Investment opportunity mixed commercial/residential – 3 Vine Street, Evesham

  • Offers in region of £510,000
3 Vine Street, Evesham, WR11 4RE
For Sale

Investment opportunity mixed commercial/residential – 3 Vine Street, Evesham

3 Vine Street, Evesham, WR11 4RE
  • Offers in region of £510,000

Overview

  • Commercial, Investment opportunity
  • Property Type

Description

Tenure: Freehold

****OFFERS CONSIDERED****

 

A truly superb example of an investment opportunity with potential development.

 

We are delighted to offer 3 Vine Street, Evesham, an attractive period property of brick construction. This property is a substantial period red brick, 3 stories, sash windows with key blocks, plain eaves, and channeled lintels with a mix of pitched roofs.

A ground-floor commercial property has independent access, and all residential properties are accessed via a communal entrance off Vine Street through a passageway or via good size communal courtyard off Bewdley Street.

The building consists of 1 commercial space, 3 flats, and end-terrace cottage residential flats.  The property comes with full vehicular access off Bewdley Street.

The Property has been owned and managed by the same family for over 20 years.

The Residential properties are currently fully let on ASTs. Commercial property is occupied by a well-established national chain estate agent.

 

This Privately owned freehold has an excellent income for future business or development opportunities. Great investment, please contact us to arrange viewings.

 

LOCATION

The property is located in a very attractive location on Vine Street in Evesham, providing excellent access to the local amenities including shops, banks, buses, and railway station. Evesham is a small market town located on the bank of the River Avon. There are good road connections in place using the Evesham bypass A46, giving quick access to some of the major motorways including M5 and M40. Some larger towns such as Stratford-upon Avon, Worcester, and Cheltenham are some 15 miles away from the town. There are trains every 45–55 minutes to London Paddington that take approximately 1 hour 45 minutes and trains to Birmingham take around 90 minutes (changing at Worcester).

The nearest major airport is Birmingham International about 40 minutes away by trunk roads and the M42 motorway

 

ACCOMMODATION
3 Vine Street
Shop – 3-year lease from 2019 – £791.67 PCM
Flat 1 – £600 PCM
Flat 2 – £450 PCM
Flat 3 – £550 PCM
The Cottage – £515

VAT
This property is not registered for VAT therefore VAT will not be payable on the purchase price.

 

  • Address 3 Vine Street, Evesham,
  • City Evesham
  • State/county Worcestershire
  • Zip/Postal Code WR11 4RE
  • Country United Kingdom

Details

Updated on April 7, 2022 at 2:02 pm
  • Price: Offers in region of £510,000
  • Property Type: Commercial, Investment opportunity
  • Property Status: For Sale

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