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FOR SALE

£770,000

17 Wood Street, Stratford-Upon-Avon, Warwickshire, CV37 6JF

Commercial Property

Property features

Substantial High Street Demise

Investment Opportunity

Passing Rental Value: £47,000 per annum

Gross Internal Area: 434m (46802ft)

Leased To A National Covenant

Future Development Subject to Planning & VP

About this property

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.

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.

Rates Comments

Rateable Value: £39,500

Energy Performance Certificate

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 planning@wychavon.gov.uk or call 01386 565 565.

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: 01789 387882 or alternatively email commercial@sheldonbosleyknight.co.uk.

Key details

Broadband: up to 80mbps

4680ft2 floor area

Freehold

Additional information

Near the property

Schools
Transport

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