# Workshop to lease (CV37 0AH) ## Property Details | Key | Value | |-----|-------| | Address | 18 - 19, WESTERN ROAD, STRATFORD-UPON-AVON, WARWICKSHIRE CV37 0AH | | Price | £1,250 pcm | | Last sold | £220,000 Oct 2025 | ## Description SITUATION Stratford upon Avon is a thriving market town within easy reach of the industrial and commercial centres of the Midlands and the Cotswolds. The M40 (J15) lies within 6 miles at Longbridge, Warwick enabling good access to the Midlands conurbation via the M42, M5 and M6 as well as affording a straightforward route to London and the South. Western Road Industrial Estate is situated at the southern end of Western Road and is within walking distance of the town centre. Adjacent to the new Railway Station car park and the Arden Quarter developed on the old Cattle Market site and close to many main car dealerships. DESCRIPTION A modern mid-terrace industrial unit of steel frame construction and steel profile sheet lined and insulated roof; concrete floor, internal blockwork walls and external brickwork fascia. Accessed via an electric roller shutter door (3.6m wide). The property offers a well-presented workshop/warehouse on the ground floor and good quality offices on the first floor. There is car parking in front of the unit. Reception lobby 60 sq ft (5.6 sq m) Ground floor Warehouse/Workshop 899 sq ft (83.5 sq m) Kitchenette 49 sq ft (4.55 sq m) Separate WC First Floor Offices 698 sq ft (64.8 sq m) Kitchen 92 sq ft (8.54 sq m) Separate WC NET AREA 1,798 SQ FT (167 SQ M) - - Please note: Every effort has been made to ensure that the above floor areas are accurate. They are in accordance with the Code of Measuring Practice. Fittings restricted measurement at the time of inspection. Interested parties should verify these for themselves. LEASE The premises are to be offered on a new full repairing and insuring lease for a term of years to be agreed. RENT £15,000 per annum exclusive RATEABLE VALUE £11,000 Please Note : We believe that for certain tenants that there may be no liability to pay rates, however this office gives no warranty that the rating values supplied and the sums of money expressed as being payable are accurate and the purchaser/tenant must rely upon their own enquiries with the Local Authority on or SERVICE CHARGE The tenant will contribute to the upkeep of the service yard. Further details are available. The in-going tenant will be responsible for both parties' reasonable legal costs incurred in this transaction. SERVICES Mains drainage, gas and electricity are available. VAT will be payable where applicable. VIEWINGS Strictly by appointment with the Sole Agents. ## Property Photos - ![18 Western Road ](/listings/photos/128033132/618163) - 18 Western Road - ![18 Western Road ](/listings/photos/128033132/618169) - 18 Western Road - ![Workshop ](/listings/photos/128033132/618183) - Workshop - ![Offices](/listings/photos/128033132/618189) - Offices - ![Office](/listings/photos/128033132/618194) - Office - ![Kitchenette](/listings/photos/128033132/618201) - Kitchenette - ![WC](/listings/photos/128033132/618206) - WC ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 18 - 19 WESTERN ROAD, STRATFORD-UPON-AVON, STRATFORD-ON-AVON, WARWICKSHIRE, CV37 0AH | £220,000 | 06/10/2025 | Flat | | 18 - 19 WESTERN ROAD, STRATFORD-UPON-AVON, STRATFORD-ON-AVON, WARWICKSHIRE, CV37 0AH | £90,000 | 25/02/1998 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] UNIT 3 WESTERN ROAD, STRATFORD-UPON-AVON, STRATFORD-ON-AVON, WARWICKSHIRE, CV37 0AH | £140,000 | 01/10/2025 | Other | | [Same street] UNIT 2 WESTERN ROAD, STRATFORD-UPON-AVON, STRATFORD-ON-AVON, WARWICKSHIRE, CV37 0AH | £180,000 | 11/03/2025 | Other | | ROOKES COURT 34 BREWERY STREET, STRATFORD-UPON-AVON, STRATFORD-ON-AVON, WARWICKSHIRE, CV37 0TJ | £245,000 | 28/06/2023 | Other | | [Same street] 16 WESTERN ROAD, STRATFORD-UPON-AVON, STRATFORD-ON-AVON, WARWICKSHIRE, CV37 0AH | £160,000 | 03/03/2023 | Other | | MIDLAND HOUSE WHARF ROAD, AVON INDUSTRIAL ESTATE, STRATFORD-UPON-AVON, STRATFORD-ON-AVON, WARWICKSHIRE, CV37 0AD | £900,000 | 01/02/2023 | Other | | PLUMB CENTER WHARF ROAD, AVON INDUSTRIAL ESTATE, STRATFORD-UPON-AVON, STRATFORD-ON-AVON, WARWICKSHIRE, CV37 0AD | £4,800,000 | 13/06/2022 | Other | | [Same street] UNIT 14 WESTERN ROAD, STRATFORD-UPON-AVON, STRATFORD-ON-AVON, WARWICKSHIRE, CV37 0AH | £139,000 | 31/05/2022 | Other | | 4 ARDEN STREET, STRATFORD-UPON-AVON, STRATFORD-ON-AVON, WARWICKSHIRE, CV37 6PA | £564,000 | 08/04/2022 | Other | | CROWN BUILDING ALCESTER ROAD, STRATFORD-UPON-AVON, STRATFORD-ON-AVON, WARWICKSHIRE, CV37 9BU | £4,140,000 | 01/04/2022 | Other | | [Same street] UNIT 7 WESTERN ROAD, STRATFORD-UPON-AVON, STRATFORD-ON-AVON, WARWICKSHIRE, CV37 0AH | £150,000 | 06/01/2022 | Other | | THE STRATFORD HOTEL ARDEN STREET, STRATFORD-UPON-AVON, STRATFORD-ON-AVON, WARWICKSHIRE, CV37 6QQ | £10,900,000 | 02/12/2021 | Other | | [Same street] UNIT 21 WESTERN ROAD, STRATFORD-UPON-AVON, STRATFORD-ON-AVON, WARWICKSHIRE, CV37 0AH | £500,000 | 23/06/2021 | Other | **Street average:** £211,500 (6 sales) **Area average:** £3,591,500 (6 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £1,053,757 (17 Other, CV37, 2024–2026) - **Deviation:** -99.9% ## Rental Range *ONS Price Index of Private Rents (Stratford-on-Avon). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,019/mo - **Realistic:** £1,132/mo - **Optimistic:** £1,245/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Warwickshire South (Apr 2025 – Mar 2026).* ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | Studio Flat, Avenue Road, CV37 | £875/mo | 1 | 0.48 miles | OpenRent | **Average rent: £875/mo (1 listing)** ## 1% Rule - **Rent ratio:** 70% (strong) - **Max investor price (0.8%):** £109,375 - **Target investor price (1%):** £87,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £875/mo).* - **Gross yield:** 840% - **Cost-to-rent:** 0.1× - **Monthly cashflow:** £758/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 2507.8% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -82.5% - **10y growth:** -81.7% ## House Price Index (HM Land Registry) *Official index for Stratford-on-Avon; All dwelling types series; as of March 2026.* - **1y growth (index):** 1.9% - **5y growth (index):** 17.8% - **10y growth (index):** 31.7% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)