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Industrial Unit

Industrial Unit For Sale Evesham

PROPERTY ID: 130875

PROPERTY TYPE

Industrial Unit

STATUS

Available

SIZE

2,929 sq.ft

Key Features

Retail and residential investment in Evesham town centre
Three retail units and x four flats
Immediate income of £65,040 per annum
Reflecting a net initial yield of 8.25% (assuming purchase costs of 5.10%)
Grade II Listed building

Property Details

Summary Retail And Residential Investment In Evesham Town Centre. Three Retail Units And X Four Flats. Immediate Income Of £65,040 Per Annum. Reflecting A Net Initial Yield Of 8.25% (assuming Purchase Costs Of 5.10%). Freehold. Evesham Is A Market Town In The Wychavon District Of Worcestershire. It Is Located Roughly Equidistant Between Worcester, Cheltenham And Stratford-upon-avon. Access To The National Motorway Network Is Via Junction 6 Of The M5 Motorway Approximately 14 Miles Distant. Evesham Train Station, Which Sits On The Cotswold Line Between Oxford And Hereford Is Also Only A Short Distance From Both Properties. The Property Occupies A Prominent Position On Evesham High Street, Being The Main Arterial Route Through Evesham Town Centre, Close To Evesham Train Station. Neighbouring Occupiers Include Subway, Coral, Mace And A Number Of Independent Retailers, Cafes And Restaurants. 53-57 Comprises A Significant Three Storey Grade Ii Listed Building Comprising Two Retail Shops To The Ground Floor, With 4 Separately Accessed Apartments (1 X One Bed, 3 X Two Beds) To The Upper Floors. 59 Comprises A Two Storey Grade Ii Listed Building Which Comprises A Retail Unit To The Ground Floor And An Unused First Floor. The Upper Floor Has Never Been Used/redeveloped But There Is Potential For Conversion To Create An Additional One Bedroom Apartment, Subject To Planning. To The Rear Of The Building Is A Large Yard/car Park, For Use By The Occupants, Accessed Off The Brick-kiln Street, Which Has A One-way System In Place. Retail And Residential Investment In Evesham Town Centre Three Retail Units And X Four Flats Immediate Income Of £65,040 Per Annum Reflecting A Net Initial Yield Of 8.25% (assuming Purchase Costs Of 5.10%) Grade Ii Listed Building Mixed Use Investment In Evesham Town Centre

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About the Agent

Fisher German LLP; Worcester

See Agent's Other Properties

Industrial Unit

£750,000 Freehold

53-59 High Street, Evesham, WR11 4DA
Industrial Unit - Available
2,929 sq ft
272 sqm
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