29 High Street Stratford-upon-Avon Warwickshire CV37 6AU

29 High Street
Stratford-upon-Avon
Warwickshire
CV37 6AU

Highly Sought After Retail and Residential Investment

  • Ground and part first floor let to Robert Dyas Holdings Limited
  • Planning permission granted for conversion of self-contained 5 bedroom maisonette to 4 x one bedroom flats
  • Historic and affluent tourist market town
  • Nearby occupiers include H&M, Superdrug, Waterstones, Jack Wills, Laura Ashley, The White Company and Marks & Spencer
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    6
  • Auction
    11th February 2016
  • Rent
    £100,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,275,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Receivers CBRE
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Highly Sought After Retail and Residential Investment

  • Ground and part first floor let to Robert Dyas Holdings Limited
  • Planning permission granted for conversion of self-contained 5 bedroom maisonette to 4 x one bedroom flats
  • Historic and affluent tourist market town
  • Nearby occupiers include H&M, Superdrug, Waterstones, Jack Wills, Laura Ashley, The White Company and Marks & Spencer
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 6
  • Auction 11th February 2016
  • Rent
  • Status Sold
  • Price £1,275,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Receivers CBRE

Property Information

Location
Miles
9 miles south-west of Warwick, 12 miles south-west of Royal Leamington Spa, 24 miles south of Birmingham
Roads
A46, A429, M40 (Junction 15)
Rail
Stratford-upon-Avon Railway Station
Air
Birmingham International Airport
Situation

Stratford-upon-Avon is a historic and affluent market town, popular with tourists due to its status as the birthplace of English playwright and poet William Shakespeare, as well as the home of the Royal Shakespeare Company at the Royal Shakespeare Theatre. The property is prominently situated in the heart of the town centre, on the west side of the High Street adjacent to the Town Square Shopping Centre, anchored by Debenhams and close to Bridge Street, Wood Street, Henley Street and Sheep Street. Other nearby occupiers include H&M, Superdrug, Waterstones, Jack Wills, Laura Ashley, The White Company and Marks & Spencer.

Tenure

Freehold. There is a small loading area to the rear that is held leasehold for a term of 99 years from 10th April 1972 at a peppercorn rent.

Location
Miles
9 miles south-west of Warwick, 12 miles south-west of Royal Leamington Spa, 24 miles south of Birmingham
Roads
A46, A429, M40 (Junction 15)
Rail
Stratford-upon-Avon Railway Station
Air
Birmingham International Airport
Situation

Stratford-upon-Avon is a historic and affluent market town, popular with tourists due to its status as the birthplace of English playwright and poet William Shakespeare, as well as the home of the Royal Shakespeare Company at the Royal Shakespeare Theatre. The property is prominently situated in the heart of the town centre, on the west side of the High Street adjacent to the Town Square Shopping Centre, anchored by Debenhams and close to Bridge Street, Wood Street, Henley Street and Sheep Street. Other nearby occupiers include H&M, Superdrug, Waterstones, Jack Wills, Laura Ashley, The White Company and Marks & Spencer.

Tenure

Freehold. There is a small loading area to the rear that is held leasehold for a term of 99 years from 10th April 1972 at a peppercorn rent.

Description

The property, a three storey Grade II Listed building, comprises ground floor retail accommodation with office and ancillary accommodation on part first floor. The remainder of the first floor and second floor comprise a self-contained five bedroom maisonette accessed from the High Street.

Planning
Planning permission was granted on 23rd April 2014 for conversion of the part first and second floors from a five bedroom maisonette to 4 x one bedroom flats.
For further information:
Ref: 14/00558/LBC
Stratford-on-Avon District Council
Elizabeth House, Church St, Stratford-upon-Avon, Warwickshire CV37 6HX

Note
This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property, a three storey Grade II Listed building, comprises ground floor retail accommodation with office and ancillary accommodation on part first floor. The remainder of the first floor and second floor comprise a self-contained five bedroom maisonette accessed from the High Street.

Planning
Planning permission was granted on 23rd April 2014 for conversion of the part first and second floors from a five bedroom maisonette to 4 x one bedroom flats.
For further information:
Ref: 14/00558/LBC
Stratford-on-Avon District Council
Elizabeth House, Church St, Stratford-upon-Avon, Warwickshire CV37 6HX

Note
This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground
Part First
Retail
Office/Ancillary
300.70 sq m
87.20 sq m
(3,236 sq ft)
(938 sq ft)
ROBERT DYAS
HOLDINGS
LIMITED (1)
15 years from 26/10/2004 £100,000 25/10/2019
Part First & Second 5 Bedroom Maisonette
Not Measured
VACANT      
Total Commercial Area  
387.90 sq m
(4,174 sq ft)
    £100,000

(1) For the year ending 29/03/2014, Robert Dyas Holdings Limited reported a turnover of £124,209,000, pre-tax profits of £5,087,000 and a total net worth of £14,271,000. (Source: Experian Group 13/01/2016)

Property Documents

  • Catalogue Page
    Updated Date
    14.11.19
    File Size
    988 KB
    View PDF
  • Site Plan
    Updated Date
    14.11.19
    File Size
    94 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
DLA Piper LLP Princes Exchange, Princes Square
Leeds
LS1 4BY
Lizzy Wood 0113 369 2485elizabeth.wood@dlapiper.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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