Town Centre Prominent Retail Premises with Stunning Residential ...
FOR SALE
Town Centre Prominent Retail Premises with Stunning Residential Accommodation 61 Smith Street CV34 4HU & 40 Priory Road CV34 4NA, Warwick
1,832 Sq Ft (170.19 Sq M) £325,000 for the Freehold For more information, please contact:
Property Highlights • Prominent Retail Unit with Three Display Frontages • Ample Basement Storage • Stunning Character Property with Original Features • Separate Residential Entrance • Huge Investment Potential Value
Richard Sidaway 024 7630 8900 [email protected] 1 The Cobalt Centre Siskin Parkway East Middlemarch Business Park Coventry CV3 4PE
www.bromwichhardy.com
FOR SALE
Town Centre Prominent Retail Premises with Stunning Residential Accommodation 61 Smith Street CV34 4HU & 40 Priory Road CV34 4NA, Warwick Location
Business Rates
The subject building is a large corner plot located on Smith Street and Priory Road in the historic town centre of Warwick. Smith Street being one of the most popular retail high streets in Warwick this location for any retailer in the town, is second to none. The apartment is in a sought after town centre location for any prospective resident with Warwick Train Station only 0.3 of a mile and five minutes walk away. The location offers easy access to the A46 and M40 only two miles away.
Rateable Value (2010) Uniform Business Rates (2016/17) (exclusive of water & sewerage)
£4,150 0.497 pence
Rates Payable
£0
Description
Council Tax
Rare opportunity to acquire a stunning period corner property in Warwick Town Centre. The building on offer comprises ground floor retail premises with the luxury of three large display frontages a long with a large basement space comprising of three separate chambers currently used for storage. Located above the retail premises with its own separate entrance and postal address of 40 Priory Road with private porch entrance and stairs leading to an immaculate and recently re-furbished three bedroom apartment with original beams and period features. The apartment comprises of a large open plan lounge with dining area, a new fully fitted kitchen and shower room and stairs leading to a large double bedroom and two single bedrooms. New wooden flooring throughout and decorated to a high standard. The refurbishment also benefits from a New Gas Central heating boiler and radiators. Utilities are split between the retail and residential unit. The apartment has its own gas and electrical metered supply. A superb unique investment opportunity.
The residential accomodation currently falls within Band B - £1,305.17pa
The commercial unit currently has planning permission for A1 Retail
Tenure Freehold with vacant possession.
Rental Figures On the open market we would look to market the retail unit with basement storage at approximately £9,500 per annum exclusive Having consulted a local residential agent the residential would be marketed at approximnately £1,100 per calendar month
Accommodation Description
Planning
Sq Ft
Sq M
61 Smith Street Retail
441
40.97
61 Smith Street Basement
426
39.58
EPC TBC by the Agent
Viewing
Residential Accommodation
Strictly by appointment with the agent Bromwich Hardy.
Reception Lobby
Legal Costs
First Floor Living Room – 6.78m (22’3”) x 4.18m (13’9”) Kitchen – 3.04m (10’0”) x 2.84m (9’4”) Bathroom
Each party is to bear their own legal and surveyors costs incurred in this transaction.
