Stratford is situated 5 miles from junction 15 of the M40 of the London to Birmingham motorway and is an affluent Warwickshire market town. It is also an international tourist destination with over 2.5 million visitors annually. The resident population of approximately 55,000 together with the high number of visitors makes Stratford a vibrant town centre location.
The property is situated in the centre of the town close to the market square, Windsor Street multi-storey car park and the tourist visitor attractions along Henley Street. The site is also in close proximity to the commercial hub of the town.
The site comprises 0.37 acres (0.15 hectares) of town centre redevelopment opportunity. Subject to planning alternative uses could include residential or commercial office use.
The parcel of land currently contains 51 garages and a small workshop/storage unit. 45 garages are let to private individuals on monthly licences. The workshop and five further garages are vacant. Total passing income is £28,740 per annum. All licences are terminable by one monthsÂ’ notice.
Access to the site onto the public highway is via a vehicular width passage onto Mansell Street. The boundaries are clearly delineated by timber fences for the most part. The site is broadly flat and level and predominantly covered with tarmacadam hard standing
0.37 acres (0.15 hectares) or thereabouts. The boundaries are shown on the attached plan for identification purposes only.
The freehold is offered for sale based on unconditional offers in excess of £850,000.
Each party will be responsible for their own legal costs incurred documenting the sale.
The property has consent for its existing use and subject to planning would be suitable for a number of alternative uses including residential and commercial offices. The entire site sits outside the Stratford upon Avon Town Centre Conservation Area.
Anytime during daylight hours with a copy of these particulars.
Industrial (land), Office (land), Residential (land), Retail (land), Leisure (land), Commercial / Other (land), Residential, Commercial
Sold STC - Stratford-upon-Avon town centre redevelopment opportunity 0.37 acres (0.15 hectares)