Retail property (high street) for sale

·         Shipston on Stour is a popular former market town with an attractive Georgian centre situated in south Warwickshire.

·         The town is a busy local centre with good shopping, schooling and recreational facilities serving its own population and a number of surrounding villages.

·         There are grammar schools locally at Alcester and Stratford upon Avon. 

·         The larger centres of Stratford upon Avon, Banbury and Oxford are accessible. The area is serviced by a network of main roads including the A3400 (Oxford to Birmingham) road passing through the town.  

·         Junctions 11 and 15 of the M40 motorway are accessible at Banbury and Warwick respectively. There are mainline stations at Moreton in Marsh and Banbury with train services south to Oxford and London respectively.

·         1 West Street is well located in the centre of Shipston on Stour close to the High Street on the corner of West Street (A3400) and Church Street (A3400) at the entrance of the one-way gyratory system.

·         The retail sales area fronts onto West Street looking up Church Street in a prominent position.

·         The Principal Retail Area extends to about 802 sq ft/74.5 sq m and has an overall depth of about 44’7”/13.59m off which is situated a show room and further retail area incorporating a changing/trying on area.

·         To the back of the premises are separate Office and Storeroom off which is a Kitchen Area and Cloakroom.

·         Storeroom extends to about 108 sq ft/10 sq m.

·         Kitchen Area with fitted kitchen unit incorporating stainless steel sink unit leads to the Cloakroom.

·         On the First Floor is a further Office/Workshop and Store area extending to about 357 sq ft/33.2 sq m

GENERAL INFORMATION

Tenure  The property is offered freehold with vacant possession.

Investment Opportunity  The property offers scope to be a commercial investment property as the current tenants have indicated they would like to continue with a new lease in the premises.

Rimell Saddlers has traded from the premises for over forty years

Business Rates These are payable to Stratford on Avon District Council. The business rateable value for the property is £10,250 with business rates payable of £4,663.16 for the year 2023/2024. Dependent on the status of the occupier, small business rate relief may be available.

VAT  The landlord has not waived his exemption to VAT. Therefore, VAT is not chargeable on the rent.

Uses & Restrictions  It is understood the ground floor retail premises at 1 West Street, Shipston on Stour has A1 use class (retail)

Services Mains electricity, water (cold only) and drainage are connected to the property.

Energy Performance Certificate

Current               Potential             (to be advised)

Directions                                                                       Postcode CV36 4AL

Leave the High Street at the southern end by John Lynes Home Improvements turning left and 1 West Street (Rimells) is situated on the right after about 50 yards on the corner of West Street and Church Street.

IMPORTANT NOTICE

These particulars have been prepared in good faith and are for guidance only. They are intended to give a fair description of the property, but do not constitute part of an offer or form any part of a contract. The photographs show only certain parts and aspects as at the time they were taken. We have not carried out a survey on the property, nor have we tested the services, appliances or any specific fittings. Any areas, measurements or distances we have referred to are given as a guide only and are not precise.

                                                                                     MFF/S3081/F002/17.11.2023