FREEHOLD INVESTMENT – TWO SHOPS AND ONE LARGE FLAT, PERSHORE
LOCATION
Pershore is situated on the river Avon, approximately 10 miles from Worcester and 6 miles from Evesham. It is a picturesque Market Town famed for its Georgian Architecture.
The Town Centre includes a mix of both large and independent retailers, cafes and coffee shops.
Pershore can be reached direct by rail from London Paddington or via Worcester from Birmingham and the North.
40 Bridge Street is located virtually opposite the Star Inn and a few minutes’ walk away from the main High Street.
LOCATION
Pershore is situated on the river Avon, approximately 10 miles from Worcester and 6 miles from Evesham. It is a picturesque Market Town famed for its Georgian Architecture.
The Town Centre includes a mix of both large and independent retailers, cafes and coffee shops.
Pershore can be reached direct by rail from London Paddington or via Worcester from Birmingham and the North.
40 Bridge Street is located virtually opposite the Star Inn and a few minutes’ walk away from the main High Street.
DESCRIPTION
The investment comprises two small retail units together with a large self-contained flat.
Shop 1 – Former LT Nails
Ground Floor Area 236 sq ft / 22 sq m
Shop 2 – Ian Pugh Olde Books
Let to Mr Ian Pugh and operated as a Book Shop.
Lease 7 years from 12th December 1987. The tenant has been holding over since expiry of the lease in 1994.
Rent – £5472 per annum.
Ground Floor Area 320 sq ft/30 sq m
Basement Area 285 sq ft / 26 sq m
Flat 1 – The Mews.
The flat has been occupied by the current tenants from 10th July 2015.
Rent – £8,340 per annum.
The flat comprises a Total Net Floor Area (including the bathroom) of 945 sq ft/ 88 sq m
Ground Floor -Entrance and Utility Room
First Floor – 2 Bedrooms, Bathroom, Kitchen & Living Room.
Second Floor – 2 Bedrooms
PLEASE NOTE – The properties are Grade 2 listed and located within a Conservation Area. For further information please click on the links – https://rb.gy/f11ru & https://rb.gy/9yk54
TENURE & PRICE
Freehold
Offers based on £235,000 are invited.
RATING ASSESSMENT
We are advised that the rating assessment for the properties are as follows:
Shop 1 -Rateable Value: £3,250
Shop 2 – Rateable Value: £4,800
Mews Flat – COUNCIL TAX BAND – B
Please contact the Local Authority for further information.
ENERGY PERFORMANCE CERTIFICATES
Shop 1 – 84 (Band D)
Shop 2 – 93 (Band D)
The Mews – 63 (Band D)
A copy of the certificates are available upon request.
LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in this transaction.
VAT
We understand that VAT is not payable on the purchase price, however, interested parties are advised to make their own enquiries.
VIEWING
By arrangement with AMT Commercial on 01527 821 111