HARWOODS HOUSE & BARNS

INVESTMENT/ Period House, Offices, Barns Harwoods House & Barns, and Land with Planning Consent Road, Ashorne, DEVELOPMENT , CV35 0AA OPPORTUNITY

PROPERTY HIGHLIGHTS

• Landmark, listed former residence in need of refurbishment • Offices totalling 4,909 sq ft (456.2 sq m) let to three tenants • Office income: £87,645 per annum • Planning permission for 8,696 sq ft (808 sq m) new build offices • Open fields included within total area of 12.07 acres (4.89 hectares) • Rare opportunity in highly sought-after location just off M40 at Fosse Way / Banbury Road junction

LOCATION

Where Dick Turpin stashed his ill-gotten gains, according to local legend, Harwoods House, land and buildings occupy a highly prominent and landmark position at the junction of the B4100 to Banbury Road and the B4455 Fosse Way, half way between Warwick and Gaydon, close to the village of Ashorne in the glorious Warwickshire countryside.

Jaguar Land Rover and are both close by at Gaydon, with the Warwick Technology Park also just up the road. and Warwickshire are known for being at the forefront of technical innovation, creating and developing digital and transport technologies for the future. Brands such as Geely London Electric Vehicle Company, PSA Peugeot Citroen, Rolls Royce Aerospace, Tata Motors and VivaRail have made their homes here and the area is a major centre for B2B and gaming/entertainment software. Unprecedented local investment includes:

• National Automotive Innovation Centre • UK Battery Industrialisation Centre • Battery Assembly Centre (JLR) • UK Mobility Data Institute (Warwick Manufacturing Group) • Smart City Mobility Centre (at ) • JLR’s new £200 million Engineering & Design Centre at Gaydon • Extensive number of new homes planned or under construction in the Warwickshire area nearby DISTANCES M40 junction 12: 2 miles Stratford Upon Avon: 7 miles M40 junction 15: 3 miles Banbury: 8 miles Gaydon (JLR/Aston Martin): 3 miles Coventry: 13 miles Royal : 4 miles Birmingham: 20 miles Warwick: 6 miles Oxford: 22 miles

If using a Satnav, please use the postcode CV33 9LA which will bring you to the main entrance.

DESCRIPTION

Harwoods House An impressive local landmark, Grade II listed period building, Harwoods House dates from the late 18th Century. The property is of Flemish bond red brick construction over three storeys, with an old tiled hipped roof and a number of outbuildings. The property is in need of sympathetic refurbishment, providing a wonderful opportunity for residential or commercial use.

Office Barns - The Forge, The Dairy and The Coach House & Hovel There are three areas of former barns which were converted to highly specified offices in 2007. Each has underfloor heating with in-floor ducting for telecommunication connections, male and female WC’s (including disabled facilities) and kitchenette. The buildings are set within an attractive landscaped setting with sufficient car parking. “The Forge” and “The Dairy” Barns are both single-storey. The “Coach House and Hovel” building is ‘L’ shaped being part two-storey and part single-storey.

New Build Office Opportunity - 8,696 sq ft Ground floor There is planning consent for a further new build office construction to the rear of Harwoods House, partly utilising existing outbuildings; totalling 8,696 sq ft (808 sq m). The accommodation has implemented planning and listed buildings consent from Stratford-on-Avon District Council under references 13/00185/FUL and 13/00186/LBC. The proposed scheme comprises office space, meeting rooms, ‘buzz space’, servery, toilet facilities and storage, along with 58 new parking spaces and covered cycle parking.

The main access for the offices is to the rear of the Dutch barns off Fosse Way, with further access for Harwoods House itself off the Banbury Road. The planning permission for the new office building includes a new further access off Banbury Road; this entrance is also expected to provide access to the fields, which are currently arranged to provide a single grazing area.

First floor

ACCOMMODATION

Harwoods House (Gross Internal) (Sq Ft) (Sq M) Ground Floor 1,770 164 First Floor 1,770 164 Second Floor 1,443 134 Total 4,983 462

The Forge 1,302 121

The Dairy 1,270 118

The Coach House & Hovel (Net Internal) Ground Floor 1,539 143 First Floor 798 74

New Offices with planning consent Open Fields 10.80 acres 4.37 hectares Total Area 12.07 acres 4.89 hectares

TENURE The property is held freehold under separate titles as follows: WK410586 – includes Harwoods House, The Coach House and Hovel, area with planning consent for offices, additional car parking, new entrance and open fields.

WK397810 – The Forge, The Dairy and associated car parking. CURRENT LEASES HARWOODS HOUSE The Forge - 1,302 sq ft Let to Silverstone Auctions Limited (Company number 07464860) for a term of 10 years from 18th July 2017, with an end date of July 2027 at a current rent of £22,785 per annum. There is a rent review at 18th July 2022 and the tenant has a break clause as at 29th June 2022 exercisable by means of no less than six months prior notice. The lease has a Schedule of Condition and is excluded from the security of tenure provisions of the Landlord & Tenant Act 1954. The lease is subject to service charge.

