1-3, Old Street, Upton upon Severn, WR8 0HN

1161 sq ft Retail
£210,000 Freehold £210,000 Guide Price
SSTC
£210,000 Freehold £210,000 Guide Price
[MAP]

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Contact the Ledbury Office on 01531 634648 Option 3.

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  • 1161 Square Feet

 

  • MIXED USE INVESTMENT PROPERTY FOR SALE
  • TOWN CENTRE LOCATION
  • COMMERCIAL PREMISES AND TWO FLATS
  • RENTAL INCOME: £14,600 PER ANNUM
  • GUIDE PRICE: £210,000

Description

MIXED USE INVESTMENT PROPERTY FOR SALE TOWN CENTRE LOCATION COMMERCIAL PREMISES AND TWO FLATS RENTAL INCOME: £14,600 PER ANNUM GUIDE PRICE: £210,000

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 located in the centre of Upton-upon-Severn, and is situated in the Conservation Area. The Property briefly comprises Ground Floor Sales Shop, outside courtyard, and two flats to the upper floors, which are accessed by a side entrance.

SHOP - 341 sq ft (31.68 sq m)

comprising sales area, office, kitchen, and WC. EPC Rating - D (89)

FLAT 1 - 410 sq ft (38.09 sq m)

comprising living room, kitchen, bathroom and two bedrooms EPC Rating - C (77)

FLAT 2 - 410 sq ft (38.09 sq m)

comprising living room, kitchen, bathroom and two bedrooms EPC Rating - D (68)

Services

We have been advised that mains electricity, water and are connected to the property. 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.

Agents Notes

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.

Tenure

TENURE- We are advised (subject to legal verification) that the property is freehold, subject to the ongoing tenancies. GUIDE PRICE- £210,000 TENANCY INFORMATION- The commercial premises is let on a lease date 25 February 2012 for a term of three years from 1st March 2012 at a rent of £5,000 per annum. The tenant is currently holding over on these terms. The two flats are let on Assured Shorthold Tenancies at £400 PCM per flat. Further details available upon request.

Council Tax

FLAT 1 HAS A COUNCIL TAX BAND "A" FLAT 2 HAS A COUNCIL TAX BAND "A" This information may have been obtained by an online search only and applicants are advised to consider obtaining written confirmation.

Energy Performance Certificate

The EPC rating for Flat 1 is C (77). The EPC rating for Flat 2 is D (68). The EPC rating for the Shop is D (89).

Viewing

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:

  1. 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.
  2. 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.
  3. 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.

Directions

From the Agent's Upton Office turn left into the High Street, and cross the road into Old Street, the Property can be found a short distance on the left hand side.

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Ledbury

3-7 New Street,
Ledbury, Herefordshire
HR8 2DX
01531 634648

Malvern

13 Worcester Road,
Malvern, Worcestershire
WR14 4QY
01684 892809

Colwall

Walwyn Road, Colwall,
Malvern, Worcestershire
WR13 6QG
01684 540300

Upton upon Severn

9 High Street,
Upton upon Severn, Worcestershire
WR8 0HJ
01684 593125

London

121 Park Lane, Mayfair,
London,
W1K 7AG
020 7079 1499