SITUATION Stratford upon Avon is set in the heart of Warwickshire and is one of the largest tourist centres outside London. Stratford upon Avon has the benefit of direct access to the motorway network by way of Junction 15 of the M40 motorway, which provides access to Birmingham to the North, London to the South and further connections to the National motorway network. The property is situated in the centre of Stratford upon Avon on Guild Street.
The property comprises a three storey Victorian property currently laid out as offices on the ground floor and two flats above. The flats are approached from an internal staircase and there is also an external staircase to the first floor from the rear.
Ground floor reception and individual offices 983 sq.ft (91.3 sq.m)
Cellar 149 sq.ft (13.8 sq.m)
First/Second Floor- 1 x Two bed Flat and 1 x One bed Flat
Outside Store 246 sq.ft (22.9 sq.m)
Large car park area approached through a narrow archway off Guild Street.
HEAD LEASE Our clients hold a head lease for Stratford Municipal Charities which expires on 29th September 2032 at a peppercorn rent.
REAR CAR PARK We understand that the car park is owned by the freehold lessee.
SUB LEASE The property is sub let to Severn Vets on a lease that expires in October 2021 and the sub tenants are not renewing their lease. The passing rent is £27,500 per annum.
FLOOR PLAN/PHOTOGRAPHS Available on request.
OPTION 1 For a tenant to take a sub lease for a term of years to be agreed but no longer than October 2032. Rent £27,500 per annum.
OPTION 2 To acquire the balance of the leasehold interest expiring in October 2032. We are seeking offers in the region of £250,000 for the benefit of this long leasehold interest with vacant possession.
VIEWING Strictly by appointment with the agents.