14-17 Greenhill St - Storefront Retail/Residential FOR SALE


Stratford Upon Avon, WAR CV37 6LF
$1,150,000 USD
178-926-9444
14-17 Greenhill St, Stratford Upon Avon, WAR for Sale
$1,150,000 USD
Storefront Retail/Residential - FOR SALE
1/6
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14-17 Greenhill St
Stratford Upon Avon, WAR CV37 6LF


HIGHLIGHTS

  • Greenhill Street is just off the main retail pitches of Henley Street and Wood Street and Bridge Street close to the market
  • Stratford Railway Station is nearby
  • Prominent location

OVERVIEW

<p>Freehold Investment Opportunity for sale.  3 storey mixed use building comprising retail, offices and 2 residential flats.  Further 2 storey Graded II listed building and residential flat.  Gross combined income £108,176.04 per annum.  Potential to convert the first floor offices to residential use, subject to planning permission.  Guide price: offers in the region of £1,150,000.</p><p>SITUATION </p><p>Greenhill Street is just off the main retail pitches of Henley Street and Wood Street and Bridge Street close to the market </p><p>square. Stratford Railway Station is nearby. </p><p> </p><p><br /></p><p>DESCRIPTION </p><p>14 – 17 Greenhill Street </p><p>Comprising a three-storey mixed use building of brick construction with a pitched tile roof.The accommodation </p><p>provides three retail units on the ground floor, offices on the first floor and 2 flats on the second floor. The retail </p><p>units on the ground floor comprise an off-license, barbers and Sue Ryder charity shop. Each retail unit benefits from </p><p>storage and WCs to the rear of the sales area, while the Sue Ryder shop has a large stock room and kitchenette. </p><p>Offices:</p><p>Comprising first floor offices accessible from an entrance directly off Greenhill Street. There are 9 individual offices </p><p>arranged off a central corridor and 1 further office situated in the extension to the rear. </p><p>Flats: </p><p>There are 2 residential flats situated on the 2nd floor, both with an entrance hallway, kitchen, lounge, 2 bedrooms and </p><p>bathroom. Gas fired central heating. </p><p>18 Greenhill Street: </p><p>A Grade II listed building with original features including timber beams, comprising a ground floor retail unit and </p><p>a residential flat arranged over the two upper floors. The retail unit is occupied by Shakespeare Hospice charity shop </p><p>with the benefit of a glazed double frontage, internal storage, kitchenette and WC. </p><p>Flat: </p><p>The residential flat is arranged over two floors with accommodation comprising an entrance hall, lounge, kitchen, </p><p>2 bedrooms and bathroom, and has the benefit of original features, and accessed from the first floor of No.17. </p><p>Outside </p><p>Externally, there is a tarmacadam car park/loading area and 5 delineated parking spaces. </p><p>SCHEDULE OF TENANCIES: </p><p>A schedule of the tenancies is available from the agents.</p><p>AGENT'S NOTE</p><p>We understand that the Shakespeare Hospice have served notice and will be vacating Nos. 4/4A, 5A and 6 at the end of March 2025. This would reduce the gross income from £108,176.04 to £103,856.04 until they have been re-let again, with the potential income increasing to £115,136.04 per annum.</p><p>LEASES/LICENSES</p><p>We understand that all the leases/agreements are internal repairing only. The tenants contribute to a share of the buildings insurance and the landlords are responsible for the structure and external repairs.  A copy of the leases and agreements are available from the Agents</p><p>TENURE </p><p>Freehold </p><p>GUIDE PRICE </p><p>Offers in the region of £1,150,000. </p><p>VAT </p><p>We understand that VAT is not payable on the sale price. </p><p>EPC’S </p><p>Available from the Agents</p><p>FLOOR PLANS</p><p>Floor plans available from the Agents. Plans are also available for the possible conversion of the first floor to four residential flats, subject to planning permission.</p><p>SERVICES </p><p>We understand that all mains services are available. </p><p>LEGAL COSTS </p><p>Each party will be responsible for their own legal costs in the transaction.</p><p>VIEWING</p><p>Strictly by appointment with the Agents </p><p><br /></p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p>

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$288 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,792 SF

ZONING

-

APN/PARCEL ID

WK345319

ASK ABOUT THIS PROPERTY

Tim CoxTim Cox AssociatesMore Info
178-926-9444

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Tim CoxTim Cox AssociatesMore Info
178-926-9444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.