No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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15 Warwick Road
Rear
Parking
Offers in region of£1,000,000
Added > 14 days

Office for sale

Warwick Road, Stratford-upon-Avon CV37
Save
Office
0 bed
0 bath
4,048 sq ft / 376 sq m

Property description & features

  • Tenure: Freehold
  • Excellent Grade II listed office building
  • Net useable area 4,048 sq ft approx
  • 10 Parking spaces
  • Fitted out to a good standard
  • Potential residential development opportunity (subject to the necessary consents)

SITUATION

The property is located on the main Warwick Road in the centre of Stratford upon Avon.

DESCRIPTION

The property comprises a three-storey period building fronting the Warwick Road with a modern brick extension at the rear. The offices are fitted out to a high standard with modern lighting, gas fired central heating and certain rooms with air conditioning. 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 million

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

£44,750 (from 1st April 2023)

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[use Contact Agent Button] or .

SERVICES

We understand that mains gas, electricity, water, and sewerage is available. 3 Phase electricity.

LEGAL COSTS

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

VAT will be payable in addition, where applicable.

EPC

Available on request

VIEWING

Strictly by appointment with the Agents.



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    Tim Cox Associates offer over 30 years of experience and unrivalled market knowledge and expertise in all aspects of commercial property sales, lettings, acquisitions and development throughout Warwickshire and the surrounding area.  We offer a highly-targeted, professional marketing service for all types of commercial property either for sale or to let. We utilise multiple media channels including the internet, national/local newspapers and trade press. All properties are also available for all interested parties to view at our local office in Stratford-upon-Avon, Warwickshire.

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

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