Interested in this property?
Contact the Ledbury Office on 01531 634648 Option 3.
- 664 Square Feet
- FREEHOLD INVESTMENT PROPERTY FOR SALE
- RENTAL INCOME FROM SHOP PREMISES: £5,750 PA
- SHOP PREMISES EXTENDING TO 664 SQ FT (59.91 SQ M)
- TOWN CENTRE LOCATION
- GUIDE PRICE: £65,000
FREEHOLD INVESTMENT PROPERTY FOR SALE RENTAL INCOME FROM SHOP PREMISES: £5,750 PA SHOP PREMISES EXTENDING TO 664 SQ FT (61.69 SQ M) TOWN CENTRE LOCATION GUIDE PRICE: £65,000
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.
26 Old Street, is a grade II listed building, and comprises shop premises to ground floor and basement, let on a lease dated 19 May 2021, for a term from 12th June 2020 to 24 March 2023 at a rent of £5,750 PAX. The freehold interest includes an apartment to the upper floors, which is separately owned on a long leasehold interest dated 25th March 2014, for a term of 160 years.
26 OLD STREET - 664 sq ft (61.69 sq m)
comprising: salon; WC; store; and basement/kitchenette. With Flat to upper floors on a 160 year lease at a peppercorn rent.
We have been advised that mains electricity, water and drainage 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.
PLANNING Interested parties are advised to enquire of the local authority in order to establish that their required use of the premises will be permitted. EPC Rating - C (54) - https://find-energy-certificate.digital.communities.gov.uk/energy-certificate/5749-2079-3051-6496-3580
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 purchasers/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- We are advised (subject to legal confirmation) that the property is freehold, subject to the existing leases. GUIDE PRICE - £65,000
Energy Performance Certificate
The EPC rating for this property is C (54)
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.
Please fill out the form below to request the virtual tour for this property
From the Agent's Upton upon Severn Office turn left and head along the High Street, into Old Street, and the property can be found on the right hand side indicated by our for sale board.
Upton upon Severn
Upton upon Severn, Worcestershire