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HARWOODSHOUSE& BARNSINVESTMENT/DEVELOPMENTOPPORTUNITYPeriod House, Offices, Barnsand Land with Planning ConsentHarwoods House & Barns,Banbury Road, Ashorne,Warwickshire, CV35 0AA
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 junctionLOCATIONWhere 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 theB4100 Warwick to Banbury Road and the B4455 Fosse Way, half way between Warwick andGaydon, close to the village of Ashorne in the glorious Warwickshire countryside.Jaguar Land Rover and Aston Martin are both close by at Gaydon, with the WarwickTechnology Park also just up the road. Coventry and Warwickshire are known for beingat the forefront of technical innovation, creating and developing digital and transporttechnologies for the future. Brands such as Geely London Electric Vehicle Company,PSA Peugeot Citroen, Rolls Royce Aerospace, Tata Motors and VivaRail have made theirhomes 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 Wellesbourne) JLR’s new 200 million Engineering & Design Centre at Gaydon Extensive number of new homes planned or under construction in the Warwickshirearea nearby
DISTANCESM40 junction 12: 2 milesM40 junction 15: 3 milesGaydon (JLR/Aston Martin): 3 milesRoyal Leamington Spa: 4 milesWarwick: 6 milesStratford Upon Avon: 7 milesBanbury: 8 milesCoventry: 13 milesBirmingham: 20 milesOxford: 22 milesIf using a Satnav, please use the postcode CV33 9LA which will bring you to themain entrance.DESCRIPTIONHarwoods HouseAn impressive local landmark, Grade II listed period building, Harwoods House datesfrom the late 18th Century. The property is of Flemish bond red brick construction overthree storeys, with an old tiled hipped roof and a number of outbuildings. The property isin need of sympathetic refurbishment, providing a wonderful opportunity for residential orcommercial use.Office Barns - The Forge, The Dairy and The Coach House & HovelThere are three areas of former barns which were converted to highly specified officesin 2007. Each has underfloor heating with in-floor ducting for telecommunicationconnections, male and female WC’s (including disabled facilities) and kitchenette. Thebuildings are set within an attractive landscaped setting with sufficient car parking. “TheForge” 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 ftThere is planning consent for a further new build office construction to the rear ofGround floorHarwoods House, partly utilising existing outbuildings; totalling 8,696 sq ft (808 sq m).The accommodation has implemented planning and listed buildings consent fromStratford-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, withfurther access for Harwoods House itself off the Banbury Road. The planning permissionfor the new office building includes a new further access off Banbury Road; this entranceis also expected to provide access to the fields, which are currently arranged to provide asingle grazing area.First floor
ACCOMMODATIONHarwoods House (Gross Internal)Ground FloorFirst FloorSecond FloorTotal(Sq Ft)1,7701,7701,4434,983(Sq M)164164134462The Forge1,302121The Dairy1,270118The Coach House & Hovel (Net Internal)Ground FloorFirst Floor1,5397981437410.80 acres12.07 acres4.37 hectares4.89 hectaresNew Offices with planning consentOpen FieldsTotal AreaTENUREThe property is held freehold under separate titles as follows:WK410586 – includes Harwoods House, The Coach House and Hovel, area with planningconsent for offices, additional car parking, new entrance and open fields.WK397810 – The Forge, The Dairy and associated car parking.
CURRENT LEASESHARWOODS HOUSEThe Forge - 1,302 sq ftLet to Silverstone Auctions Limited (Company number 07464860) for a term of 10 yearsfrom 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 29thJune 2022 exercisable by means of no less than six months prior notice. The lease has aSchedule 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 ftLet to Selux UK Limited (Company number 02440744) at a rent of 22,860 per annum plusVAT with an end date of July 2027. The lease is full repairing and contracted outside thesecurity of tenure provisions of the Landlord & Tenant Act 1954. The lease is subject toservice charge.The Coach House and Hovel - 2,337 sq ftLet to Freestyle Agency, (Company Number 753777686) at a rent of 42,000 plus VAT withan end date of July 2027. The lease is full repairing and contracted outside the security ofTHE COACH HOUSE & HOVELtenure provisions of the Landlord & Tenant Act 1954. The lease is subject to service charge.ENERGY PERFORMANCE CERTIFICATESHarwoods HouseG159The Forge D93The DairyE121Coach House and TING AND PLANNINGHarwoods House is Grade II Listed (List Entry No. 1299985, date first listed 30th May 1967).W.COfficeNew 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/LBCOffice
PRICETHE FORGEOffers are invited over 1.8 million.VATVAT is payable in respect of tenant’s occupation and we assume will be payable inrespect of the sale.Potential space formeeting roomLEGAL COSTSEach party will be responsible for their own legal costs incurred in the transaction.VIEWINGS AND FURTHER INFORMATIONJoint agentsWhite Commercial Chartered Surveyors LtdBromwich HardyCharter Court1 Cobalt Centre49 Castle StreetMiddlemarch Business ParkBanburySiskin Parkway EastOxfordshireCoventryOX16 5NUCV3 4PEFAO: David PennTel: 024 7630 8900Mobile: 07771 774640Email: david.penn@bromwichhardy.comFAO: Chris WhiteTel: 01295 271000Mobile: 07990 527551Email: chris@whitecommercial.co.ukTHE DAIRY
LeamingtonSpa SpaLeamington10WAY B4455FOSSE455B4545B4FOSSEWAY B4455A439A4For furtherinformationFor furtherinformationpleasecontact:please contact DavidPenn at Bromwich Hardy00VIEWINGSVIEWINGSHARWOODSHOUSEHARWOODS& BARNSHOUSEVIEWINGSCHARTERED SURVEYORSCOMMERCIAL PROPERTY ADVISORSDavid PennDavidDavidPennPennT: 024 7630 8900Tel:T: 024 76307630 89008900david.penn@bromwichhardy.com.CHARTERED SURVEYORSCOMMERCIAL PROPERTY mwichhardy.com.PPPHARWOODSHOUSE& BARNSBanbury RoadAshorneWarwickshireCV35 OAA& BARNSFor further informationplease contact DavidPenn at Bromwich HardyPP00StratfordUpon Avon(Warwick Services 0.5 miles)P0B41StratfordUpon Avon(Warwick Services 0.5 on3.8milesmiles3.8M40B411045545B4B4B4FO E WSS AE WYAY B44B4 ckWarwickChris WhiteTel: 01295 271000chris@whitecommercial.co.ukthe mark of propertyprofessionalism worldwidethe mark of propertyprofessionalism worldwideMisrepresentation 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 representationor 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 2016Misrepresentation 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 anyMisrepresentation 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 representationfact uponwhichtoanypersonis entitledNeitherintheagentor anyin theirtoemployto makeor give anyrepresentationor warrantywhatsoeverin relationor factrepresentationupon which anyorpersonis entitledrelay.Neitherthe agenttoorrelay.any persontheiremployhaspersonany authoritymake orhasgiveanyanyauthorityrepresentationor warrantywhatsoeverin relationto the property.September2016 to the property. February 2021.
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
