5 Evesham Street, Alcester, Warwickshire B49 5DS
- PROPERTY TYPE
Retail Property (high street)
- SIZE
Ask agent
Key features
- IN ROOM AND LIVESTREAM AUCTION
- Tenanted investment opportunity
- Popular town location
- Purchase price + VAT
- Rental income £15,000 + VAT (future potential to increase)
- Long leasehold
Description
** IN THE ROOM AND LIVESTREAM AUCTION **
To be sold via Public Auction on Thursday 16th July 2026 at 6:30pm
Village Hotel, Canley, Coventry CV4 9GZ
Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.
GUIDE PRICE: £155,000 - £175,000 + VAT
Unique investment opportunity. Tenanted retail unit (bridal shop) within a popular town location, with current rent payable £15,000 p.a. (+VAT) with future potential to increase (by agreement and extension to current lease). Leasehold with 969 years remaining, an effective Freehold. Well presented property with a well established Tenant in situ.
ACCOMMODATION Retail area: 45 ft 5 in max x 28 ft 7 in max
Office
W.C.
Kitchen
Rear access.
OUTSIDE On street parking within the village.
SERVICES AND HEATING Mains electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)
Electric central heating.
EPC RATING - B
TENURE Leasehold subject to Lease.
Term: 999 years from 29/09/1996
Service charge: £580 per quarter
Service charge period: 01/07/2026 - 30/09/2026
Ground rent: Nil
LEASE Term: 5 years
Commenced: November 2024 (3 year break)
Rent payable: £15,000 p.a. + VAT
ADDITIONAL COSTS Administration Fee: £1,440 (£1,200 plus VAT)
Buyer's Premium: £1,440 (£1,200 plus VAT)
Please see the legal pack for any further costs
Tenure: See Legal Pack
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
5 Evesham Street, Alcester, Warwickshire B49 5DS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wilmcote Station5.0 miles
- Wooton Wawen Station5.2 miles
Notes
Disclaimer - Property reference 202606181453sq_kd8x. 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 Loveitts, Coventry - Auction. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Loveitts, Coventry - Auction on 024 7542 7371.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”