Rare opportunity to purchase two historic buildings in Cotswolds
SAVILLS and KBW Property Consultants have announced a rare opportunity in the Cotswolds.
Two Grade Ii-listed buildings on Broadway’s high street have been put up for sale with a range of future uses mooted. Savills and KWN will be acting on behalf of HW Keil Estate.
The buildings, one a former school which was most recently an art gallery and the second Eadburgha House, have been labelled ‘an intriguing opportunity’.
The Old School House, which is made of Cotswold ashlar with tile and stone slate roofs, was built in 1856 and enlarged in 1869.
Retaining many period features, it includes a spire topped by a weather vane and a clock – erected to commemorate Queen Victoria’s Diamond Jubilee in 1887.
It became a library when the school closed in 1914.
Its most recent use was as an art gallery but it is now unoccupied. Internally, the ground floor comprises two showrooms/offices, storage and kitchen and WC facilities.
Additional showroom and office accommodation is provided on the first floor.
While Eadburgha House sits between The Old School House and Tudor House on the south side of the High Street.
The 17th-century building provides three floors of accommodation with gas central heating. The retail ground floor of Eadburgha House features bow windows, an original fire place, wood panelling and part flagstone floors. Whilst the upper floors provide largely open plan ancillary accommodation in addition to a kitchen and two WC facilities. Also unoccupied, this property has most recently had a combination of retail and leisure uses.
Whilst both properties are designated Planning Use Class ‘E’, which includes retail, restaurant, office and financial and professional services, it is understood that they could be converted to alternative uses, subject to the appropriate planning consents being obtained.
Chris Torbett, associate director in the development team at Savills in Birmingham, whose team is handling the sale of both properties in conjunction with joint agents KBW, stated: “The availability of Eadburgha House and Old School House, in what is a highly prominent and central location within the village of Broadway, represents an intriguing opportunity for interested parties. Broadway is a popular tourist destination within the Cotswolds, renowned as much for its honeycoloured stone properties as its art galleries, antique shops, museums, hotels and tea rooms, with it widely being regarded as the ‘jewel of the Cotswolds’ only adding to the huge potential of these properties.
“Given these factors and how rare a sale their availability represents, we are anticipating a high level of interest in both properties.”