Summary - 17, WOOD STREET CV37 6JF
1 bed 1 bath Commercial Property
**Standout Features:**
- Substantial commercial property located on the prominent Wood Street.
- Gross Internal Area: 434.9m² (4680ft²) with a passing rent of £47,000 per annum.
- Currently leased to Done Brothers (Cash Betting) Ltd trading as Betfred, on a 5-year lease until March 2028.
- Prime town center location with off-street parking for approximately three vehicles.
- Potential for redevelopment subject to planning consent and vacant possession.
**Notable Concerns:**
- Lease term may deter mortgage lenders, posing a challenge for financing.
- The property requires maintenance, including the potential for structural repairs.
Discover an exciting investment opportunity in the heart of Stratford-upon-Avon at 17 Wood Street. This expansive commercial space offers unique potential with a substantial rental income of £47,000 a year, currently leased to the well-known Betfred. The historic building features exquisite architectural details typical of the area, ensuring it stands out among national retailers in a bustling market environment.
With a generous internal area of 434.9m², divided into ample retail space and first-floor offices, the property is not only an attractive investment but also encompasses the possibility for future development. Though it presents challenges related to its existing lease and maintenance needs, this strategically located property is a rare find that can cater to both retail and office prospects. Don't miss out—such opportunities in historic Stratford-upon-Avon are hard to come by!
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