14-17 Greenhill St 4,000 SF 100% Leased Retail Building Stratford Upon Avon CV37 6LF $2,141,477 CAD ($535.37 CAD/SF)

Freehold Investment Opportunity for sale.  3 storey mixed use building comprising retail, offices and 2 residential flats.  Further 2 storey Graded II listed building and residential flat.  Gross combined income £108,176.04 per annum.  Potential to convert the first floor offices to residential use, subject to planning permission.  Guide price: offers in the region of £1,150,000.

SITUATION

Greenhill Street is just off the main retail pitches of Henley Street and Wood Street and Bridge Street close to the market

square. Stratford Railway Station is nearby.

DESCRIPTION

14 – 17 Greenhill Street

Comprising a three-storey mixed use building of brick construction with a pitched tile roof.The accommodation

provides three retail units on the ground floor, offices on the first floor and 2 flats on the second floor. The retail

units on the ground floor comprise an off-license, barbers and Sue Ryder charity shop. Each retail unit benefits from

storage and WCs to the rear of the sales area, while the Sue Ryder shop has a large stock room and kitchenette.

Offices:

Comprising first floor offices accessible from an entrance directly off Greenhill Street. There are 9 individual offices

arranged off a central corridor and 1 further office situated in the extension to the rear.

Flats:

There are 2 residential flats situated on the 2nd floor, both with an entrance hallway, kitchen, lounge, 2 bedrooms and

bathroom. Gas fired central heating.

18 Greenhill Street:

A Grade II listed building with original features including timber beams, comprising a ground floor retail unit and

a residential flat arranged over the two upper floors. The retail unit is occupied by Shakespeare Hospice charity shop

with the benefit of a glazed double frontage, internal storage, kitchenette and WC.

Flat:

The residential flat is arranged over two floors with accommodation comprising an entrance hall, lounge, kitchen,

2 bedrooms and bathroom, and has the benefit of original features, and accessed from the first floor of No.17.

Outside

Externally, there is a tarmacadam car park/loading area and 5 delineated parking spaces.

SCHEDULE OF TENANCIES:

A schedule of the tenancies is available from the agents.

AGENT'S NOTE

We understand that the Shakespeare Hospice have served notice and will be vacating Nos. 4/4A, 5A and 6 at the end of March 2025. This would reduce the gross income from £108,176.04 to £103,856.04 until they have been re-let again, with the potential income increasing to £115,136.04 per annum.

LEASES/LICENSES

We understand that all the leases/agreements are internal repairing only. The tenants contribute to a share of the buildings insurance and the landlords are responsible for the structure and external repairs.  A copy of the leases and agreements are available from the Agents

TENURE

Freehold

GUIDE PRICE

Offers in the region of £1,150,000.

VAT

We understand that VAT is not payable on the sale price.

EPC’S

Available from the Agents

FLOOR PLANS

Floor plans available from the Agents. Plans are also available for the possible conversion of the first floor to four residential flats, subject to planning permission.

SERVICES

We understand that all mains services are available.

LEGAL COSTS

Each party will be responsible for their own legal costs in the transaction.

VIEWING

Strictly by appointment with the Agents