Warwick Road, Stratford-Upon-Avon, Warwickshire, CV37

GBP 6250 For Rent

Property Details

Property Type

4,048 sq ft

Description

Property Details: • Type: 4,048 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • EXCELLENT GRADE II LISTED OFFICE BUILDING • NET USEABLE AREA APPROX 4048 SQ FT • 10 PARKING SPACES • FITTED OUT TO A GOOD STANDARD • POTENTIAL RESIDENTIAL DEVELOPMENT OPPORTUNITY (subject to the necessary consents)

Location: • Nearest Station: Stratford-upon-Avon Station • Distance to Station: 0.6 miles

Agent Information: • Address: 37 Guild Street, Stratford-Upon-Avon, CV37 6QY

Full Description: DESCRIPTION The property comprises a three-storey Grade II listed building fronting the Warwick Road with a modern brick extension at the rear. The offices are fitted out to a high standard with modern lighting and gas fired central heating. The offices are currently laid out as a number of individual rooms but it would be possible to create more open plan offices in the modern extension.

CURRENT LEASE The current tenants are relocating to larger offices in the town. The current rent is £107,590 per annum and the lease expires on 30th June 2023. The tenants may be prepared to surrender their lease earlier.

Option 1. For sale freehold with vacant possession at offers in the region of £1 million

Option 2. To take a full repairing lease at a quoting rent of £75,000 per annum

Ground Floor Offices: 1,328 sq ft (123.4 sq m) First Floor Offices: 1,505 sq ft (139.8 sq m) Second Floor Offices: 981 sq ft (91.1 sq m) Basement Stores 234 sq ft (21.7 sq m)

Total net useable area (excluding corridors, stairs and wc's) 4,048 SQ FT (376 sq m)

Please note: Every effort has been made to ensure that the above floor areas are accurate. They are in accordance with the Code of Measuring Practice. Fittings restricted measurement at the time of inspection. Interested parties should verify these for themselves.

FLOOR PLANS Available on request

RATEABLE VALUE £44,750 (from 1st April 2023)

Please Note: We believe that for certain tenants there may be no liability to pay rates, however this office gives no warranty that the rating values supplied and the sums of money expressed as b being payable are accurate and the purchaser/tenant must rely upon their own enquiries with the Local Authority.

We understand that mains gas, electricity, water, and sewerage is available. 3 Phase electricity

LEGAL FEES The purchaser/tenant will be responsible for the vendors/landlord's reasonable legal costs incurred in this transaction. VAT We understand that VAT is not payable.

EPC Available on request

VIEWING Strictly by appointment with the Agents.

Location

Address

Warwick Road, Stratford-Upon-Avon, Warwickshire, CV37

City

Stratford-upon-Avon

Features and Finishes

EXCELLENT GRADE II LISTED OFFICE BUILDING, NET USEABLE AREA APPROX 4048 SQ FT, 10 PARKING SPACES, FITTED OUT TO A GOOD STANDARD, POTENTIAL RESIDENTIAL DEVELOPMENT OPPORTUNITY (subject to the necessary consents)

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Real Estate Broker
TIM COX ASSOCIATES, Warwickshire
Brokerage
TIM COX ASSOCIATES, Warwickshire
Top Tags
10 PARKING SPACES CURRENT LEASE
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