Retail premises for sale

A fantastic investment opportunity on Merstow Green, Evesham with a strong national business in occupancy. The property is a substantial Town Centre Freehold with parking, offices and retail area.

Location

Evesham is situated on the banks of the River Avon, approximately 16 miles southeast of Worcester, 13 miles southwest of Stratford-upon-Avon, and 30 miles south of Birmingham. The town has a railway station on the Cotswold Line, with services to London Paddington, Worcester, and Hereford. Nearby occupiers to Merstow Green include, Waitrose, Lloyds bank, NatWest, wh Smith, Greggs, Boots & Specsavers.

Accommodation

The property provides the following accommodation:

Ground Floor Retail: 37.78 m2
Ground Floor Office: 55.35 m2
Ground Floor Storage: 1.15 m2
Ground Floor WC: 3.25 m2
Ground Floor Storage: 36.51 m2
First Floor Office: 37.03 m2
First Floor Kitchen: 12.13 m2
First Floor WC: 8.5 m2

Total Area: 191.72 m2

Investment

The building is leased to Funeral Partners Ltd. A funeral service provider, with over 240 funeral homes overseeing 20,000 funerals annually. The lease is a Full Repairing and Insuring lease with a passing rental of £25,000 per annum on 15-year lease from 2021. Next open market rent review and break clauses in 2026 and 2031.

Services

Mains electric, water and drainage are understood to be connected. All interested parties are advised to make their own enquiries.

Business Rates

Rateable Value: £10,250

Qualifying businesses with a rateable value of £12,000 or below currently get 100% relief. This relief will decrease on a sliding scale for rateable values between £12,000 to £15,000. In addition, such businesses will have their bill calculated using the small business rates non-domestic rates multiplier. Enquire at for more details.

Energy Performance Certificate

EPC: Band C 69.

Planning

Presently Class E as defined by the Town & Country Planning Act (Use Classes Order).

For all planning enquiries, please contact Wychavon District Council on or call .

Legal Costs

Legal Costs are to be confirmed.

Viewing

Please contact the commercial Team: Or alternatively email .

Auction

The property is to be sold via Public Auction. Pre Auction sales are invited. Sold on an unconditional basis, purchasers considering alternative uses or even development are deemed to rely upon their own enquiries.

Important Notes

We are required by hmrc to conduct anti-money laundering checks on all parties with an interest in the property and accordingly we will require forms of identification in due course. Particulars: These Particulars do not constitute an offer or contract and should not be relied upon as being factually accurate, the photographs show only part of the property and the areas, measurements and distances given are approximately only. A buyer or a lessee must make their own enquiries or inspections and should not solely rely on these Particulars or other statements by Sheldon Bosley Knight. VAT: The VAT position relating to the property may change without notice.