Under Offer

Redditch Road, Studley

Guide Price £400,000

0 Bedroom
0 Bathroom
RESIDENTIAL DEVELOPMENT OPPORTUNITY
PLANNING APPROVAL FOR 7 NEW DWELLINGS
CURRENTLY A1 / A2 MIXED COMMERCIAL & RESIDENTIAL USE
CENTRAL VILLAGE LOCATION
IDEAL INVESTMENT OPPORTUNITY
VACANT POSSESSION
*BUSINESS UNAFFECTED*

Description

A freehold commercial investment or redevelopment opportunity, with extant planning for 7 new residential dwellings.
* Residential Development Opportunity
* Planning Approved for 7 New Dwellings
* Currently A1 / A2 Mixed Commercial & Residential Use
* Central Village Location
* Ideal Investment Opportunity
* Contact Vaughan Reynolds for Further Information
* Vacant Possession
* Business unaffected *

Located within a prime, central setting in the heart of Studley, a popular established village located towards the Warwickshire and South Birmingham border. This multi-faceted period building boasts an impressive 7,502 sq ft of retail and workshop/storage space (A1 & A2 Use), with the addition of two self-contained residential apartments above and on-site parking.

The premises have been used as a home to a successful, independent swimming pool and hot tub business and bespoke multifuel stoves manufacturer for many years, and as such has been altered to accommodate their showroom, offices and work spaces.
There is significant scope for further redevelopment to suit the new owners commercial needs. Alternatively, planning is in place to demolish the building and replace with seven new residential dwellings, comprising four, two bedroom terrace homes and three, two bedroom apartments. Full details of the planning can be found on the Stratford upon Avon District Council Planning Portal. REF: 15/01558/FUL.

LOCATION

Studley comprises a small Warwickshire town, situated amidst delightful countryside, close to the borders of Worcester and offering a good range of local shops and amenities. Studley is also located only 8miles south of junction 3 of the M42 and is readily accessible to the surrounding centre including Alcester 4 miles, Redditch 3 miles, Birmingham 20 miles and Stratford upon Avon 12 miles. Birmingham International Airport and Railway Station are about 18 miles away and Warwick Parkway Station also offers fast links to Birmingham City Centre and London Marylebone.

GENERAL INFORMATION

Subjective comments in these details imply the opinion of the selling Agent at the time these details were prepared. Naturally, the opinions of purchasers may differ.
Agents Note: We have not tested any of the electrical, central heating or sanitaryware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate.
Fixtures and Fittings: All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.
Tenure: The property is Freehold with vacant possession upon completion of the purchase.
Services: All mains services are understood to be connected to the property.
Local Authority: Stratford-upon-Avon District Council.
In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all of our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history. You understand that we will undertake a search with Experian for the purposes of verifying your identity. To do so Experian may check the details you supply against any particulars on any database (public or otherwise) to which they have access. They may also use your details in the future to assist other companies for verification purposes. A record of the search will be retained.
To complete our quality service, VaughanReynolds is pleased to offer the following:-
Free Valuation: Please contact the office on 01789 292659 to make an appointment.
VaughanReynolds Conveyancing: Very competitive fixed price rates agreed with our panel of local experienced and respected Solicitors. Please contact this office for further details.
Mortgages: We can offer you free advice and guidance on the best and most cost-effective way to fund your purchase with the peace of mind that you are being supported by professional industry experts throughout your journey. A & S Financial Services offer a comprehensive mortgage service, giving excellent advice 7 days a week. Please call Andy Davis on 01527 542260 or mobile 07980 800429 or by e-mail asfinser@aol.com.

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VaughanReynolds, for themselves and for the vendors of the property whose agents they are, give notice that these particulars do not constitute any part of a contract or offer, and are produced in good faith and set out as a general guide only. The vendor does not make or give, and neither VaughanReynolds nor any person in his employment, has an authority to make or give any representation or warranty whatsoever in relation to this property.

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