Prominent Location Popular Market Town 618ft² / 57.45m²
Shipston on Stour is an old market town situated near the southern tip of Warwickshire and is the local shopping centre for many surrounding villages. The town also has primary and secondary schools, a medical centre and cottage hospital, library, several public houses and several sports clubs. The main regional centres are Stratford upon Avon (11 miles), Banbury (14 miles), Warwick (17 miles) and Leamington Spa (18 miles). There is a mainline rail service to London from Moreton in Marsh (7 miles)
The property comprises a ground floor lock-up retail commercial unit. The property is in Sheep Street immediately adjacent to a small passageway leading to the main town centre car park off Telegraph Street.
Shop: 618 ft² (57.45m²) sales area with an initial shop frontage of approximately 11’ 4” and an overall shop depth of approximately 49’.
Mains water, drainage and electricity are understood to be connected. The shop also has electric heating with hot water in the kitchen. There will also be wiring for an alarm system.
A new lease on an internal repairing basis for a minimum term of 3 years and with other terms to be agreed at a commencing rental of £10,000 per annum will be granted. A 3-month rent deposit, held for the duration of the term, is required. This property is excluded from the 1954 Landlord and tenant act.
The rateable value £7,500.
Bank, trade and accountants’ references will be required. A variable fee will usually be charged by banks / building societies for financial references. Each party will be responsible for their own legal & other costs incurred in this transaction
Important notes We are required by HMRC to conduct anti-money laundering checks on all parties with an interest in the property and accordingly we will require forms of identification in due course. Particulars: These Particulars do not constitute an offer or contract and should not be relied upon as being factually accurate, the photographs show only part of the property and the areas, measurements and distances given are approximately only.
A buyer or a lessee must make their own enquiries or inspections and should not solely rely on these Particulars or other statements by Sheldon Bosley Knight.
VAT: The VAT position relating to the property may change without notice
To discuss the property or to arrange a viewing please contact.