The property comprises a detached freehold warehouse of 16,109 sq ft currently utilised as a caravan showroom. The site area is approx.. 1.85 acres equating to a low site cover of 15%.
The property has a large tarmacadam and concrete surfaced yard, with car parking to the front elevation, and secure storage to the rear.
The property is of traditional steel frame construction with insulated corrugated steel and blockwork elevations, surmounted by a part pitched, part flat insulated roof with translucent rooflights.
The property provides warehouse, showroom accommodation with ancillary offices, kitchenette, and WCs to the ground floor. There is additional office and storage accommodation to the first floor and further storage at basement level.
There s a multi-level mezzanine floor utilised as additional showroom, office and storage accommodation.
The property has a minimum eaves height of 3.6m rising to 6m at the apex.
Location
The property is prominently located on the A435 Birmingham Road, less than a mile north west of Alcester and 2.5 miles south of Studley. The A435 Birmingham Road is a key arterial route to connecting J3 of M42 to the north, with J9 of the M5 and J15 of the M40 (via the A46) to the south and east respectively.
The property is centrally located between Stratford-upon-Avon, Evesham and Redditch which are all within a 20 minute drive and directly accessible via the A435 and A46.
The property is situated within walking distance of Alcester and Studley town centres and the Moat House Inn and Kings Coughton Lane bus stops are an approx. 3 minute walk from the property. The popular Arden Forest Industrial Estate is approx.. 0.5 miles and less than a 10 minute walk from the property.
The immediate area comprises a mix of commercial and residential property. There is limited retail provision within the local area, which makes this an ideal site for the development of convenience retail, trade counter or dealership property.
Accommodation
The property provides the following approximate grossinternal floor areas:
Basement – Stores – 316.114 sq m (3,403 sq ft)
Ground Floor – Warehouse/Showroom (incl. offices & WCs) – 1,051.67 sq m (11,320 sq ft)
Mezzanine – Warehouse/Showroom (incl. offices & stores) – 128.81 sq m (1,386 sq ft)
Total – 1,496.59 sq m (16,109 sq ft)
Terms
Title – The property is held freehold under title no. WK334422.
Copies of the title documents are included within the Marketing Pack.
Planning – We understand that the property has planning consent for its existing use.
Planning application submitted in June 2020 by Aldi Stores Limited for demolition of existing structures and erection of a Class A1 food store with new vehicular access/egress to Birmingham Road, new internal vehicular access road, car parking, servicing area, and hard and soft landscaping. The planning application was withdrawn in 2022.
Interested parties are to rely on their own enquiries with Stratford-on-Avon District Council.
EPC – A copy of the EPC for the property is available within the Marketing Pack.
Business Rates – The property is assessed as follows:
Rateable Value: £75,500
Description: Showroom and premises
Rates Payable (24/25): £41,223 pa (based on 54.6p in the £)
Marketing Pack – A Marketing Pack with additional information is available upon request.
Offers – Offers in excess of £1.7m invited for the freehold interest.
VAT – All prices quoted exclusive of VAT.
Costs – All parties are responsible for their own costs incurred in respect of the transaction.
Services – We understand all mains services are connected but none have been tested. Interested parties should rely upon their own enquiries.
Specification
- Vacant freehold warehouse currently utilised as a caravan showroom
- Strategic prominent roadside location on key arterial A435 Birmingham Road
- Large yard and low site cover of approx.. 15%
- Excellent asset management potential including extension and redevelopment s.t.p.
- Change of use to convenience retail, trade counter or dealership s.t.p
- Offers invited in excess of £1.7m