OFFICE PREMISES IN A RURALLY SITUATED SMALL BUSINESS CENTRE EXTENDING TO APPROXIMATELY 135 SQ METRES OVER 2 FLOORS WITH CAR PARKING
The property forms part of a small business centre converted from farm buildings circa 2007.
The property comprises mainly open plan offices over Ground and First Floors with some half height partitioning and 2 cellular offices. There is a reception area with kitchenette and male and female WCs on the Ground Floor also having the stairs to the First Floor.
The property is a terraced unit of brickwork construction with a pitched slate roof and forms part of a small business centre rurally situated on the Langley Road just outside the village of Bearley and some 4 miles to the North of Stratford on Avon.
The property has an entitlement to 8 car parking spaces within the communal parking area of the Business Centre. It is approached via footpaths interspersed with shrubbery and sitting out areas.
The A3400 is nearby leading to Birmingham to the North and connecting with the A46 at Stratford to the South with onward connection to the M40 Junction 15 at Warwick some 9 miles way. Bearley has a railway station on the Stratford on Avon to London (Marylebone) and Birmingham line.
Mains electricity and water connected with drainage to a private system. There is oil fired central heating under floor on the Ground Floor. The property is double glazed.
Stratford on Avon District Council.
The property has a Rateable Value of £14,500 with a rate payment for the year to 31 March 2024 of £7,235.50. Rate Relief may be available and prospective purchasers should make their own enquiries with the Council.
The EPC has expired and a new EPC is being commissioned.
The property is leasehold held under the residue of a 999 year lease from 21 June 2013 at a ‘peppercorn’ rental. It is currently sub-let under an occupational lease due to end on 20 June 2024 and vacant possession will available on completion of the sale even where this is before 20 June 2024.
We understand a service charge is payable to cover the landlord’s costs and outgoings associated with the property and are advised the sum to 31 March 2024 is £478.16 (+ VAT) per quarter.
Further information is available from sole selling Agents and viewings are Strictly by appointment with the Selling Agents Warwick Office.
