Retail property (high street) to rent

Situated about 6 miles from Moreton in Marsh, 11 miles from Stratford upon Avon, 15 miles from Warwick (and M40 Junction 15) and Banbury (M40 Junction 11).

To let on a five/ten-year FRI lease

£2,250 pcm / £27,500 per annum exclusive.

Commercial premises extending in all to about 1,289 sqft/119.8 sqm with loft storage about 305 sqft/28.3 sqm, kitchen and cloakroom facilities.

Main retail / shop 612sqft / 56.9sqm.

Inner retail / shop 174 sqft / 16.2 sqm.

First floor office / retail / shop 339sqft / 31.5 sqm.

Shipston on Stour is a former market town situated in South Warwickshire and on the edge of the North Cotswolds. The town is a busy local centre with good shopping, schooling and recreational facilities serving its own population and a number of surrounding villages. The larger centres of Stratford upon Avon, Banbury, Oxford and Cheltenham are accessible.

The area is serviced by a network of main roads including the A3400 (Oxford to Birmingham) road passing through the town. Junctions 11 and 15 of the M40 Motorway are accessible at Banbury and Warwick respectively. There are main line stations at Moreton in Marsh and Banbury with train services south to Oxford and London respectively.

27 High Street is situated in a prime location in the town centre overlooking the High Street and Market Place and refurbished to a high standard.

The premises, which have been recently modernised, offer spacious and well-presented retail space with the principal area extending to about 612sq ft / 56.9 sqm.

In addition there is a display lobby and inner retail / shop area over looking Sheep Street extending to about 338 sqft / 31.4sqm with cloakroom and kitchen facilities on the ground floor.

On the first floor there are two further retail/office areas extending to about 339 sqft / 31.5 sqm with a substantial loft storage area extending to about 305 sqft / 28.3 sqm.

In addition, it should be noted there is pedestrian access from the kitchen area out on to Sheep Street for deliveries.

GENERAL INFORMATION

Term

The property is to be let on a five/ten-year full repairing and insuring lease, to be outside the Landlord and Tenants Act 1954 with three-yearly rent reviews.

Commencing Rental of £2,250 pcm / £27,500 pa (exclusive of outgoings), payable monthly in advance. A photographic itinerary will be produced for the property.

The Lease is to be a full repairing and insuring lease outside the terms of the Landlord and tenant Act 1954. A photographic inventory will be produced for the property.

Deposit The tenant will be required in addition to the rent to pay a deposit bond equivalent to three months’ rent at the commencement of the lease.

Insurance The tenant will be required to pay 85% of the buildings insurance premium which is estimated to be in the region of £1,000 for 2025/2026.

VAT The landlord has not waived his exemption to VAT. Therefore VAT is not chargeable on the rent.

Uses & Restrictions It is understood the retail premises at 27 High Street, Shipston on Stour has planning permission for E-class use which incorporates shops, retail outlets, professional services, food and drink (including restaurants and cafes), drinking establishments, hot food and takeaway.

The landlord’s preference is for a non-competitiveness to existing businesses situated within the town centre but would support the relocation of an existing business within the town.

Legal Costs The tenant(s) will be responsible for the Landlords reasonable legal costs in the transaction

Rating This is payable to Stratford on Avon District Council. Tel [use Contact Agent Button]. The premises is currently being reassessed for business rates purposes. The property may qualify for small business rate relief. Interested parties should seek clarification from the District Council.

Fixtures and Fittings All items mentioned in these particulars are included in the lease. All other items are expressly excluded,

Services Mains water, electricity and drainage are connected. Electric heating system.

Energy Performance Certificate

Current: 49 (B)

Viewing By appointment through the sole lettings agents:

Seccombes Estate Agents,

10 Market Place, Shipston on Stour CV36 4AG.

Tel [use Contact Agent Button].

[use Contact Agent Button]

Directions CV36 4AJ

27 High Street is situated on the corner of and overlooking the High Street and Market Place in the centre of Shipston on Stour.

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IMPORTANT NOTICE

These particulars have been prepared in good faith and are for guidance only. They are intended to give a fair description of the property, but do not constitute part of an offer or form any part of a contract. The photographs show only certain parts and aspects as at the time they were taken. We have not carried out a survey on the property, nor have we tested the services, appliances or any specific fittings. Any areas, measurements or distances we have referred to are given as a guide only and are not precise.