MapGuide price
£375,000Retail property (high street) for sale
20, Merstow Green, Evesham
Auction
Reduced
Retail property (high street)
2,068 sq ft / 192 sq m
Features and description
- Tenure: Freehold
- Fantastic Investment Opportunity
- Guide Price: £400,000
- For Sale via Public Auction
- Gross Internal Area: 191.72 m²
A fantastic investment opportunity on Merstow Green, Evesham with a strong national business in occupancy. The property is a substantial Town Centre Freehold with parking, offices and retail area.
Location - Evesham is situated on the banks of the River Avon, approximately 16 miles southeast of Worcester, 13 miles southwest of Stratford-upon-Avon, and 30 miles south of Birmingham. The town has a railway station on the Cotswold Line, with services to London Paddington, Worcester, and Hereford. Nearby occupiers to Merstow Green include, Waitrose, Lloyds bank, NatWest, WH Smith, Greggs, Boots & Specsavers.
Accommodation - The property provides the following accommodation:
Ground Floor Retail: 37.78 m²
Ground Floor Office: 55.35 m²
Ground Floor Storage: 1.15 m²
Ground Floor WC: 3.25 m²
Ground Floor Storage: 36.51 m²
First Floor Office: 37.03 m²
First Floor Kitchen: 12.13 m²
First Floor WC: 8.5 m²
Total Area: 191.72 m²
Investment - The building is leased to Funeral Partners Ltd. A funeral service provider, with over 240 funeral homes overseeing 20,000 funerals annually. The lease is a Full Repairing and Insuring lease with a passing rental of £25,000 per annum on 15-year lease from 2021. Next open market rent review and break clauses in 2026 and 2031.
Services - Mains electric, water and drainage are understood to be connected. All interested parties are advised to make their own enquiries.
Business Rates - Rateable Value: £10,250
Qualifying businesses with a rateable value of £12,000 or below currently get 100% relief. This relief will decrease on a sliding scale for rateable values between £12,000 to £15,000. In addition, such businesses will have their bill calculated using the small business rates non-domestic rates multiplier. Enquire at for more details.
Energy Performance Certificate - EPC: Band C 69.
Planning - Presently Class E as defined by the Town & Country Planning Act (Use Classes Order).
For all planning enquiries, please contact Wychavon District Council [use Contact Agent Button] or [use Contact Agent Button].
Legal Costs - Legal Costs are to be confirmed.
Viewing - Please contact the commercial Team:[use Contact Agent Button] or alternatively [use Contact Agent Button]
Auction - The property is to be sold via Public Auction. Pre Auction sales are invited. Sold on an unconditional basis, purchasers considering alternative uses or even development are deemed to rely upon their own enquiries.
Important Notes - We are required by HMRC to conduct anti-money laundering checks on all parties with an interest in the property and accordingly we will require forms of identification in due course. Particulars: These Particulars do not constitute an offer or contract and should not be relied upon as being factually accurate, the photographs show only part of the property and the areas, measurements and distances given are approximately only. A buyer or a lessee must make their own enquiries or inspections and should not solely rely on these Particulars or other statements by Sheldon Bosley Knight. VAT: The VAT position relating to the property may change without notice.
Location - Evesham is situated on the banks of the River Avon, approximately 16 miles southeast of Worcester, 13 miles southwest of Stratford-upon-Avon, and 30 miles south of Birmingham. The town has a railway station on the Cotswold Line, with services to London Paddington, Worcester, and Hereford. Nearby occupiers to Merstow Green include, Waitrose, Lloyds bank, NatWest, WH Smith, Greggs, Boots & Specsavers.
Accommodation - The property provides the following accommodation:
Ground Floor Retail: 37.78 m²
Ground Floor Office: 55.35 m²
Ground Floor Storage: 1.15 m²
Ground Floor WC: 3.25 m²
Ground Floor Storage: 36.51 m²
First Floor Office: 37.03 m²
First Floor Kitchen: 12.13 m²
First Floor WC: 8.5 m²
Total Area: 191.72 m²
Investment - The building is leased to Funeral Partners Ltd. A funeral service provider, with over 240 funeral homes overseeing 20,000 funerals annually. The lease is a Full Repairing and Insuring lease with a passing rental of £25,000 per annum on 15-year lease from 2021. Next open market rent review and break clauses in 2026 and 2031.
Services - Mains electric, water and drainage are understood to be connected. All interested parties are advised to make their own enquiries.
Business Rates - Rateable Value: £10,250
Qualifying businesses with a rateable value of £12,000 or below currently get 100% relief. This relief will decrease on a sliding scale for rateable values between £12,000 to £15,000. In addition, such businesses will have their bill calculated using the small business rates non-domestic rates multiplier. Enquire at for more details.
Energy Performance Certificate - EPC: Band C 69.
Planning - Presently Class E as defined by the Town & Country Planning Act (Use Classes Order).
For all planning enquiries, please contact Wychavon District Council [use Contact Agent Button] or [use Contact Agent Button].
Legal Costs - Legal Costs are to be confirmed.
Viewing - Please contact the commercial Team:[use Contact Agent Button] or alternatively [use Contact Agent Button]
Auction - The property is to be sold via Public Auction. Pre Auction sales are invited. Sold on an unconditional basis, purchasers considering alternative uses or even development are deemed to rely upon their own enquiries.
Important Notes - We are required by HMRC to conduct anti-money laundering checks on all parties with an interest in the property and accordingly we will require forms of identification in due course. Particulars: These Particulars do not constitute an offer or contract and should not be relied upon as being factually accurate, the photographs show only part of the property and the areas, measurements and distances given are approximately only. A buyer or a lessee must make their own enquiries or inspections and should not solely rely on these Particulars or other statements by Sheldon Bosley Knight. VAT: The VAT position relating to the property may change without notice.
Property information from this agent
About this agent
The Commercial Department at Sheldon Bosley Knight has a team of knowledgeable and experienced staff headed by Mark Treadwell, a qualified Chartered Surveyor with extensive local knowledge so that you know the advice you are getting is the best that you can get. The services offered by our Commercial Department include: Commercial agency-advice on the rental value, the sale value and suitability of properties for your business We use a range of websites to promote your property including OnTheMarket, Novaloca and Focus CoStar Probate valuations and reports helping you at a very difficult time dealing with a deceased estate Regulated valuations for bank security and accounting requirements Transferring ownership of property between interested parties. Guiding you through the process of disposing or purchasing a property Development site appraisals we can help you to find a development site to meet your business needs Landlord and tenant advice making the best of a lease situation even when we did not put the tenant into the property. If you have a problem with a lease then we can help Party wall matters a hotly disputed area of property which can be very difficult when dealing with your neighbours. We can help take the ‘personality’ out of these problems Management of commercial property including management of service charges, rent collection and preparation of management accounts relating to the property dilapidations, renewals and rent reviews Production of residential and commercial EPCs. Specialist services that are beyond what you might expect from a commercial agent and provided by Sheldon Bosley Knight: We have excellent technical expertise in dealing with unique commercial property issues providing sound professional advice for each individual circumstance Management of insurance reinstatement projects when the worst happens to your home or business e.g. fire or flood, we can guide you through the process of reinstating the property.