21 Wood Street
Stratford Upon Avon
CV37 6JU

Attractive Bank Investment on a New 5 year lease to be granted (1)

  • Entirely occupied by Santander UK PLC
  • New 5 year lease (NO Breaks) (1)
  • VAT-free Investment
  • Future alternative use potential of the upper floors
  • Lot
  • Auction
  • Rent
    £41,000 per Annum Exclusive
  • Status
  • Price*
  • Sector
  • Auction Venue
    Live Streamed Auction
  • On Instructions of a Major Property Company
  • 21 Wood Street<br>Stratford Upon Avon<br>Warwickshire<br>CV37 6JU
  • Expand
  • Photos
  • Map

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

Property Information

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

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 Wood Street close to its junction with High Street/Bridge Street.


Leasehold. Held for 100 years from 29/09/1973 expiring 29/09/2073 at a current rent of £14,500 p.a. Review in 2033.


The property comprises a ground floor bank with ancillary accommodation on the first floor.


VAT is not applicable to this lot.


The property may benefit from future redevelopment for a variety of uses, subject to all necessary consents/permissions and current tenancy. Interested Parties are referred to www.stratford.gov.uk


There will be no internal viewings of the property due to Covid-19.

Completion Period

Six Week Completion


See legal pack at www.acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas
TenantTermGross Rent
145.89 sq m
(1,570 sq ft)
PLC (2)
5 years beginning
on 25/12/2020 (1)
145.89 sq m
(1,570 sq ft)

(1) Santander UK PLC are currently subject to an Agreement for Lease for a lease of the whole property for 5 years commencing on 25/12/2020. Completion of the lease is conditional on obtaining the freeholders consent to sublet. The terms of the Agreement for Lease cannot be disclosed for confidentiality reasons. However, the form of lease that is to be entered into will be provided as part of the auction pack.
(2) For the year ending 31st December 2019, Santander UK PLC reported a turnover of £7,224,000,000, a pre-tax profit of £1,012,000,000 and shareholders funds of £15,857,000,000 (Source: NorthRow 19/01/2021).

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    File Size
    11 MB
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  • Catalogue Page
    Updated Date
    File Size
    725 KB
    View PDF
  • Site Plan
    Updated Date
    File Size
    821 KB
    View PDF
  • Common Auction conditions
    Updated Date
    File Size
    168 KB
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  • Memorandum of Sale
    Updated Date
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    File Size
    1,016 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    File Size
    585 KB
    View PDF


Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Seller's Solicitors
Addleshaw Goddard LLP One St Peter's Square
M2 3DE
Josh Bragg 01619346557Josh.Bragg@addleshawgoddard.com

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