Retail property (high street) for sale
Property description & features
- Retail and residential investment in Evesham town centre
- Three retail units and x four flats
- Immediate income of £65,040 per annum
- Reflecting a net initial yield of 8.25% (assuming purchase costs of 5.10%)
- Grade II Listed building
Retail and residential investment in Evesham town centre.
Three retail units and x four flats.
Immediate income of £65,040 per annum.
Reflecting a net initial yield of 8.25% (assuming purchase costs of 5.10%).
Freehold.
Evesham is a market town in the Wychavon District of Worcestershire. It is located roughly equidistant between Worcester, Cheltenham and Stratford-Upon-Avon. Access to the national motorway network is via Junction 6 of the M5 Motorway approximately 14 miles distant.
Evesham train station, which sits on the Cotswold Line between Oxford and Hereford is also only a short distance from both properties.
The property occupies a prominent position on Evesham High Street, being the main arterial route through Evesham town centre, close to Evesham train station. Neighbouring occupiers include Subway, Coral, Mace and a number of independent retailers, cafes and restaurants.
53-57 comprises a significant three storey Grade II Listed building comprising two retail shops to the ground floor, with 4 separately accessed apartments (1 x one bed, 3 x two beds) to the upper floors.
59 comprises a two storey Grade II Listed building which comprises a retail unit to the ground floor and an unused first floor. The upper floor has never been used/redeveloped but there is potential for conversion to create an additional one bedroom apartment, subject to planning.
To the rear of the building is a large yard/car park, for use by the occupants, accessed off the Brick-Kiln Street, which has a one-way system in place.
Retail and residential investment in Evesham town centre
Three retail units and x four flats
Immediate income of £65,040 per annum
Reflecting a net initial yield of 8.25% (assuming purchase costs of 5.10%)
Grade II Listed building
Mixed use investment in Evesham town centre
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 107905FH. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Fisher German - Worcester, Commercial.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 23, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.