- Approved planning for change of use to F1 and Class E
- 3 bed apartment above
- 1,200sqft ground floor for retail or dining use
- High street prominent position
Description
The Grade II listed property is built of brick construction and forms two storeys of original 19th-century accommodation with timber beams and trusses throughout. Surmounted by a pitched tiled roof and semi-detached to the right-hand elevation, 157 High Street extends to a rear modern kitchen and living room with a significant depth garden following.
Equipped with approved change of use from residential C3, the property, formerly an alehouse in the 18th century, has approval for F1 or Class E use on the ground floor. Above the ground floor is a 3-bed character apartment with two bathrooms.
Extending to 1,200sqft on the ground floor, the property would be suitable for a café, tea room or dining facility.
Location:
157 High Street Henley-in-Arden is an entire former residential high street unit situated in the heart of Henley –in-Arden as the gateway to Stratford-upon-Avon. The property is located centre of the high street and 3 miles south of Junction 16 of the M42, with Redditch Town Centre 8.8 miles west and Warwick Town Centre 10 miles east. The location serves as a prominent high footfall unit with attraction from all parts of rural Warwickshire.
Tenure:
The property is to be marketed on the leasehold open market for £40,000 per annum.
The minimum term is 6 years, followed thereafter by multiples of 3 years and incorporating reviews thereforth.
The property is to be let on a Full Repairing and Insuring Basis (FRI Lease)
Rating Assessment:
Rateable Value: To be assessed.
VAT:
All prices and rents quoted are exclusive of VAT which may be applicable.
RENTAL:
£40,000 per annum
VIEWING:
Strictly by appointment with the Agents.
