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Merstow Green, Evesham

Merstow Green, Evesham

Merstow Green, Evesham, Worcestershire, WR11 4BD
£350,000 Offers Over

Key Points

Property Features

  • Freehold investment
  • Generating Annual income of £25,000.00
  • AAA TENANT STRENGTH
  • Type: Retail Property - High Street
  • Availability: For Sale

Description

Property Summary

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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