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£600,000Property for sale
High Street, Henley-In-Arden B95
Property
Features and description
- Commercial Investment Property
- Prominent High Street Location
- Longstanding Lease on FR&I Terms
- Annual Rent Currently £35,000
- Self-Contained First Floor Flat
- Long Rear Garden
Since the 1960s, these commercial premises (known by many as Naya Restaurant) has been solely used for restaurant purposes. The current tenant was first granted the lease in May 2009 and this was renewed in June 2019 for a further term of 10 years. The current rent passing is £35,000 per annum and the lease is on full insuring and repairing terms, with a rent review scheduled every third year.
The ground floor restaurant area has a floor area of around 816 sq. ft. and the kitchen/ancillary rooms totals 460 sq. ft. To the first floor, there is a self-contained flat and as described below, it has its own part glazed access door directly from the High Street. As the photographs and plan within these details indicate, there is a substantial rear garden that runs all the way up to the houses fronting School Road.
The former market town of Henley-in-Arden is is well placed for easy access to major road and rail networks, with the M40 (J16) and M42 (J3A) motorways located just 3.5 miles and 5.5 miles respectively, and the railway station offering regular trains to Birmingham City Centre and Stratford-upon-Avon. In addition, the NEC and Birmingham Airport are within a half an hour's drive.
From the High Street, the front door opens into:
Vestibule - Further door into:
Main Restaurant Area - To the rear, there are doors to:
Ladies Wc - Low level WC, wash hand basin, hand dryer, and tiling to splashback areas.
Gents Wc - Low level WC, wash hand basin, hand dryer, and tiling to splashback areas.
Staff Cloakroom -
Prep Kitchen Area - Accessed via a two-way swing door from the main restaurant area.
Main Kitchen - Door into:
Rear Entrance/Store - With steps leading to the garden area. Doors into:
Walk-In Cold Room -
Staff Wc -
Garden Area - Long and running all the way up to the first house on School Road.
From the High Street, to the left of the entrance to the restaurant, there is a part glazed door that gives access to a stairway up to:
First Floor Flat -
Reception Room One - 4.70m x 4.50m (15'5" x 14'9") - Timber casement windows (one single glazed, one double glazed) to the front.
Bedroom One - 4.60m x 2.70m (15'1" x 8'10") - Timber casement single glazed windows to the front and rear.
Inner Hallway - Door into:
Bedroom Two - 3.80m x 3.40m (12'5" x 11'1") - Timber casement single glazed window to the front, and built-in storage cupboards.
Kitchen - 2.40m x 2.10m (7'10" x 6'10") -
Reception Room Two - 4.00m x 2.60m (13'1" x 8'6") - UPVC double glazed windows to the rear.
Bathroom - 2.80m x 2.40m (9'2" x 7'10") - UPVC double glazed window to the rear, 3-piece suite comprising; panelled bath with glazed screen and electric shower over, low level WC, pedestal wash hand basin, and tiling to splashback areas.
Additional Information - Services:
All mains services are connected to the property.
Tenure:
The property is Freehold (registered under title number 'WK306830') and is subject to a commercial lease, as referred to above.
Council:
Stratford-on-Avon District Council ()
Fixtures & Fittings:
In accordance with the terms of the lease.
Viewing:
Strictly by prior appointment with Earles[use Contact Agent Button]/[use Contact Agent Button]).
Earles is a Trading Style of 'John Earle & Son LLP' Registered in England. Company No: OC326726 for professional work and 'Earles Residential Ltd' Company No: 13260015 Agency & Lettings. Registered Office: Carleton House, 266 - 268 Stratford Road, Shirley, West Midlands, B90 3AD.
The ground floor restaurant area has a floor area of around 816 sq. ft. and the kitchen/ancillary rooms totals 460 sq. ft. To the first floor, there is a self-contained flat and as described below, it has its own part glazed access door directly from the High Street. As the photographs and plan within these details indicate, there is a substantial rear garden that runs all the way up to the houses fronting School Road.
