FOR SALE

Land & Garages at Mansell Street Stratford-upon-Avon CV37 6NR

Town Centre Freehold

Development Opportunity

0.15ha (0.370 acres)

51 Garages plus Workshop

Passing Income £28,740pa

Suitable for Alternative Uses

(Subject to Planning)

Unconditional

offers invited in

excess of £850,000

Land & Garages at Mansell Street Stratford-upon-Avon CV37 6NR Location Stratford is an affluent Warwickshire town and international tourist destination. The resident population of approximately 55,000 together with over 2.5 million visitors annually makes Stratford a vibrant town centre location. The site is situated in the centre of the town, close to the commercial hub. It is also in close proximity with the market square, Windsor Street multi-storey car park and the Shakespeare Birthplace tourist visitor attractions along Henley Street. Road Connections: M40 J15, Warwick (5 miles), M40 J12 Gaydon (16 miles), A46 (2miles) Rail Connections: Stratford-upon-Avon (1/2 mile) to Birmingham Moor Street 43m

Description Comprising 0.37 acres (0.15 hectares) on which sits fifty one garages and a small workshop/storage unit. Forty five are let on monthly licences, six are vacant and there are two access licences terminable by minimum three months’ notice. Total passing income is £28,740 per annum. Subject to planning the site represents a significant town centre redevelopment opportunity. Alternative uses could include residential or commercial office use. Direct access from the site onto the public highway is via Mansell Street. The site is broadly flat, level and predominantly covered with tarmacadam and the boundaries are clearly marked.

Terms The freehold is offered for sale based on unconditional offers in excess of £850,000.

Legal costs & VAT Each party will be responsible for their own legal costs incurred documenting the sale.

Viewing To discuss the property or to arrange a viewing please contact the sole sales agent Sheldon Bosley Knight. Mark Treadwell 01789 292310

mtreadwell@sheldonbosleyknight.co.uk

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