29 High Street Stratford-upon-Avon Warwickshire CV37 6AU

29 High Street
Stratford-upon-Avon
Warwickshire
CV37 6AU

Highly Sought After Retail and Residential Investment

Ground and part first floor let to Robert Dyas Holdings Limited
Planning permission granted for conversion of self-contained 5 bedroom maisonette to 4 x one bedroom flats
Historic and affluent tourist market town
Nearby occupiers include H&M, Superdrug, Waterstones, Jack Wills, Laura Ashley, The White Company and Marks & Spencer
For the Seller's Legal Pack, please click the Property Documents tab below
For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
6
Auction
11th February 2016
Rent
£100,000 per Annum Exclusive
Status
Sold
Price
£1,275,000
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of Receivers CBRE

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Highly Sought After Retail and Residential Investment

Ground and part first floor let to Robert Dyas Holdings Limited
Planning permission granted for conversion of self-contained 5 bedroom maisonette to 4 x one bedroom flats
Historic and affluent tourist market town
Nearby occupiers include H&M, Superdrug, Waterstones, Jack Wills, Laura Ashley, The White Company and Marks & Spencer
For the Seller's Legal Pack, please click the Property Documents tab below
For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 6
Auction 11th February 2016
Rent £100,000 per Annum Exclusive
Status Sold
Price £1,275,000
Sector
High Street Retail
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of Receivers CBRE

Property Information

Location

Miles: 9 miles south-west of Warwick, 12 miles south-west of Royal Leamington Spa, 24 miles south of Birmingham
Roads: A46, A429, M40 (Junction 15)
Rail: Stratford-upon-Avon Railway Station
Air: Birmingham International Airport

Situation

Stratford-upon-Avon is a historic and affluent market town, popular with tourists due to its status as the birthplace of English playwright and poet William Shakespeare, as well as the home of the Royal Shakespeare Company at the Royal Shakespeare Theatre. The property is prominently situated in the heart of the town centre, on the west side of the High Street adjacent to the Town Square Shopping Centre, anchored by Debenhams and close to Bridge Street, Wood Street, Henley Street and Sheep Street. Other nearby occupiers include H&M, Superdrug, Waterstones, Jack Wills, Laura Ashley, The White Company and Marks & Spencer.

Tenure

Freehold. There is a small loading area to the rear that is held leasehold for a term of 99 years from 10th April 1972 at a peppercorn rent.

Location

Miles: 9 miles south-west of Warwick, 12 miles south-west of Royal Leamington Spa, 24 miles south of Birmingham
Roads: A46, A429, M40 (Junction 15)
Rail: Stratford-upon-Avon Railway Station
Air: Birmingham International Airport

Situation

Tenure

Freehold. There is a small loading area to the rear that is held leasehold for a term of 99 years from 10th April 1972 at a peppercorn rent.

Description

The property, a three storey Grade II Listed building, comprises ground floor retail accommodation with office and ancillary accommodation on part first floor. The remainder of the first floor and second floor comprise a self-contained five bedroom maisonette accessed from the High Street.

Planning
Planning permission was granted on 23rd April 2014 for conversion of the part first and second floors from a five bedroom maisonette to 4 x one bedroom flats.
For further information:
Ref: 14/00558/LBC
Stratford-on-Avon District Council
Elizabeth House, Church St, Stratford-upon-Avon, Warwickshire CV37 6HX

Note
This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
Ground Part First	Retail Office/Ancillary	300.70 sq m 87.20 sq m	(3,236 sq ft) (938 sq ft)	ROBERT DYAS HOLDINGS LIMITED (1)	15 years from 26/10/2004	£100,000	25/10/2019
Part First & Second	5 Bedroom Maisonette	Not Measured		VACANT
Total Commercial Area		387.90 sq m	(4,174 sq ft)			£100,000

(1) For the year ending 29/03/2014, Robert Dyas Holdings Limited reported a turnover of £124,209,000, pre-tax profits of £5,087,000 and a total net worth of £14,271,000. (Source: Experian Group 13/01/2016)