- Excellent condition throughout (Grade A)
- Currently let to EH Smith Showrooms and Kitchens
- Reversionary lease
- 6 year term from 2020 (Current rent of £35,000
Description
This Grade II listed property is comprised of pitched tile roof surmounted above timber frames within a brick foundation. Built in circa 1700, the property is currently let to EH Smith at £35,000 per annum until 2026. 127 High Street is formed of 1,905sqft and is immaculate throughout. The building benefits from potential resi-conversion to self-contained apartments and is fitted with grade A fixtures throughout. A single parking space is allocated to the unit at the rear.
Location:
127 High Street, Henley-in-Arden is perhaps the most prominent retail unit in the entire town. Formerly the Lloyds Bank, the property is situated as a grade II listed property in the centre of the High Street, directly facing oncoming traffic as it veers around the property, proving excellent for frontage and advertising. Located 1.5 miles south of J16 of the M40 and 10 miles either side lies the towns of Warwick and Redditch.
Tenure:
The property is to be marketed to the freehold open market at the fixed price of £750,000
Rating Assessment:
Rateable Value: £18,250
VAT:
All prices and rents quoted are exclusive of VAT which may be applicable.
FREEHOLD:
£750,000
VIEWING:
Strictly by appointment with the Agents.
