157 High Street

At a glance

Key Points

• 1,200sqft ground floor
• Approved planning for change of use to Class E and F1
• High footfall
• Large garden
• Modern kitchens
• 3 bed apartment
• High street location with prominence
• Grade II listed
• Original timber and trusses

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

The 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)