the property.
Legal Costs
Each party is to meet their own costs.
Viewing
To arrange a viewing please contact the commercial Team: Or alternatively email .
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.
Location
Stratford-upon-Avon is a historic town in Warwickshire, situated on the River Avon. Heavily visited by tourists and residents alike, Stratford-upon-Avon is famously known for William Shakespeare's birthplace, as well as other attractions associated with him, like Anne Hathaway's Cottage (the childhood home of Shakespeare's wife) and the Royal Shakespeare Theatre. The town itself is picturesque, with charming Tudor-style buildings, lovely parks and riverside walks.
Wood Street is a prominent location in the Centre of Stratford-upon-Avon Town which houses national retailers such as cex, Boots, Trespass, Fraser Hart, Vision Express, and Fine-Jeweller George Praqnell.
Description
Both vehicular and pedestrian access can be gained at the rear of the site via Rother Street. The property offers an opportunity for redevelopment subject to planning and vacant possession. The property comprises car parking for approximately three vehicles along with a rear two storey office premises.
The accommodation provides the following areas:
Ground Floor - 283.15m2 (3,048 ft2)
First Floor: 151.75m2 (1,632ft2)
Gross Internal Area: 434.9m2 (4680ft2)
Investment
The property is leased to Done Brothers (Cash Betting) Ltd trading as Betfred on a 5-year full repairing and insuring lease, from 03/2023 until 03/2028 with a passing rent of £47,000 per annum.
Services
We understand mains electric, gas, water and drainage are connected. All interested parties are advised to make their own enquiries to confirm continuity of supply.
Business Rates
Rateable Value: £39,500
Energy Performance Certificate
EPC Rating: Band D 83
Planning
Presently Class E as defined by the Town & Country Planning Act (Use Classes Order).
For all planning enquiries, please contact Wychavon District Council on or call .
Tenure
Freehold Purchase.
Vat
VAT is not charged on the property.
Legal Costs
Each party is to meet their own costs.
Viewing
To arrange a viewing please contact the commercial Team: Or alternatively email .
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.
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