7-8 Waterside is part of a parade of shops fronting onto Waterside and overlooking the River Avon. Constructed in the early 19th Centaury, the property is 2 1/2 storeys under a pitched tiled roof. It is of brick construction with rendered fronting.
The ground floor has a modern retail fronting and is occupied by the Blue Lagoon, a well-established successful business.
The two flats are accessed by a separate stairway through a shared lobby area, 7b being on the first floor and 7a being on the second floor. Both flats are self contained and both presently let.
Location
Evesham is a rural market town with a population of approximately 24,000 people and is in the local authority district of Wychavon. It is roughly equidistant between Worcester, Cheltenham and Stratford-upon-Avon and there are good road communications to the A46, M42, M6 & M5.
Accommodation
Grade II Listed building with established restaurant on the ground floor and two residential flats above.
Terms
TENANCY DETAILS
Ground Floor Restaurant
Passing Rent £XXX Term 21 years Commencement 29/10/2004, Upwards only rent reviews every 5th anniversary (it is understood that no rent review has yet been activated), Full repairing and insuring lease to a good and substantial repair standard.
Flat 7a
Understood to be under a residential assured shorthold tenancy agreement, Passing rent £XXX per calendar month
Flat 7b
Understood to be under a residential assured shorthold tenancy agreement, Passing rent £XXX per calendar month
Total passing rent £XXX per annum
TENURE - Freehold for sale.
VAT - It is understood that VAT is not applicable to the sale price.
ENERGY PERFORMANCE CERTIFICATE (EPC) - The property is Grade II Listed and as such an EPC is not required.
Specification
- Mixed Use Investment FOR SALE.
- Grade II Listed building with established restaurant on the ground floor and two residential flats above.
- Fully Tenanted.