£800,000

Restaurant for sale

  1. Property photo 1 of 1.

Guide price

£800,000

(£235.64/sq. ft)

Restaurant for sale

Shakespeare Street, Stratford-Upon-Avon CV37

3,395 sq. ft

Local area information

Property location

Nearby amenities

  • St Gregory's Catholic Primary School 0.2 miles
  • King Edward VI School 0.4 miles
  • Stratford-upon-Avon 0.4 miles
  • Stratford-upon-Avon Parkway 1.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Stratford-Upon-Avon to find out more about the local area.

Features and description

  • Prominent location fronting the birmingham road
  • Ground floor 1902 sq ft (176.70 sq M)
  • First floor 1493 sq ft (138.74 sq M)
  • Freehold - guide price £800,000
  • Approximately 148 covers
  • Also available to rent - £57,500 pa plus premium for fixtures & fittings
Situation

The property occupies a prominent location fronting the Birmingham Road close to Stratford upon Avon town centre.
Description

An attractive two-storey building with arched windows and two imposing arched doorways. Steps lead up to the front entrance, with a paved seating area to either side. The property is currently laid out as a restaurant/bar. There are approximately 84 covers on the ground floor with a further 64 on the first floor.

Ground Floor:
Entrance Lobby 135 sq ft (12.6 sq m)
Restaurant/Bar 1,232 sq ft (114.5 sq m)
Kitchen 222 sq ft (20.6 sq m)
Male WCs 166 sq ft (2.15 sq m)
Female WCs 124 sq ft (2.15 sq m)
Disabled WC 23 sq ft (2.15 sq m)

total: 1,902 sq ft (176.7 sq m)

First Floor:
Restaurant/Bar 1,278 sq ft (118.73 sq m)
Kitchen/Stores 290 sq ft (26.9 sq m)
Separate WC

total 1,568 sq ft (145.63 sq m)

Please note: Every effort has been made to ensure that the above floor areas are accurate. They are in accordance with the Code of Measuring Practice. Fittings restricted measurement at the time of inspection. Interested parties should verify these for themselves.
Sale/letting

Option 1.
For sale freehold with vacant possession seeking offers in the region of £800,000

option 2.
To let at a rent of £57,500 per annum.
Premium

If the property is let, a tenant will be asked to pay a premium towards the fixtures and fittings. An inventory will be prepared by the Agents.
Floor plans

Floor plans are available from the Agents.
Rateable value

£48,000 from 1st January 2024

Please Note : We believe that for certain tenants that there may be no liability to pay rates, however this office gives no warranty that the rating values supplied and the sums of money expressed as being payable are accurate and the purchaser/tenant must rely upon their own enquiries with the Local Authority on or
Services

All mains services are connected. There is air conditioning to the ground and first floor bar and restaurant areas.
Legal costs

Each party to be responsible for their own legal costs incurred in this transaction.
VAT

We understand that VAT will be payable on a sale or on a lease.
EPC

An EPC is available from the Agents.
Viewing

Strictly by appointment with Tim Cox Associates. Telephone:

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Tim Cox Associates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Tim Cox Associates for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Warwickshire
  4. Stratford-upon-Avon
  5. Shakespeare Street