Shipston-On-StourGuide Price £350,000
SHIPSTON ON STOUR is an old market town situated in the southern tip of Warwickshire in an area of undulating farmland close by the Cotswold Hills along the Gloucestershire and Oxfordshire borders. It provides the local shopping centre for many surrounding villages and has a predominantly Georgian High Street which benefits from being away from through traffic. The town also has both a Primary and Secondary School, medical centre and cottage hospital, library and several sports clubs. The main centres for the area are Stratford upon Avon (11 miles), Banbury (14 miles), Warwick (17 miles), Leamington Spa (18 miles). There is a mainline rail service to London from the Cotswold town of Moreton in Marsh (7 miles).
16 SHEEP STREET Is a large and prominently situated, Georgian terraced property, located in a prime location in Sheep Street, within the Shipston Conservation area, and is listed Grade II of special architectural and historic interest. Originally built in rendered stone as a town residence, with a later, Victorian brick built rear wing, the property has been the home of renowned local Butchers, Rightons of Shipston, for a number of generations until it’s closure in 2017. The property currently provides mixed use accommodation, having great potential for modernisation/refurbishment, with retail on the ground floor and a large residential flat on the first and second floors.
Detailed Planning Consent and Listed Building Consent was granted by Stratford District Council on 22nd June 2017, subject to conditions, for the conversion of the residential accommodation into three flats (Reference No: 17/00599/FUL & 17/00600/LBC). Copies of the approved plans/documents can be inspected on the council's website: https://apps.stratford.gov.uk/eplanning/ The proposed conversion will briefly provide:
Flat1: (First Floor) Living/Kitchen, Two Bedrooms and Bathroom – 650 sq ft approx.
Flat 2: (First Floor) Living/Kitchen, Bedroom and En-Suite Shower – 375 sq ft approx.
Flat 3: (Second Floor) Sitting Room, Bedroom, Kitchen & Bathroom – 430 sq ft approx.
This is a rare opportunity to purchase a valuable retail property in an excellent trading location with possible potential for change of use to other commercial use classes. In addition, the extensive residential accommodation enjoys consent for redevelopment into three self-contained flats - or refurbishment to create a family home.
On the Ground Floor The retail shop, formerly occupied by Rightons Butchers, has good frontage to Sheep Street with a maximum internal width of 33’ 3” and a depth of 15’ 4” and provides a Gross Sales Area of approximately 513 sq ft (47.71 sq m). In addition, there is currently a Refrigeration Room, a Preparation Room, Kitchen and Office. The commercial accommodation has a net internal floor area of approximately 948 sq ft (88 sq m). The Rear Hall and Covered Way gives access to the rear yard, whilst a staircase leads up to the residential accommodation:
On the First Floor Landing, Living Room, Sitting Room or Bedroom, further Bedroom, Kitchen/Diner and large Bathroom.
On the Second Floor Three further inter-connecting Rooms and Cloakroom/WC
Outside There is a Valuable Courtyard to the rear of the property with vehicular access from the Stratford District Council owned Telegraph Street public car park, and providing private parking for the shop together with a substantial Open Fronted Store.
Note: There is a retained single car parking space and access over the yard in favour of the adjoining flats – The Old Stores.
Services All mains services are connected to the property. No tests have been undertaken to the service installations. Interested parties are advised to make their own enquiries and investigations before finalising their offer to purchase.
Commercial Use Class. Use Class A1 is assumed for the commercial areas of the property, with potential for change of use to A2 or A3, subject to planning.
Tenure & Possession The property is for sale Freehold with vacant possession on completion. VAT is not payable on the purchase price.
Fixtures and Fittings All items mentioned in these particulars are included in the sale price, all others are expressly excluded.
Rateable Value and Council Tax Rateable Value: £7,700
Council Tax: Band B
– Business Rates and Council Tax payable to Stratford on Avon District Council.
Energy Performance Certificate We understand that the property is exempt as it has been listed Grade II by Historic England.
Rights of Way The property is sold subject to, and with the benefits of, any rights of way, easements, wayleaves, covenants, restrictions, etc, as may exist whether mentioned in these particulars, or not.
Viewing Strictly by appointment with Sheldon Bosley Knight – Shipston office. Tel: 01608 661666