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The Manor House, 1 Market Hill, Southam, CV47 0HE
1,581 Sq Ft / Retail / Retail - High Street
Withdrawn - Last updated: 16 October 2023
Description
Superb Historic Grade II Listed building combining retail and residential uses.
Location
Market Hill lies at the centre of the market town of Southam. This is a busy retailing location boasting a mixture of retail, restaurant and local services. The area has undergone considerable redevelopment in recent years including the construction of a new library very close by. The Manor House sits at the corner of Market Hill and Daventry Street and is the showpiece building of the town.
Southam is located in the centre of Warwickshire with Coventry being just a 25 minute drive on the A423. The Fosse Way is just 4 miles away from Southam and Junction 13 of the M40 can be reached in 15 minutes.
Services
All mains services are connected.
Tenure
The building will be sold freehold with vacant possession, or shop to let separately, subject to a new lease.
Planning
Ground floor shop: Class E (formerly A1 (Retail)
First and Second floors: C3 (Dwelling)
Rent
Price/Rent
Offers in the region of £395,000 (exclusive) for the freehold interest.
Shop to let independently at £16,000 per annum exclusive.
VAT
We are advised that VAT is not applicable on the property.
Rates
The rateable value for the current year for the ground floor shop is £15,250: from 1st April 2023 the rateable value will be £17,500.
The Council Tax band for the flat is A.
Service Charge
N/A
Legal Costs
Each party will be responsible for their own legal costs associated with this transaction.
EPC
As a Listed building, there are no EPCs.
Town Centre Shop of 1,257 sq ft
Two Bedroom Duplex Residential Apartment on First and Second Floors
Impressive Grade II Listed Building
One On Site Car Parking Space
Development Potential to Upper Floors
Roof Garden
Shop To Let Separately
( Agency Pilot Software ref: 362 )
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