34 Port Street, Evesham, WR11 1AW

LOCATION
Evesham is a rapidly expanding market town on the River Avon with a population of 24,000. Taking the surrounding towns and village populations into account the town centre has a catchment of over 100,000. Excellent local amenities including a local Hospital, Primary, Middle & High Schools, a Sports Centre and two Gold Courses. The town also has the benefit of an active tourist industry, particularly during the Summer months, and the River Avon forms a focal point for visitors entering the town.

Evesham is served by excellent road communications - Junction 9 of the M5 Motorway is approximately 10 miles (Tewkesbury) & Junction 6 at Worcester (15 Miles). Birmingham is approx. 30 miles to the North and London is approx. 100 miles to the South. The town also has a main line rail connection located at the northern end of Evesham High Street.

DESCRIPTION
34 Port Street is a substantial brick constructed building with a pitched tile roof. The front of the buildings is much older than the rear and it has been extensively improved over the years.

Retail Shop:
L-shaped double fronted shop with bow windows looking onto Port Street. Semi-glazed pedestrian door to the
Retail Area - 48m² (516ft²)
Kitchenette - 5.3m² (56ft²)
W.C. - 2.1m² (23ft²)
C/B - 1.65m² (17ft²)
The retail shop is fully carpeted and heated by electric heaters. Lighting is via a combination of fluorescent light tubes and spotlights.

There is a multiple occupancy residence on the first & second floors accessed via a ground floor lobby at the rear of the property. There are 5 bedrooms in total and 4 shared W/C and bathroom facilities as well as a shared kitchen & living space.
Bedroom 1 - 8.87m² (95.4ft²)
Bedroom 2 - 9.6m² (104ft²)
Bedroom 3 - 10.75m² (115.8ft²)
Bedroom 4 - 19.4m² (209ft²)
Bedroom 5 - 17.9m² (193ft²)
Communal areas (including W/Cs) totals 51m² (550ft²)

There is a separate rear cottage which is a 1-bed maisonette. This building is of brick construction under a pitch tiled roof.
Reception room - 13.6m² (146ft²)
Kitchen - (incl. Shower Room/W.C.) - 15.4m² (164ft²)
Bedroom - 16.2m² (174ft²)

A large workshop building of wooden construction with an insulated roof is adjacent to the cottage. There is a possibility that this could be converted into residential subject to gaining the relevant planning permission.

ACCOMMODATION
Retail shop
Approx. 57.6m² (620ft²)

HMO
Approx. 118m² (1,266ft²)

Cottage
Approx. 45.2m² (486ft²)

Workshop
Approx. 36m² (388ft²)

SERVICES
It is understood that mains electricity, water, gas & drainage is connected to the property.

TERMS
The property is available freehold.

Rental income:
Retail (tenant - Full on Ink)
£9,600 pa
Holding over on current lease

HMO
£23,920 pa

Cottage
£5,460 pa

OUTGOINGS
Rateable value as listed by the 2010 VOA listing for the retail shop:
£5,500

HMO is Council Tax band C (£1,379) & The Cottage is Council Tax band A (£1,034).

VAT
The property is not elected for VAT.

LEGAL COSTS
Each party to bear the responsibility of their individual legal costs incurred in the drafting of the sale contract.

PLANNING
We understand that the property has the benefit of A1, C3 & C4 Use under the 1987 Use Classes Order. Interested parties however, should make their own inquiries of the local planning authority, Wychavon District Council (Area South Planning Dept.) Civic Centre, Queen Elizabeth Drive, Pershore, Worcestershire, WR10 1PT telephone 01386 565000.

VIEWING
Strictly by prior arrangement through the agents office. Please contact Richard Connolly at Timothy Lea & Griffiths.
Telephone: 01386 765700
E-mail: Richard.Connolly@tlgea.com

£350,000

A1 - Centre, A1 - Out Of Town, A1 - Other, Residential (land), Commercial / Other (land), Refurbishment Opportunities, Residential Conversions, Residential, Commercial

For Sale - Mixed Use Retail & Residential Investment FOR SALE Site size extending to 0.1 acres Offers over £350,000