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The Grange, Coventry Road, Southam, POA CV47 1QA

Office with re-development potential subject to planning. The Grange Office

The demise is held freehold under the title WK435940 and is currently owned by Stratford-on-Avon District Council. The red line plan shows the extent of the ownership. Summary Warwickshire County Council Detached period office building of approximately 3,700 sq. Ft. (344 sq. M.) plus additional stores set in grounds of 1.55 acres (0.63 ha) with re- development potential available to let or for sale. Part of the office building is let to Warwickshire County Council on a 5 year lease comprising of two rooms. The lease commenced on 18 April 2015 and expires 17 April 2020. The current passing rent is £3,850 per annum. The Tenant is also liable to pay a service charge on a pro-rata basis. The property is a Grade II listed building which is currently in an office use. The tenant is required to keep in good repair all parts of the property and when the lease ends return it in a good state of repair. The site is located in the Warwickshire town of Southam, situated 15 miles South of Coventry and 20 miles East of Stratford-upon-Avon. The tenancy agreement is contracted outside Security of Tenure provisions of the Landlord and Tenant Act (1954). There is the ability to provide The property is located within the Southam Conservation area and the building is specifically listed due to its architectural features, boundary walls vacant possession subject to six months notice from either party. and outbuildings. There are a number of mature trees on the site. The Grange Hall Part of the Building is let to Warwickshire County Council (WCC), who have a five year tenancy which commenced 18 April 2015 and expires 17 April 2020 at a rental of £3,850 per annum. Vacant possession can be obtained. Adjacent to the property is the Grange Hall. The Grange Hall has the benefit of the access rights granted by a Conveyance of the land between Stratford-on-Avon District Council and Southam Town Council. It should be noted we are not marketing the demise of the Grange Hall which is held Potential for commercial or residential re-development subject to obtaining planning permission. under the freehold title number of WK435941. Offers invited. Overage Clause Location The site will be sold with a 33.3% overage clause to Stratford-upon-Avon District Council linked to any uplift(s) in value following and triggered by The site is located in the town of Southam, situated in the County of Warwickshire. Southam is approximately 15 miles South of Coventry, and 20 any successful planning permission(s) for a period of 20 years. miles East of Stratford-upon-Avon.

The nearest major towns are Royal Leamington Spa which is located 6.5 miles North West of the Site. Rugby is located 11 miles North East of the Services Site and Warwick is located 11 miles West of the site. Southam has a population of 6,507 (Source: 2011 Census) and falls within the Stratford-upon- All mains services would appear to be connected to the site. Avon district of Warwickshire.

Southam possesses strong transport links with the A423, A425 and A426 providing access to surrounding towns including Royal Leamington Spa, Planning Policy Daventry and Banbury. The site falls within the jurisdiction of Stratford-on-Avon District Council. The Core Strategy was adopted by the Cabinet and Council on 11 July 2016. This Local Plan was prepared under the Town and Country Planning (Local Planning) (England) Regulations 2012.

Situation The current planning use is B1 (offices) and the property is located within the Southam Conservation area. The site is accessed off Coventry Road, which runs through the centre of Southam. Immediately adjacent to the West of the site is the Grange Hall Interested parties should make their own enquiries to Stratford-on-Avon District Council to satisfy themselves as to the present planning position. which has a shared site access with the property. Coventry Road forms the eastern boundary to the site, the North and South boundaries comprise of residential housing. The surrounding area is predominantly residential with a number of local facilities including emergency and educational services. Southam industrial Offers estate lies to the South of Southam providing local employment opportunities. Offers are to be made in writing addressed to Simon Hain (EHB Commercial) Somerset House, Clarendon Place, Leamington Spa CV32 5QN and are to include the following:

Site Description 1) Full purchaser details; The property comprises a Grade II Listed detached period building which is subdivided into a number of office units totalling approximately 3,700 2) Freehold or leasehold offer; sq. Ft. (344 sq. M.). The site area is circa. 1.55 acres (0.63 ha). 3) Details of any development proposed; 4) Tenant covenant details if a leasehold offer; There are a number of mature trees on site and to the rear of the site is the Grange Hall which does not form part of the sale. 5) Anticipated timescales for exchange of contracts and completion; 6) Any other conditions, if any; 7) Full financial details confirming available funding; and Tenure 8) Solicitor details (parties are responsible for their own legal costs).

Somerset House Clarendon Place Royal Leamington Spa CV32 5QN 01926 881144 ehbresidential.com Also at: Warwick, 27 Jury Street, Warwick CV34 4EH

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IMPORTANT NOTICE ehB Residential for themselves and for the Vendors of this property, whose agents they are, give notice that:- 1. The particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchasers and lessees ought to seek their own professional advice. 2. All descriptions, dimensions, areas, reference to condition and necessary permissions for use and occupation and other details are given in good faith, and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of ehB Residential has any authority to make or give any representations or warranty whatever in relation to this property on behalf of ehB Residential, nor enter into any contract on behalf of the Vendor. 4. No responsibility can be accepted for any expenses incurred by intending purchasers in inspecting properties which have been sold, let or withdrawn. Measurement and other information. All measurements

check the information for you, particularly if contemplating travelling some distance to view the properties. 5. The agents will require identity documentation and evidence of address before entering into any transaction under money laundering regulations 2007.