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Gloucestershire Business News

Yew Tree House, 42 High Street, Broadway, Cotswolds

Yew Tree House is a Grade II listed building believed to date from circa 17th century with later additions, located in the heart of Broadway's High Street.

Most recently used as a kitchen showroom with two-bedroom apartment above, the property has undergone redecoration throughout.

The property has been neutrally decorated highlighting the building's many fine period features including some original windows, beams, flagstone flooring and open fireplaces.

Internally, the ground floor comprises a number of retail areas with bay windows used for display and allowing ample natural light into the property. There is a separate kitchen and a number of access points into a rear courtyard.

The first floor provides additional retail accommodation with access to second floor storage / office.

The residential apartment has its own entrance and benefits from a newly installed kitchen and bathroom. The two bedrooms are located on second floor level with built in wardrobes in-between.

EPC: The building is listed and therefore believed to be exempt.

Location:

The subject property fronts the High Street in Broadway, a well-known and popular tourist destination in the Cotswolds. It offers a broad range of shopping facilities and is particularly renowned for its art galleries and antique shops.

Nearby occupiers include Landmark, OKA, Edinburgh Woollen Mill, Cotswold Trading Company, The Lygon Arms Hotel and Broadway Museum.

Accommodation:

The approximate net internal floor areas of the retail accommodation are as follows:

Ground Floor: 121.7 sq m (1,310 sq ft)

First Floor: 54.3 sq m (585 sq ft)

Second Floor: 8.31 sq m (90 sq ft)

Total: 184.41 sq m (1,985 sq ft)

There is also a self-contained two bedroom apartment included on first and second floors, maximum dimensions are as follows:

Kitchen (first floor): 3.7 m x 3.98 m

Lounge (first floor): 5.46 m x 3.00 m

Bathroom (first floor): 2.67 m x 3.91 m

Bedroom 1 (second floor): 3.08 m x 5.98 m

Bedroom 2 (second floor): 3.22 m x 3.11 m

Approximate total size: 254.27 sq m (2,737 sq ft)

Terms:

Available on a new internal repairing and insuring lease for a term of years to be agreed incorporating regular upward only rent reviews.

Rent:

£55,000 per annum exclusive.

Rates:

To be reassessed. Interested parties should make their own enquiries of the billing authority (Wychavon) to verify the current rates payable.

Planning:

The property has most recently been used as a retail shop falling within the new 'Class E' use class. Class E includes a range of uses including retail, restaurant, office, financial & professional services, medical & health and some leisure. Subject to landlord approval.

Code for Leasing Business Premises (2020):

All tenants should be aware of the Code for Leasing Business Premises and are recommended to seek professional advice relating to this, or any, commercial property letting transaction.

VAT:

VAT is payable on the rent and any other charges or payments detailed. All figures quoted are exclusive of VAT and intending lessees must satisfy themselves as to the VAT position by taking appropriate professional advice.

Legal costs:

Each party to bear its own legal costs incurred in the transaction.

Contact:

KBW Property Consultants 

01242 244744

enquiries@kbw.co.uk 

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