High Street, Bidford-on-Avon, Alcester
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High street retail property for sale
Description
HIGH STREET RETAIL UNIT AND DUPLEX APARTMENT
* Net Retail Area 275 sq.ft. (25.59 sq.m.)
* Duplex Apartment Gross Internal Area 747 sq.ft. (69.38 sq.m.)
* Fully Let with anticipated rental growth
* Prime Investment Opportunity in the centre of the village
Location - The property is located on the High Street in Bidford on Avon, a pretty village recorded in the Doomsday Book. The village has a population of approximately 5,000 and is situated on the River Avon with pleasant recreational meadows.
Stratford 7.5 miles, Evesham 6 miles, Warwick 20 miles, Birmingham 25 miles. There is a mainline Railway Station at Evesham with direct lines to Oxford and London.
Description - The property provides a well-appointed retail unit, currently let as a barbers shop, comprising a front retail area, kitchen and WC, and accessed directly off the High Street. There is a duplex apartment with separate entrance to the rear of the property, which is in need of some modernisation, and currently let on a periodic Assured Shorthold Tenancy.
The retail unit has plug-in electric heating and the apartment has a gas central heating system.
Accommodation - RETAIL UNIT - GROUND FLOOR
Front Retail Area - 23.10 sq.m. (249 sq.ft.)
Kitchen - 2.49 sq.m. (27 sq.ft.)
WC
Total Net Internal Floor Area - 25.59 sq.m. (275 sq.ft.)
DUPLEX APARTMENT
Ground Floor
Entrance Hall - 2.33m x 0.90m (7'8" x 2'11")
Shower Room - 1.94m x 1.45m (6'4" x 4'9")
Kitchen - 2.03m x 2.87m (6'8" x 9'5")
Sitting Room - 4.96m x 3.21m (16'3" x 10'6")
First Floor
Landing/Study - 3.11m x 3.87m (10'3" x 12'8")
Bedroom One - 4.29m x 4.21m (14'1" x 13'10")
Bedroom Two - 3.46m x 3.65m (11'4" x 12'0")
Gross Internal Floor Area - 69.38 sq.m. (747 sq.ft.)
Terms - The property is to be sold freehold.
Income - The shop is held on a lease for a term of six years from the 28th September 2018 at a current rent of £5,000 per annum. The apartment is let on a periodic Assured Shorthold Tenancy at a rent of £6,900 per annum.
Services - All mains services are understood to be connected to the property.
Rear Right Of Way - The duplex apartment benefits from a vehicular and pedestrian right of access.
Rateable Value - The current rateable value is understood to be £3,650.
The flat is understood to be in Council Tax Band C (Stratford on Avon Local Authority).
Vat - All prices and rents are quoted exclusive of VAT, which will be payable in addition.
Epc - The current EPC rating for the flat is TBC.
Viewing - Strictly by appointment with the sole Selling Agents:
Peter Clarke & Co
(option 5)
Brochures
High Street, Bidford-on-Avon, Alcester
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Honeybourne Station4.5 miles
- Wilmcote Station5.8 miles
- Evesham Station6.1 miles
About Peter Clarke & Co LLP, Stratford-Upon-Avon
53 Henley Street, Stratford-Upon-Avon, Warwickshire, CV37 6PT
Notes
Disclaimer - Property reference 32942041. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Peter Clarke & Co LLP, Stratford-Upon-Avon. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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