SITUATION The unit occupies a prominent location on Henley Street which is a popular and busy location surrounded by many renowned businesses and close to Shakespeare’s Birthplace.
DESCRIPTION The premises comprise a three storey brick building with a pitched roof currently fitted out as a coffee shop with ground and first floor sales and stores on the second floor. There is a separate entrance from Henley Street to the first and second floor. There is no rear access.
Frontage 20’6 (6.25m)
Initial width 19’6 (5.95m)
Width at rear 15’3 (4.65m)
Overall area 1,203 sq.ft (111.8 sq.m)
This includes a rear kitchen/store, disabled WC and two further WC’s.
First floor sales 760 sq.ft (70.6 sq.m)
(including void area)
Second floor stores 504 sq.ft (46.8 sq.m)
AGENTS NOTE As there is a separate entrance from Henley Street to the upper floors it may be possible to obtain planning permission to convert to residential use.
OPTION ONE To acquire the freehold interest with vacant possession of the whole and we are seeking offers in the region of £850,000.
OPTION TWO To take a full repairing and insuring lease on the whole property at a rent of £60,000 per annum.
RATEABLE VALUE £45,250.
FLOOR PLANS Available on request.
LEGAL COSTS The purchaser/tenant will be responsible for both side's cost in this matter.
VAT Will be payable where applicable.
VIEWING Strictly by appointment with the Agents.