Interested in this property?
Contact the Ledbury Office on 01531 634648 Option 3.
- 1724 Square Feet
- OPPORTUNITY TO PURCHASE TOWN CENTRE FREEHOLD PROPERTY
- RENTAL INCOME: £16,500 PER ANNUM
- EPC RATING: D (99)
- VIEWING HIGHLY RECOMMENDED
- GUIDE PRICE: £235,000
OPPORTUNITY TO PURCHASE TOWN CENTRE FREEHOLD PROPERTY RENTAL INCOME: £16,500 PER ANNUM EPC RATING: D (99) VIEWING HIGHLY RECOMMENDED GUIDE PRICE: £235,000
Location & Description
Upton-upon-Severn is an historic riverside town serving a wide rural catchment area with a thriving tourist industry, due to hosting many well known festivals throughout the year. The town is approximately 8 miles from Malvern, 10 miles from Worcester and 6 miles from Tewkesbury. Access to Junction 1 of the M50 is approximately 3 miles distant which links to the M5 motorway. There are mainline railway stations located at both Worcester and Malvern.
The Property is grade II listed and enjoys a prominent position in New Street Upton-upon-Severn, and comprises commercial and residential premises. The commercial premises are let on a 10 year lease, dated 28th November 2016, and benefits from double frontage onto New Street, and is current run as a café. The Apartment is let on an assured shorthold tenancy, and has been recently refurbished.
GROUND FLOOR AND BASEMENT - 913 sq ft (84.82 sq m)
let on a lease dated: 28th November 2016, for a 10 year term, with a rent review and break clause at the fifth anniversary (28th November 2021). Rental Income: £8,400 Per Annum. Comprises: Basement; Café; WCs; Kitchen.
APARTMENT - 811 sq ft (75.34 sq m)
benefiting from private entrance, and comprises: Lobby; Landing; Kitchen (3.74m x 4.38m); bathroom; Bedroom 1 - 4.51m x 2.90m; sitting room; and two further bedroom. Bedroom 2 - 2.08m x 3.94m, Bedroom 3 - 2.15 x 2.98m.
We have been advised that mains electricity, gas, water and drainage are connected to the property. The gas supply is only provided to the commercial part of the property, and the water supply to the apartment is provided by a sub meter from the commercial supply. This information has not been checked with the respective service providers and interested parties may wish to make their own enquiries with the relevant local authority. No statement relating to services or appliances should be taken to infer that such items are in satisfactory working order and intending occupiers are advised to satisfy themselves where necessary.
PLANNING- Interested parties should consult with the planning department at Herefordshire Council to confirm the acceptability of their proposed use.
Intending purchasers will be required to produce identification documentation and proof of funding in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. More information can be made available upon request. John Goodwin FRICS has made every effort to ensure that measurements and particulars are accurate however prospective purchases/tenants must satisfy themselves by inspection or otherwise as to the accuracy of the information provided. No information with regard to planning use, structural integrity, tenure, availability/operation, business rates, services or appliances has been formerly verified and therefore prospective purchasers/tenants are requested to seek validation of all such matters prior to submitting a formal or informal intention to purchase/lease the property or enter into any contract.
We are advised (subject to legal verification) that the property is freehold. GUIDE PRICE - £235,000
COUNCIL TAX BAND "B" This information may have been obtained by telephone call only and applicants are advised to consider obtaining written confirmation.
Energy Performance Certificate
The EPC rating for this property is D (99).
By appointment to be made through the Commercial Department at the Agent's Ledbury Office, Tel 01531 634648 Option 3
MISREPRESENTATION ACT, 1967 - JOHN GOODWIN - Conditions under which Particulars are issued:
John Goodwin for himself and for the Vendors or lessors of this property whose agent he gives notice that:
- The particulars are set out as a general outline only for the guidance of intending purchasers or leasees and do not constitute, nor constitute part of, an offer or contract.
- All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
- No person in the employment of John Goodwin has any authority to make or give any representation or warranty whatever in relation to this property.
From the Agent's Upton Office, turn left and proceed a short distance and turn right into New Street, and the Property can be found on the left hand side indicated by our FOR SALE sign.
Upton upon Severn
Upton upon Severn, Worcestershire