Located on the highly sought-after Tiddington Road in Stratford-upon-Avon, this property offers a rare mixed-use opportunity, comprising a well-presented commercial space on the ground floor with a self-contained residential demise above. Positioned in a prime and desirable setting close to the town centre, the property combines strong investment potential with flexible use, making it ideal for owner-occupiers or investors alike.
Residential
A well-presented two-bedroom apartment located on Main Street in the popular village of Tiddington, just a short distance from Stratford-upon-Avon town centre. The property offers bright and comfortable living accommodation extending approx. 1715 ft² including a spacious lounge, fitted kitchen, two bedrooms, and a bathroom. Positioned within a sought-after residential setting, the apartment is ideal for first-time buyers, downsizers, or investors seeking a low-maintenance property with strong rental appeal.
Commercial
The Commercial demise is a ground floor lock-up shop extending approx. 784 ft² Net Internal Area. The accommodation provides an open plan sales area with additional storage space, kitchen and WC.
Location
Main Street, Tiddington Road is widely regarded as one of Stratford’s premier residential locations, characterised by elegant period homes, substantial modern residences, and leafy surroundings close to the River Avon. Its peaceful setting belies its proximity to the town centre, placing theatres, fine dining, boutique shopping, and historic attractions within easy reach. Families are particularly drawn to the area for its excellent schools, riverside walks, and welcoming community atmosphere. Just a short stroll away, Main Street in Tiddington village provides everyday amenities including local shops, traditional pubs, and cafés, ensuring convenience alongside charm.
Accommodation
Size - 2,836 sq ft (263 sq m)
Terms
INVESTMENT - An Internal Repairing and insuring lease is granted to Minerva of Hereford Limited for a term of 5 years dated 19 Feb 2024 until and including 18 Feb 2029 with a rental income of £20,000 per annum. The lease benefits a tenant break-clause at the third anniversary & is granted without the benefit of security of tenure provisions. The residential demise will be sold with vacant possession upon completion.
SERVICES - It's understood that mains electric, gas, water and waste drainage are all connected. All interested parties are advised to make their own enquiries with the suppliers to ensure continuity of supply.
TENURE - The freehold interest is to be sold by public treaty, subject to the current tenancy.
PRICE - Offers in the region of £825,000.
ENERGY PERFORMANCE CERTIFICATE:
Residential - 70 C
Commercial - 37 B
BUSINESS RATES - Current rateable value (20 February 2024 to present) : £14,500
COUNCIL TAX - Council Tax is levied against the Local Authority and is understood to lie in Band C
VAT - It is understood that the property is not elected for VAT and therefore will not be applied to the final figure.
PLANNING APPLICATION - Planning Permission was granted on 06.09.2023 under application number 23/01697/FUL for conversion of ground floor studio, store and part of the existing flat to a one bedroom flat andchange of use of part of the shop to provide access to the existing first floor flat. Visit www.stratford.gov.uk for more information.
LEGAL COSTS - Each party to cover own legal costs in association with the transaction.
Specification
- Versatile accommodation suitable for professionals, couples, or small families.
- Mixed-use generating part rental income of £20,000 per annum
- Investment opportunity with vacant possession for the flat upon completion
- No onward chain
- Opportunity to reconfigure the apartment into two separate units while retaining the existing commercial element
- Part exchange considered