Warning - This property listing has now expired.

Any changes made to the content of this listing WILL NOT BE SAVED. However, you can still change the property status (i.e. available/sold/let etc).

To renew this property or for further assistance please call 01767 313380 or email renewals@novaloca.com.

Property unavailable

This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings.

Please note we do not have names or contact details of anyone currently occupying this building we are also unable to provide details of the agents that posted the original advert with us.

If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com

If you would like to know if this, or any similar property comes back or on to the market please click here to get updates by email.

Retail Investment With Flats Above, 42 Sheep Street , Shipston on Stour, CV36 4AE

2,326 Sq Ft / Retail / Investment

Withdrawn - Last updated: 17 March 2021

A mixed use freehold comprising a ground floor shop and two flats above. Set over three storeys, this Grade 2 listed period property offers superb investment potential.

The ground floor has an A1 planning use shop and operates as an optician. It islet on a business tenancy. Further details upon application.

42a Sheep St is a three bedroom flat split across ground, first and second floors. It is let on an assured shorthold tenancy.

42b is a one bedroom flat across ground and first floors to the rear of the property and is currently vacant.

All demises have their own access. To the rear of the property is an out house suitable for conversion plus a garden and garage with vehicular access from the rear.

Location

Located in the popular market town of Shipston on Stour which is approximately ten miles from Stratford-uponAvon and on the edge of the Cotswolds. The town has a number of facilities including shopping, sporting, and community. It also has both primary and secondary educational provision.

The property is situated in the town centre close to a number of high-quality independent boutique shops and national covenant retailers.

Accommodation

Retail - 50.45 sq m  (543 sq ft) 

Residential:

Flat 42a - 84.61 sq m  (809 sq ft) 

Flat 42b - 36.55 sq m  (393.42 sq ft)

Garage & Outbuildings - 53.87 sq m  (580 sq ft)

Total Gross Internal Area - 225.48 sq m  (2,326 sq ft) 

Terms

Tenancy Summary: 

Retail Shop: Originally let on a 6 year lease to the current lessee on 14th May 2008 at a passing rent of £XXXpa

Flat 42a let on an Assured Shorthold Tenancy producing a rental income of £XXXpcm (£XXXpa)

Flat 42b currently vacant Full ERV £XXXpa Asking Price £XXX

Full ERV - £XXX pa

Asking Price - £XXX

Business Rates & Council Tax:

Retail – Rateable Value £XXX

Residential 42a - Band B.

Residential 42b - Band A

Each party to pay their own costs associated with the transaction.

Services - Mains water, gas & electricity are connected to the property

Specification

  • Mixed Use Investment
  • Freehold
  • Central Location
  • Full ERV £XXX
  • GIA 225.48 m2 (2,326 Sq. Ft)


Email me updates about similar new properties


Show similar properties

Contact agents

Thank you for your enquiry

The agent for this property will get back to you as soon as possible.

Would you like to view similar properties now?

Many thanks, your enquiry has been sent to the agent

In response to the boxes you ticked, we'd like to send you emails about new & updated properties based on the following (please amend as required):


Please note, NovaLoca will only contact you about commercial property & you can unsubscribe at any time. Your information will not be given to third parties without your permission. For more information please refer to our privacy policy.