For sale
Offers over £250,000
Main features
- Freehold
- Use: Retail Property - High Street
- Freehold investment
- Generating Annual income of £25,000.00
- AAA TENANT STRENGTH
Offers over £250,000
Merstow Green, Evesham, Worcestershire, WR11 4BD
A STRONG INVESTMENT OPPORTUNITY – Freehold Highstreet building prominently located in Evesham Town Centre .
The building is leased to Funeral partners Ltd ( Very strong covenant )
A funeral service provider, with over 240 funeral homes overseeing 20,000 funerals annually
They are paying a rent of £25,000 per annum, on 15-year lease from 2021
Next open market rent review and break clauses in 2026 and 2031.
Description Area m²/unit
Ground floor retail zone a 37.78
Ground floor public toilets 3.25
Ground floor internal storage 1.15
Ground floor offices 44.68
Ground floor store 36.51
First floor kitchen 12.13
First floor office 37.03
First floor staff toilets 8.5
Total 191.72 SQM
Please call the auctioneer for full details and to discuss a pre auction purchase.
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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.