Commercial Property for sale

6 Old Street,Upton-Upon-Severn,WR8 0HA

3,585 sq. ft. | £310,000

Property Description

Commercial information

  • 3,585 sq ft (333 sq m)
  • Use class orders: A1 Shops

Key features

  • FREEHOLD INVESTMENT
  • PROMINENT POSITION
  • GROUND FLOOR LET FOR 10 YEARS
  • RENTAL INCOME 25,900 PA
  • POPULAR WORCESTERSHIRE TOWN
  • BUILDING 310,000 NO VAT
  • CELLAR
  • 3 STOREY GEORGIAN BUILDING
  • REAR YARD

Full description

Tenure: Freehold

LOCATION

The premises are situated in the centre of Upton-upon-Severn with frontage along Old Street, one of the main retail parades within the Town. Upton is a popular town situated on the west bank of the River Severn, located 5 miles south-east of Malvern and 10 miles south of Worcester.

DESCRIPTION

The Property comprises a substantial three-storey Georgian mixed use premises, arranged as follows:-

(i) Ground Floor: Large Entrance Foyer opening off Old Street leads to:-

(a) Waiting Room - 60 sq ft
(b) Retail Area with display windows to Old Street - 366 sq ft
(c) Rear Consulting Room - 155 sq ft
(d) Storeroom - 65 sq ft
(e) Osteopath's Room - 154 sq ft
(f) WC

The total Net Internal Floor Area of the Ground Floor is 799 sq ft.

Stairs ascend from the Foyer to:-

(ii) First Floor: Residential accommodation, occupied by way of long Ground Lease.

Stairs continue to:-

(iii) Second Floor: Three-bedroom self-contained Flat.

Beneath the Retail Area is a useful Cellar of some 385 sq ft.

Externally there is an enclosed Yard to the rear.

TENURE

Freehold, subject to the following Leases:-

(a) Ground Floor: New 10-year Lease to Upton Eyecare Limited at a rent of 19,200 per annum.

(b) First Floor: Let until 2087 at a rent of 100 per annum.

(c) Second Floor: Let on an Assured Shorthold Tenancy at a rent of 550 pcm.

The total rental income is 25,900 per annum.

PURCHASE PRICE

310,000

BUSINESS RATES

Ground Floor: Combined 4,925

More information from this agent

Nearest stations

  • Great Malvern (5.3 mi)
  • Malvern Link (6.1 mi)
  • Ashchurch for Tewkesbury (6.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

John Truslove, Redditch

Daralbee House Archer Road, Redditch, Worcestershire, B98 8DJ

01527 338011 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Great Malvern (5.3 mi)
  • Malvern Link (6.1 mi)
  • Ashchurch for Tewkesbury (6.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

John Truslove, Redditch

Daralbee House Archer Road, Redditch, Worcestershire, B98 8DJ

01527 338011 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 6oldstreetwr80ha. 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 John Truslove, Redditch. 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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