Terraced
3
False
The property occupies a central position fronting the northern side of the B4035 Port Street near the Bridge Street river crossing.
The market town of Evesham has a number of shops including a good representation of the multiple retailers, and amenities including heath centres, community, hospital and new leisure centre. Post office and banks and schooling for all ages of children together with a college which offers a range of full and part time courses. There is a train station in Evesham which is situated on the Worcester/Hereford to Paddington line, and there are good bus links to many of the surrounding towns including Redditch and Stratford upon Avon. The property is considered to occupy an excellent position for its existing use.
The property comprises a mid terraced town centre building of great character and benefitting from many attractive original features, it has been refurbished to create up to five bedsits. On the ground floor there is a large room, which has until recently been used as an office but provides potential for additional rental income, breakfast room/kitchen. On the first floor there are three bedrooms and a bathroom whilst on the second floor there is an attic room.
A Freehold Town Centre Investment Property with the potential for increased rental income.
Rent Passing: £9,600 pa
Estimated Full Rental Value: £12,900 pa
We understand that the property is Freehold subject to an Assured Shorthold Tenancy for part of the main building (three rooms, shared bathroom and kitchen) for a term of 6 months with effect from the 4th October 2014. The remainder is vacant and will be available with vacant possession upon completion.
The ground floor retail unit has been sold subject to a 99 year Lease at a Peppercorn Rent.
Full details relating to tenure are available for inspection within the legal pack.
Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.
