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Auctions / Stratford-upon-Avon

8-12 Greenhill Street, Stratford-upon-Avon, Warwickshire, CV37 6LF

Guide Price* : £650,000 plus

MIXED USE INVESTMENT

  • Mixed Used Investment
  • Freehold
  • Investment Producing £64,600 Per Annum
  • Approximately 3,010.57 sq m (32,405 sq ft) GIA
  • On a Site of Approximately 0.445 Hectares (1.101 Acres)

Description

The subject property comprises a two storey former supermarket set within a parade, that has been extended to provide offices, 4 x retail units, a leisure unit and roof top car park with approximately 160 spaces.

Units 8-10 - Office and Roof-Top Car Park

The accommodation comprises a mix of modern open plan and partitioned offices arranged over the ground floor, including meeting rooms, reception, kitchen, staff areas and WC facilities. Additional storage rooms are located at first/mezzanine level, which also provides secondary rear access to the roof-top car park.

Part of the ground floor has been sub-divided to provide a former night-club and bar.

The roof top car park is accessed via a ramp to the rear off Mansell Street with approximately 160 parking spaces.

Unit 12A

The property comprises a ground floor mid-terrace retail unit trading as a vape store.

Unit 12B

The property comprises a ground floor mid-terrace retail unit trading as a micro pub.

Unit 12C

The property comprises a ground floor mid-terrace retail unit trading as an off licence.

Unit 12D

The property comprises a small ground floor mid-terrace retail unit training as a convenience store.

Externally, the property includes a service yard with two storage units accessed from the rear via Mansell Street, and a further 18 car parking spaces. The site extends to approximately 0.445 hectares (1.101 acres).

Location

The property is located on Greenhill Street, between its junctions with Windsor Street and Arden Street, occupying a prominent position on a main road location just outside the primary retail core of the historic market town of Stratford-upon-Avon. The immediate surrounding area is mixed-use in nature, comprising retail, residential, and commercial occupiers.

The M40 motorway, which provides connections between London, Oxford, and Birmingham, is located approximately 6.2 miles to the north east of the Property. Stratford-upon-Avon is located approximately 17 miles south of Solihull, 22 miles south west of Coventry, 28 miles south of Birmingham, 49 miles southeast of Wolverhampton.

Stratford-upon-Avon railway station is located less than mile west of the Property, offering regular direct services to Stratford-upon-Avon Parkway, Wilmcote and Birmingham Moor Street and Birmingham Airport is situated approximately 18 miles to the north.

Tenure

We understand the property is held freehold under Title Number WK331460. We understand the office and roof-top car park are held long leasehold for a term of 999 years years at a peppercorn rent from 16 December 1996 with approximately 971 years remaining.

Planning Authority

Stratford-on-Avon District Council - www.stratford.gov.uk

Bidder Registration

Registration for bidding will close at 2:00 pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.

VAT

Refer to the legal documentation

Energy Performance Certificate

TBC

Accommodation

Address Tenant Floor Use Sq M Sq F Lease Terms Rent £ pa Rent Review
10 Orbit Housing Association Ltd Ground and First Floor Offices 1,562.95 16,824 999 years from 16/12/1996 Peppercorn N/A
12A Private Individual Ground Retail 57.80 622 10 years from 20/12/2019 £14,100 N/A
12B Private Individual Ground Retail 58.70 632 10 years from 02/09/2024 £14,100 5 Yearly
12C Private Individual Ground Retail 54.04 582 10 years from 22/07/2024 £14,500 3 Yearly
12D Private Individual Ground Retail 56.34 606 10 years from 09/12/2015 £15,500 5 Yearly
8 Vacant Ground Nightclub and Bar 860.87 9,266 999 years from 16/12/1996 Peppercorn N/A
Rear of 12A, 12B and 12C Vacant Ground 2 x Store 359.87 3,873 N/A N/A N/A
Car Park Unknown Ground 9 x Spaces N/A N/A Unknown £3,600 N/A
Car Park Unknown Ground 1 x Space N/A N/A Unknown £400.00 N/A
Car Park Unknown Ground 4 x Spaces N/A N/A Unknown £2,400 N/A
Car Park Vacant Ground 4 x Spaces N/A N/A Unknown N/A N/A
Total 3,010.57 32,405 £64,600

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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

** If you take up this service, Dynamo may pay a referral payment of up to 20% of the procuration fee received by Dynamo from the relevant lender on completion of the mortgage to us. This is not paid by you and has no impact on the service provided. Dynamo is a trading name of Dynamo Mortgages Limited, which is part of the same group of companies as Lambert Smith Hampton, owned by Connells Limited.

If you take up this service you will agree your own separate contract with Dynamo, and Lambert Smith Hampton is not responsible for the accuracy, quality or suitability of any advice, recommendations or services provided to you.

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Subject to Contract and Exclusive of VAT © Lambert Smith Hampton August 2025

Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including LSH Property Auctions, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.