Originally built in 2004, the property consists of five office units within two, single storey detached buildings. They are arranged around a central car parking courtyard providing spaces for 18 vehicles.
The view from the rear of the site, in an easterly direction, is of a rural outlook.
The site represents a development opportunity with Class MA approval for Residential Conversion. It has permission for a change of use of the buildings to three dwelling houses via 24/01669/COUMA.
Location
Ardencroft Court is located within the pleasant Warwickshire village of Ardens Grafton near Stratford upon Avon . It is situated approximately 4 miles east of Alcester and 14 miles west of the county town of Warwick.
The village sits equi-distant approximately 1 mile from two entry points onto the A46 trunk road which gives access in turn to the M40 junction 15 at Warwick and the M5 junction 9 at Ashchurch approximately 20 miles distant.
Accommodation
Existing accommodation across all offices totals IPMS 3 Office 328 sq m (3,532 sq. ft)
The property has planning permission via Prior Approval for Change of use of the buildings to three dwelling houses via 24/01669/COUMA (Stratford-upon-Avon Planning Department).
The proposed new dwellings comprise:
- Unit 1 – A three-bedroom detached property of approximately 1,250 sq. ft. (116.12 sq.m.)
- Unit 2 - A four-bedroom semi-detached property of around 1,200 sq. ft. (111.48 sq.m.)
- Unit 3 – A three-bedroom semi-detached property of approximately 1,100 sq. ft. (102.19 sq. m.)
Terms
Tenure
The property is Freehold and to be sold with vacant possession from March 2025 - £975,000
Business Rates
There are three listings for Business Rates:
Unit 1 - £8,600
Unit 1a - £7,400
Units 2-4 - £27,250
Qualifying businesses with a rateable value of £12,000 or below currently get 100% relief. This relief will decrease on a sliding scale for rateable values between £12,000 to £15,000. In addition, such businesses will have their bill calculated using the small business rates non-domestic rates multiplier. Enquire at www.stratford.gov.uk for more details.
Services
Electricity and mains water are understood to be connected to each of the units. The site has a private sewerage system. All interested parties are advised to make their own enquiries with the suppliers to ensure continuity of supply.
Energy Performance Certificate
The property has three EPC certificates. All are B Rated. The current EPCs are valid until January 2033.
VAT
VAT will be applicable to the sale price for units 1,1a, 2 & 3.
Legal Costs
Each party will be responsible for their own costs.
Specification
- Residential development opportunity or Office complex
- Self contained site with rural outlook in a village setting
- Prior Approval for Change of use to 3 houses (24/01669/COUMA)
- IPMS 3 Office 328 sq m (3,532sq. ft)