The former market town of Henley-in-Arden is is well placed for easy access to major road and rail networks, with the M40 (J16) and M42 (J3A) motorways located just 3.5 miles and 5.5 miles respectively, and the railway station offering regular trains to Birmingham City Centre and Stratford-upon-Avon. In addition, the NEC and Birmingham Airport are within a half an hour's drive.
From the High Street, the front door opens into:
Vestibule - Further door into:
Main Restaurant Area - To the rear, there are doors to:
Ladies Wc - Low level WC, wash hand basin, hand dryer, and tiling to splashback areas.
Gents Wc - Low level WC, wash hand basin, hand dryer, and tiling to splashback areas.
Staff Cloakroom -
Prep Kitchen Area - Accessed via a two-way swing door from the main restaurant area.
Main Kitchen - Door into:
Rear Entrance/Store - With steps leading to the garden area. Doors into:
Walk-In Cold Room -
Staff Wc -
Garden Area - Long and running all the way up to the first house on School Road.
From the High Street, to the left of the entrance to the restaurant, there is a part glazed door that gives access to a stairway up to:
First Floor Flat -
Reception Room One - 4.70m x 4.50m (15'5" x 14'9") - Timber casement windows (one single glazed, one double glazed) to the front.
Bedroom One - 4.60m x 2.70m (15'1" x 8'10") - Timber casement single glazed windows to the front and rear.
Inner Hallway - Door into:
Bedroom Two - 3.80m x 3.40m (12'5" x 11'1") - Timber casement single glazed window to the front, and built-in storage cupboards.
Kitchen - 2.40m x 2.10m (7'10" x 6'10") -
Reception Room Two - 4.00m x 2.60m (13'1" x 8'6") - UPVC double glazed windows to the rear.
Bathroom - 2.80m x 2.40m (9'2" x 7'10") - UPVC double glazed window to the rear, 3-piece suite comprising; panelled bath with glazed screen and electric shower over, low level WC, pedestal wash hand basin, and tiling to splashback areas.
Additional Information - Services:
All mains services are connected to the property.
Tenure:
The property is Freehold (registered under title number 'WK306830') and is subject to a commercial lease, as referred to above.
Council:
Stratford-on-Avon District Council ()
Fixtures & Fittings:
In accordance with the terms of the lease.
Viewing:
Strictly by prior appointment with Earles[use Contact Agent Button]/[use Contact Agent Button]).
Earles is a Trading Style of 'John Earle & Son LLP' Registered in England. Company No: OC326726 for professional work and 'Earles Residential Ltd' Company No: 13260015 Agency & Lettings. Registered Office: Carleton House, 266 - 268 Stratford Road, Shirley, West Midlands, B90 3AD.
Property information from this agent
About this agent
WHO WE ARE Earles was founded in 1935 by John Reginald Earle and has been a prominent feature on the Henley-in-Arden High Street ever since. Over the years, the business has continued to grow into the firm practicing today, and as we are regulated by the Royal Institution of Chartered Surveyors, our expertise is particularly varied. Strengthened by qualified and professional staff, Earles offer a dedicated and thorough service to our clients. WHERE WE ARE We have been in our current location at 74 High Street (Henley-in-Arden) since 1981. Prior to this, the firm was based in 44A High Street. Our location in Henley-in-Arden offers an excellent central base allowing us to practice from Kenilworth Castle in the East to Chaddesley Corbett in the West. We also have a number of clients in Stratford-upon-Avon, North Gloucestershire and the Cotswolds. MEET THE TEAM At Earles, we have a number of specialist and qualified staff. We have two chartered surveyors as well as an associate who can provide a range of professional services such as valuations, conflict resolution and rural advice. We also have two estate agents that are particularly knowledgeable about the local area and relish the challenge of unusual and unique properties. The management of lettings properties and block developments is undertaken by our property manager and last but not least, we have our in-house accounts department and administrative staff.