37 & 37a High Street Bidford - On - Avon Warwickshire B50 4BQ

  • 37 & 37a High Street<br>Bidford - On - Avon<br>Warwickshire<br>B50 4BQ

37 & 37a High Street
Bidford - On - Avon
Warwickshire
B50 4BQ

Freehold Retail and Residential

  • High Street Retail unit let until 2029 (subject to option)
  • Located in Popular Warwickshire village, 7 miles from Stratford-upon-Avon
  • Commercial tenant in occupation since 2003
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    89
  • Auction
    13th October 2016
  • Rent
    £9,751 per Annum Exclusive
  • Status
    Sold
  • Price
    £80,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of a Major Fund Manager
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Freehold Retail and Residential

  • High Street Retail unit let until 2029 (subject to option)
  • Located in Popular Warwickshire village, 7 miles from Stratford-upon-Avon
  • Commercial tenant in occupation since 2003
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 89
  • Auction 13th October 2016
  • Rent £9,751 per Annum Exclusive
  • Status Sold
  • Price £80,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of a Major Fund Manager

Property Information

Location
Miles
7 miles south west of Stratford-Upon-Avon, 18 miles east of Worcester, 25 miles south of Birmingham
Roads
B4085, B439, A46
Air
Birmingham International Airport
Situation

Bidford-On-Avon is a popular riverside village in east Warwickshire some 7 miles south west of Stratford-upon-Avon. The property is located on the High Street which also houses a number of independent retailers including a bakery, butchers and pharmacy.

Tenure

Freehold.

Location
Miles
7 miles south west of Stratford-Upon-Avon, 18 miles east of Worcester, 25 miles south of Birmingham
Roads
B4085, B439, A46
Air
Birmingham International Airport
Situation

Bidford-On-Avon is a popular riverside village in east Warwickshire some 7 miles south west of Stratford-upon-Avon. The property is located on the High Street which also houses a number of independent retailers including a bakery, butchers and pharmacy.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit and a self contained residential flat at first floor which has been let on a long leasehold.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Description

The property comprises a ground floor retail unit and a self contained residential flat at first floor which has been let on a long leasehold.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
37 Ground Retail
45 sq m
(484 sq ft)
 INDIVIDUAL
t/a Bidford News 		15 years from
31/03/2014 until
30/03/2029 (1)		 £9,750 (2) 31/03/2019 and
31/03/2024
37a First Residential
Not Measured
 INDIVIDUAL 999 years from
30/07/2004		 £1 (29/07/3003)
Total Commercial Area  
45 sq m
(484 sq ft)
     £9,751  

1) The lease provides an option to determine on 31/03/2020 and 31/03/2026
(2) The tenant is currently paying a temporary rent of £6,400 pa on a rolling basis terminable by the landlord at any time.

Contacts

Seller's Solicitors
Eversheds 1 Callaghan Square
Cardiff
CF10 5BT
Alexandra Shapland 0292 047 7210AlexShapland2@eversheds.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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