Second Floor Bedroom One – 4.88m(16’0”) x 4.11m(13’6”) Bedroom Two – 2.86m(9’5”) x 2.04m(6’8”) Bedroom Three – 2.89m(9’6”) x 2.42m(7’11”)
FOR SALE
Town Centre Prominent Retail Premises with Stunning Residential Accommodation 61 Smith Street CV34 4HU & 40 Priory Road CV34 4NA, Warwick
FOR SALE
Town Centre Prominent Retail Premises with Stunning Residential Accommodation 61 Smith Street CV34 4HU & 40 Priory Road CV34 4NA, Warwick
Misrepresentation Act 1967. Unfair Contract Terms 1977. The property Misdescription Act 1991. These particulars are issued without any responsibility on the part of the agent and are not to be construed as containing any representation or fact upon which any person is entitled to relay. Neither the agent nor any person in their employ has any authority to make or give any representation or warranty whatsoever in relation to the property. September 2016
Town Centre Prominent Retail Premises with Stunning Residential Accommodation 61 Smith Street CV34 4HU & 40 Priory Road CV34 4NA, Warwick
1,832 Sq Ft (170.19 Sq M) £325,000 for the Freehold For more information, please contact:
Property Highlights • Prominent Retail Unit with Three Display Frontages • Ample Basement Storage • Stunning Character Property with Original Features • Separate Residential Entrance • Huge Investment Potential Value
Richard Sidaway 024 7630 8900 [email protected] 1 The Cobalt Centre Siskin Parkway East Middlemarch Business Park Coventry CV3 4PE
www.bromwichhardy.com
FOR SALE
Town Centre Prominent Retail Premises with Stunning Residential Accommodation 61 Smith Street CV34 4HU & 40 Priory Road CV34 4NA, Warwick Location
Business Rates
The subject building is a large corner plot located on Smith Street and Priory Road in the historic town centre of Warwick. Smith Street being one of the most popular retail high streets in Warwick this location for any retailer in the town, is second to none. The apartment is in a sought after town centre location for any prospective resident with Warwick Train Station only 0.3 of a mile and five minutes walk away. The location offers easy access to the A46 and M40 only two miles away.
Rateable Value (2010) Uniform Business Rates (2016/17) (exclusive of water & sewerage)
£4,150 0.497 pence
Rates Payable
£0
Description
Council Tax
Rare opportunity to acquire a stunning period corner property in Warwick Town Centre. The building on offer comprises ground floor retail premises with the luxury of three large display frontages a long with a large basement space comprising of three separate chambers currently used for storage. Located above the retail premises with its own separate entrance and postal address of 40 Priory Road with private porch entrance and stairs leading to an immaculate and recently re-furbished three bedroom apartment with original beams and period features. The apartment comprises of a large open plan lounge with dining area, a new fully fitted kitchen and shower room and stairs leading to a large double bedroom and two single bedrooms. New wooden flooring throughout and decorated to a high standard. The refurbishment also benefits from a New Gas Central heating boiler and radiators. Utilities are split between the retail and residential unit. The apartment has its own gas and electrical metered supply. A superb unique investment opportunity.
The residential accomodation currently falls within Band B - £1,305.17pa
The commercial unit currently has planning permission for A1 Retail
Tenure Freehold with vacant possession.
Rental Figures On the open market we would look to market the retail unit with basement storage at approximately £9,500 per annum exclusive Having consulted a local residential agent the residential would be marketed at approximnately £1,100 per calendar month
Accommodation Description
Planning
Sq Ft
Sq M
61 Smith Street Retail
441
40.97
61 Smith Street Basement
426
39.58
EPC TBC by the Agent
Viewing
Residential Accommodation
Strictly by appointment with the agent Bromwich Hardy.
Reception Lobby
Legal Costs
First Floor Living Room – 6.78m (22’3”) x 4.18m (13’9”) Kitchen – 3.04m (10’0”) x 2.84m (9’4”) Bathroom
Each party is to bear their own legal and surveyors costs incurred in this transaction.
Second Floor Bedroom One – 4.88m(16’0”) x 4.11m(13’6”) Bedroom Two – 2.86m(9’5”) x 2.04m(6’8”) Bedroom Three – 2.89m(9’6”) x 2.42m(7’11”)
FOR SALE
Town Centre Prominent Retail Premises with Stunning Residential Accommodation 61 Smith Street CV34 4HU & 40 Priory Road CV34 4NA, Warwick
FOR SALE
Town Centre Prominent Retail Premises with Stunning Residential Accommodation 61 Smith Street CV34 4HU & 40 Priory Road CV34 4NA, Warwick
Misrepresentation Act 1967. Unfair Contract Terms 1977. The property Misdescription Act 1991. These particulars are issued without any responsibility on the part of the agent and are not to be construed as containing any representation or fact upon which any person is entitled to relay. Neither the agent nor any person in their employ has any authority to make or give any representation or warranty whatsoever in relation to the property. September 2016
