Office for sale in Warwick Road, Stratford Upon Avon CV37

Offers in region of £1,200,000 (£296.44/sq. ft)
Interested in this property? Call +44 1789 229748 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Office for sale 4,048 sq. ft*

Property features

  • Excellent grade II listed office building
  • Net useable area approx 4048 sq ft
  • 10 parking spaces
  • Fitted out to A good standard
  • Current lease expires in June 2023
  • Potential residential development opportunity (subject to the necessary consent

Property description

Description


The property comprises a three-storey Grade II listed building fronting the Warwick Road with a modern brick extension at the rear. The offices are fitted out to a high standard with modern lightinga and gas fired central heating. The offices are currently laid out as a number of individual rooms but it would be possible to create more open plan offices in the modern extension.


Current lease


The current tenants are relocating to larger offices in the town. The current rent is £107,590 per annum and the lease expires on 30th June 2023. The tenants may be prepared to surrender their lease earlier.

Option 1. To sell the property with vacant possession or subject to the existing tenancy seeking offers in the region of £1.2 million

Option 2. To take a full repairing lease at a quoting rent of £75,000 per annum

Ground Floor Offices: 1,328 sq ft (123.4 sq m)
First Floor Offices: 1,505 sq ft (139.8 sq m)
Second Floor Offices: 981 sq ft (91.1 sq m)
Basement Stores 234 sq ft (21.7 sq m)

Total net useable area (excluding corridors, stairs and wc's) 4,048 sq ft (376 sq m)

Please note: Every effort has been made to ensure that the above floor areas are accurate. They are in accordance with the Code of Measuring Practice. Fittings restricted measurement at the time of inspection. Interested parties should verify these for themselves.


Floor plans


Available on request

rateable value £36,500

Please Note: We believe that for certain tenants there may be no liability to pay rates, however this office gives no warranty that the rating values supplied and the sums of money expressed as b being payable are accurate and the purchaser/tenant must rely upon their own enquiries with the Local Authority on or
We understand that mains gas, electricity, water, and sewerage is available. 3 Phase electricity.


Legal fees


The purchaser/tenant will be responsible for the vendors/landlord's reasonable legal costs incurred in this transaction.


VAT


We understand that VAT is not payable.


EPC


Available on request


Viewing


Strictly by appointment with the Agents.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Tim Cox Associates, CV37 on +44 1789 229748 * (local rate)

Contact Tim Cox Associates about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Tim Cox Associates, and do not constitute property particulars. Please contact Tim Cox Associates for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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