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Sheep Street, Shipston-On-Stour

Withdrawn from Market £445,000

Property Description

Key features

  • Residential development opportunity for four flats
  • Creation of two retail units
  • Scope for retail or investment
  • Valuable town centre freehold
  • Planning permission granted with conditions reference 17/02260/FUL

Full description

Tenure: Freehold

SHIPSTON ON STOUR is a popular market town, lying approximately 9 miles from Stratford upon Avon town centre, on the edge of the Cotswolds and offering excellent local amenities. The town offers a variety of shopping, social, educational and recreational facilities and there is easy access to the motorway network and regional centres. 

20 SHEEP STREET comprises an exciting town centre freehold residential and retail development opportunity. With planning permission for alteration to existing shop front, retaining retail space and creation of four flats (2 no. one bedroom, 1 no. two bedroom and 1 no. three bedroom). The residential part offers scope for re-sale or letting investment and the retail is offered with planning permission for two units and vacant possession due to the owner retiring. Follow link https://apps.stratford.gov.uk/eplanning/AppDetail.aspx?appkey=OTP2MAPMMBR00

FLOOR AREAS
Apartment 1 (1 bedroom) 75 sq.m./807 sq.ft
Apartment 2 (1 bedroom) 46 sq.m./495 sq.ft.
Apartment 3 (3 bedroom) 96 sq.m./1033 sq.ft.
Apartment 4 (2 bedroom) 83 sq.m./893 sq.ft.
Retail Space Shop 1 95 sq.m./1023 sq.ft.
Retail Space Shop 2 77 sq.m./828 sq.ft.
 

GROUND FLOOR  

RECESSED COVERED ENTRANCE PORCH two large windows to front, glazed front door opening to  

MAIN RETAIL AREA with CELLAR under, exposed stone wall. 

TWO FURTHER LARGE RETAIL AREAS to the rear. 

KITCHENETTE with oil fired central heating boiler, emergency exit and wc. 

FURTHER RETAIL SPACE at the end of the shop with changing rooms.  

A back door leads out to the  

REAR YARD existing parking, oil tank. 

Stairs lead to a FIRST FLOOR 

HALF LANDING AND LANDING  

STOCK ROOM ONE window to side. 

STOCK ROOM TWO window to side.  

MAIN STOCK ROOM in two parts, two windows to front. 

SHELVED STORE window to rear.  

OFFICE double glazed window to rear. 

TOP FLOOR  

ATTIC ONE two dormers to front. 

ATTIC TWO four roof lights. 

TENURE The property is understood to be freehold although we have not seen evidence. This should be checked by your solicitor before exchange of contracts. 

SERVICES We have been advised by the vendor that mains electricity, water and drainage are connected to the property. Gas and oil is being checked. However, this information should be checked by your solicitor before exchange of contracts. 

VAT All prices and rents are quoted exclusive of VAT which may be payable in addition.  

RATEABLE VALUE The current Rateable Value of the existing building is understood to be £13,750. 

PLANNING PERMISSION Granted subject to conditions on 27th October 2017 under planning reference 17/02260/FUL. Alterations to existing shop frontage, erection of 1.5 storey rear extensions, physical alterations to existing rear wing and creation of four flats (no net loss of retail space).

 

RIGHTS OF WAY The property is sold subject to and with the benefit of any rights of way, easements, wayleaves, covenants or restrictions etc. as may exist over same whether mentioned herein or not. 


More information from this agent

Listing History

Added on Rightmove:
29 November 2017

Floorplans

Map & Street View

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