Commercial property for sale in 19, High Street, Evesham WR11

A High Street investment opportunity with potential future development (STP) in the Vale of Evesham.

Location

Evesham is a picturesque town nestled in the heart of Worcestershire, boasting a rich tapestry of history, culture, and natural beauty. With its charming streets lined with historic buildings, vibrant market squares and stunning riverside walks. Located approximately 17 miles from Cheltenham, 16 miles from Worcester and 15 miles from Stratford-upon-Avon. The A46 and A435 connect Evesham to the M5 via Junction 9 and M42 via Junction 3.

Description

19 High Street, Evesham comprises a three-storey building and basement predominantly of brick and block construction. The ground floor contains the main banking hall and cashier areas. The first and second floors house interview rooms, staff rest area, conference room, office and storage facilities. To the rear, the car park benefits from 20 parking spaces accessed via Brick-Kiln Street.

The property provides the following accommodation:

Basement: 118.63m2 (1,277 ft2)
Ground floor: 345.97m2 (3,724 ft2)
First floor: 176.51m2 (1,900 ft2)
Second floor: 126.06m2 (1,357 ft2)
Total: 793.94m2 (8,546 ft2)

Investment

The property is currently leased in it’s entirety to Lloyds Bank Plc with the previous passing rent of £74,000 per annum on Full Repairing & Insuring terms to March 2024.
A current new lease is being negotiated for a 3 to 5 year term at between £50,000 and £67,250 per annum.

Services

We understand mains electric, gas, water and drainage are connected. All interested parties are advised to make their own enquiries to confirm continuity of supply. Eight split air conditioning systems have been installed throughout from One Dual Module vrv system.

Business Rates

Rateable Value: £45,500

Energy Performance Certificate

To be confirmed.

Planning

Presently Class E as defined by the Town & Country Planning Act (Use Classes Order).

For all planning enquiries, please contact Wychavon District Council on or call .

Tenure

Freehold Purchase.

Vat

VAT is not charged on the property.

Legal Costs

Each party is to meet their own costs.

Viewing

To arrange a viewing please contact the commercial Team: Or alternatively email .

Important Notes

We are required by hmrc to conduct anti-money laundering checks on all parties with an interest in the property and accordingly we will require forms of identification in due course. Particulars: These Particulars do not constitute an offer or contract and should not be relied upon as being factually accurate, the photographs show only part of the property and the areas, measurements and distances given are approximately only. A buyer or a lessee must make their own enquiries or inspections and should not solely rely on these Particulars or other statements by Sheldon Bosley Knight. VAT: The VAT position relating to the property may change without notice.