Bridge Street, Evesham, WR11

Guide price £475,000


  • Exciting Mixed Investment Opportunity
  • Evesham Town Centre/ Close to Abbey Park River Avon
  • Ground floor retail/ Commercial 3 Refurbished Flats

EXCITING MIXED INVESTMENT opportunity in Evesham town centre, close to the Abbey Park and river Avon. 62 Bridge Street is a substantial investment property, comprising a ground floor retail/ COMMERCIAL SPACE & THREE REFURBISHED FLATS.

62 Bridge Street is a substantial investment property, comprising a ground retail unit, commercial kitchen and three refurbished flats. The building is fully occupied with a current rental income of £33,000 per annum (gross).

Tattoo Studio (Ground Floor)
5-year lease term from June 2023
£10,800 per annum, rising to £12,000 per annum from 2024.

Rear Kitchen (Ground Floor)
£2,400 per annum from June 2023.

Flat 1 (First Floor)
Two bedrooms
Let on an Assured Shorthold Tenancy (AST) at
£675 per calendar month.

Flat 2 (Second Floor)
Two bedrooms
Let on an Assured Shorthold Tenancy (AST) at
£400 per calendar month.

Flat 3 (First Floor)
One bedroom
Let on an Assured Shorthold Tenancy (AST) at
£575 per calendar month.

Outside; a side access and rear courtyard provides adequate bin storage and an entrance to the rear of the commercial premises.

62 Bridge Street is not listed but is within the conservation area.

An adjacent two-bedroom cottage with its own garden is also available (by separate negotiation).

Location

The historic market town of Evesham sits on the banks of the river Avon, amidst beautiful Worcestershire countryside.

Bridge Street is a primary shopping area within the town centre and would be further enhanced under current proposals to redevelop the Riverside Shopping Centre, subject to necessary approvals. Please enquire for further information.

Approximately 14-miles from Stratford Upon Avon and 17-miles from Cheltenham, Evesham is also well connected for the M40/M42 & M5 motorways.

Evesham Railway Station offers regular direct trains to London Paddington and is only 0.6-miles from 62 Bridge Street.

Important Notes

Planning enquires concerning the property and surrounding area can be made with Wychavon District Council at www.wychavon.gov.uk

Environmental enquires concerning the property and surrounding area can be made with Environment Agency at www.environment-agency.gov.uk

Broadband inquiries at the property concerning its availability and estimated strength and download speeds can be made with bt.com



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