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COMMERCIAL

Evesham Street, Alcester

£240,000
Earles, Alcester
PROPERTY TYPE

Commercial Property

SIZE

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5 Evesham Street, Alcester.jpg.jpeg
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Key features

  • Ground floor commercial premises
  • Let on a 5-year lease
  • Gross return of 7.5%
  • Recently refurbished, ready for continued occupation
  • Secure income stream, flexible layout, potential for long-term capital appreciation
  • EPC Rating: B

Description

An excellent opportunity to acquire a double-fronted ground floor commercial property situated on Evesham Street, extending to a Gross Internal Area (GIA) of approximately 155.8 sq m (1,678 sq ft). The property represents a robust investment, currently let on a five-year lease with a rent review at year three, providing a gross yield of 7.5%.

The building has recently undergone a refurbishment and benefits from predominantly open-plan accommodation, comprising a main retail area, kitchen, two storage rooms, a boiler room, and a W.C. The layout provides flexibility for a range of commercial uses, subject to planning consent, and is suitable for continued occupation by the existing tenant or alternative operators.

The property is located in a well-established commercial area, with good pedestrian and vehicular access, close to local amenities and transport links. Its prominent double-fronted façade provides excellent visibility and potential for brand presence.

This investment offers a secure income stream and the potential for long-term capital appreciation in a desirable location, making it a suitable acquisition for investors seeking both stability and future growth opportunities.

Information - Services:
Mains drainage, electricity and water are connected to the property.

Tenure:
The property is Leasehold with a 999 year lease (share of the freehold).

Broadband:
Superfast broadband speed is available in the area, with predicted highest available download speed 97 Mbps and highest available upload speed 20 Mbps. For more information visit:


Fixtures & Fittings:
All those items mentioned in these particulars will be included in the sale, others, if any, are specifically excluded.

Viewing:
Strictly by prior appointment with Earles / ).


Earles is a Trading Style of 'John Earle & Son LLP' Registered in England. Company No: OC326726 for professional work and 'Earles Residential Ltd' Company No: 13260015 Agency & Lettings. Registered Office: Carleton House, 266 - 268 Stratford Road, Shirley, West Midlands, B90 3AD.

Brochures

Evesham Street, AlcesterBrochure

Evesham Street, Alcester

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wilmcote Station5.0 miles
  • Wooton Wawen Station5.2 miles

About Earles, Alcester

21 High Street, Alcester, B49 5AE
Industry affiliations:Industry affiliation logo 0

Moving house is a demanding personal experience. On average, most of us may only move house once or twice in a lifetime and therefore we have a limited amount of experience and first hand knowledge.

Earles, trusted since 1935 is an independent firm of Chartered Surveyors, Auctioneers and Estate Agents have a considerable amount of experience in helping people market their properties and achieve a sale, in what can only be described as current challenging market conditions.

Although we have a traditional approach to property and estate agency, we are a modern, up-to-date practice but our company's biggest strength lies in our genuinely warm, friendly and professional approach that we offer to all our clients.

Our record of success has been built upon a single-minded desire to provide our clients with a top class professional service, delivered by highly motivated and well-trained staff. A sign of this success is the fact that a large proportion of our business is from referrals and satisfied clients who have been recommended to come to us by friends and family.

If advice is required, should you have bought a property from another agent, our team of Chartered Surveyors are able to undertake on your instructions, a full Homebuyers Survey or, for a lesser fee, a Home Condition inspection to help reassure you that the property you have agreed to purchase is as you had expected.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34196656. 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 Earles, Alcester. 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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