The Dairy - 1,270 sq ft Let to Selux UK Limited (Company number 02440744) at a rent of £22,860 per annum plus VAT with an end date of July 2027. The lease is full repairing and contracted outside the security of tenure provisions of the Landlord & Tenant Act 1954. The lease is subject to service charge.

The Coach House and Hovel - 2,337 sq ft Let to Freestyle Agency, (Company Number 753777686) at a rent of £42,000 plus VAT with an end date of July 2027. The lease is full repairing and contracted outside the security of THE COACH HOUSE & HOVEL tenure provisions of the Landlord & Tenant Act 1954. The lease is subject to service charge.

ENERGY PERFORMANCE CERTIFICATES

Harwoods House G159 The Forge D93 Office

The Dairy E121 Coach House and Hovel D86 Server

Office Shwr W.C

Office W.C

Staff

LISTING AND PLANNING

Harwoods House is Grade II Listed (List Entry No. 1299985, date first listed 30th May 1967). W.C

Office Office New build offices and parking under references: 13/00185/FUL,13/00186/LBC, 05/02930/LBC, 05/0928/FUL, 03/03196/FUL, 03/01621/FUL, 03/01623/LBC, 01/02103/FUL, 01/02107/LBC PRICE THE FORGE Offers are invited over £1.8 million.

VAT VAT is payable in respect of tenant’s occupation and we assume will be payable in respect of the sale.

Potential space for LEGAL COSTS meeting room Each party will be responsible for their own legal costs incurred in the transaction.

VIEWINGS AND FURTHER INFORMATION

Joint agents

Bromwich Hardy White Commercial Chartered Surveyors Ltd 1 Cobalt Centre Charter Court Middlemarch Business Park 49 Castle Street Siskin Parkway East Banbury THE DAIRY Coventry Oxfordshire CV3 4PE OX16 5NU

FAO: David Penn FAO: Chris White Tel: 024 7630 8900 Tel: 01295 271000 Mobile: 07771 774640 Mobile: 07990 527551 Email: [email protected] Email: [email protected] M40M40 WarwickWarwick LeamingtonLeamington Spa Spa M40 M40 NorthboundNorthbound JunctionJunction 13/14 13/14

A46 A46 2.32.3 miles miles M40M40

A452 A452 Southbound Y B4455 Southbound Y B4455A A Junction 12 B4100 Junction 12 15 B4100 15 3.83.8 miles miles (Warwick Services 0.5 miles) A46 14 FOSSE W (Warwick Services 0.5 miles) A46 14 FOSSE W B4455 B4455 13 13 M40 A46 M40 B4100 A46 P

A429 B4100 P P A429 B4100 P P B4100 B4455 P

A439 Y

B4455 A

A439 Y HARWOODS A HOUSE & BARNS HARWOODS FOSSE W Banbury Road B4455 FOSSE W Stratford HARHOUSWOODES Ashorne Warwickshire Upon Avon B4455 & BARNS Stratford HOUSE CV35 OAA Upon Avon & BARNS

VIEWINGS VIEWINGSVIEWINGS David Penn For further information For further information DavidDavid Penn Penn Chris White For further information please contact David T: 024 7630 8900 please contact: please contact David Penn at Bromwich Hardy Tel:T: 024024 7630 89008900 [email protected]. Tel: 01295 271000 CHARTERED SURVEYORS COMMERCIAL PROPERTY ADVISORS the mark of property Penn at Bromwich Hardy [email protected]@bromwichhardy.com. [email protected] professionalism worldwide CHARTERED SURVEYORS COMMERCIAL PROPERTY ADVISORS the mark of property professionalism worldwide Misrepresentation Act 1967. Unfair Contract Terms 1977. The property Misdescription Act 1991. These particulars are issued without any responsibility on the part of the agent and are not to be construed as containing any representation or fact upon which any person is entitled to relay. Neither the agent or any person in their employ has any authority to make or give any representation or warranty whatsoever in relation to the property. September 2016 Misrepresentation Act 1967. Unfair Contract Terms 1977. The property Misdescription Act 1991. These particulars are issued without any responsibility on the part of the agent and are not to be construed as containing any Misrepresentation Act 1967. Unfair Contract Terms 1977. The property Misdescription Act 1991. These particulars are issued without any responsibility on the part of the agent and are not to be construed as containing any representation or factrepresentation upon which any or person fact upon is entitled which to any relay. person Neither is entitledthe agent to or relay. any personNeither in the their agent employ or any has personany authority in their to employ make or has give any any authority representation to make or warrantyor give any whatsoever representation in relation or warrantyto the property. whatsoever September in relation 2016 to the property. February 2021.