Retail Property (high street) for sale6 Old Street,Upton-Upon-Severn,WR8 0HA
3,585 sq. ft.
- 3,585 sq ft (333 sq m)
- Use class orders: A1 Shops
- FREEHOLD INVESTMENT
- PROMINENT POSITION
- GROUND FLOOR LET FOR 10 YEARS
- RENTAL INCOME £25,900 PA
- POPULAR WORCESTERSHIRE TOWN
- BUILDING £310,000 NO VAT
- 3 STOREY GEORGIAN BUILDING
- REAR YARD
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.
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
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.
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.
Ground Floor: Combined £4,925
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