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The Minories Henley Street, Stratford Upon Avon, CV37 6NF

11,988 Sq Ft / Retail / Retail - High Street

For Sale - £1,850,000.00

Under Offer - Last updated: 03 November 2021

The properties offered comprise a mixture of period half-timbered buildings through to modern contemporary purpose built retail units. The El Greco restaurant, located at 27 Rother Street, occupies a prominent busy location close to the junction of Rother Street, Wood Street and Meer Street.

The development provides a total floor area of approximately 11,500 sq.ft., principally over two floors. The Minories comprises a complex of nine retail units with accommodation both on ground and first floors, set around a pedestrianised courtyard linking with Henley Street at the northern end and Rother Street/Meer Street to the southern end.

The subject property is being brought to the market on the basis that it will be sold freehold, subject to the existing leases. The site does afford medium to long term development potential which may incorporate a change of use.

27 Rother Street, The Minories and 41-42 Henley Street are situated in the heart of Stratford Upon Avon, the development providing a pedestrian link between Rother Street and Henley Street and is identified on the attached location map. The Edinburgh Woollen Mill, tenant of 41-42 Henley Street, sits directly opposite Shakespeare's Birthplace in a pedestrianised zone off the town centre, a location famous for an impressive array of period buildings providing a mixture of retail, restaurants and world renowned tourist venues.

The portfolio will be sold freehold, subject to the existing leases, some of which are in the legal process and soon to complete.

Leases are drawn on a mixture of internal repairing and full repairing terms with schedules of condition. A number of The Minories leases are contracted out of sections 24-28 inclusive of the Landlord and Tenant Act 1954.

A1 and A5, now classified as E in the Use Classes Order.

Offers are invited in the region of £1,850,000 for the freehold, subject to contract and occupational leases, and exclusive of VAT which is not applicable.

27 Rother Street £
41-42 Henley Street £
1 The Minories £
2 The Minories £
3 The Minories £
3a The Minories £
4 The Minories £
5 The Minories £
6 The Minories £
7 The Minories £
8 The Minories £

A comprehensive service charge is in place to manage the common areas of The Minories.

Each party will meet their own legal costs.

C 54

On site by prior appointment with the sole selling agent.

Retail and Restaurant Investment To Generate £171,890 Per Annum (Exclusive)

Price: Offers in Excess of £1,850,000

Anticipated Yield Once Fully Occupied 8.7%

Great Central Stratford Upon Avon Location

Potential For Medium Term Redevelopment

Close To Important Tourist Venues and Prime Retail

( Agency Pilot Software Ref: 532 )

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £1,850,000.00 NA

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Simon Hain

EHB Reeves

01926 270083

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