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COMMERCIAL

High Street, Alcester

£260,000
Earles, Henley In Arden
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Exciting Mixed-Use Investment Opportunity
  • Prominent High Street Location In Alcester
  • Ground-Floor Commercial Premises Operating As An Established Takeaway
  • Spacious Duplex Apartment Arranged Over Two Floors
  • Combined Rental Income Of Approximately £23,040 Per Annum
  • Attractive Gross Rental Yield Of Approximately 9%
  • Established Commercial And Residential Income Streams
  • Situated In The Heart Of Alcester Town Centre

Description

An exciting opportunity to acquire a mixed-use investment property situated in a prominent position on the popular High Street in the historic market town of Alcester.

The property comprises a ground-floor commercial premises, currently operating as an established takeaway, together with a spacious duplex apartment arranged over the upper two floors.

Both elements of the property generate a combined rental income of approximately £23,040 per annum, representing an attractive gross rental yield of approximately 9%, making this an appealing opportunity for investors seeking a strong income-producing asset.

Occupying a prominent position within Alcester's bustling town centre, the property benefits from a desirable High Street location, surrounded by a variety of independent retailers, cafés, restaurants and local amenities. Alcester is a popular and thriving Warwickshire market town, offering excellent connectivity to Stratford-upon-Avon, Redditch and the wider Midlands.

This is an excellent opportunity to acquire a mixed-use investment in a sought-after location, offering an attractive rental return and the benefit of both commercial and residential income streams.

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


Broadband:
Ultrafast Broadband Speed is available in the area, with predicted highest available download speed 1800 Mbps and highest available upload speed 220 Mbps. For more information visit:
Mobile signal coverage is available from the four major providers (EE, O2, Three and Vodafone):

EE - Good outdoor, variable in-home
O2 - Good outdoor. variable in-home
Three - Good outdoor and in-home
Vodafone - Good outdoor

Council Tax:
Stratford-on-Avon District Council - Band B

Flood Risk:
Rivers and the sea
Yearly chance of flooding - Very Low
Yearly chance of flooding between 2036 and 2069 - Low

Surface water
Yearly chance of flooding - Medium
Yearly chance of flooding between 2040 and 2060 - Medium
For more information, please 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

High Street, Alcester

High Street, Alcester

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wilmcote Station4.9 miles
  • Wooton Wawen Station5.1 miles

About Earles, Henley In Arden

74 High Street, Henley-In-Arden, B95 5BX
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

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

Earles, an independent firm of Chartered Surveyors, Auctioneers and Estate Agents has 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.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34987071. 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, Henley In Arden. 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.