Vine Street, Evesham

Property Details: - Type: Townhouse - Bedrooms: 0 - Bathrooms: 0

Agent: The Gallery Properties - Evesham Phone: 01386 324945

<strong></strong> <strong></strong> Tenure: Freehold<br /><br />*OFFERS CONSIDERED*<br /><br />A truly superb example of an investment opportunity with potential development. <br /><br />We are delighted to offer 3 Vine Street, Evesham, an attractive period property of brick construction. This property is a substantial period red brick, 3 stories, sash windows with key blocks, plain eaves, and channeled lintels with a mix of pitched roofs. <br />A ground-floor commercial property has independent access, and all residential properties are accessed via a communal entrance off Vine Street through a passageway or via good size communal courtyard off Bewdley Street.<br />The building consists of 1 commercial space, 3 flats, and end-terrace cottage residential flats. The property comes with full vehicular access off Bewdley Street. <br /><br />The Property has been owned and managed by the same family for over 20 years. <br /><br />The Residential properties are currently fully let on ASTs. Commercial property is occupied by a well-established national chain estate agent. <br /><br />This Privately owned freehold has an excellent income for future business or development opportunities. Great investment, please contact us to arrange viewings.<br /><br />LOCATION<br />The property is located in a very attractive location on Vine Street in Evesham, providing excellent access to the local amenities including shops, banks, buses, and railway station. Evesham is a small market town located on the bank of the River Avon. There are good road connections in place using the Evesham bypass A46, giving quick access to some of the major motorways including M5 and M40. Some larger towns such as Stratford-upon Avon, Worcester, and Cheltenham are some 15 miles away from the town. There are trains every 45–55 minutes to London Paddington that take approximately 1 hour 45 minutes and trains to Birmingham take around 90 minutes (changing at Worcester).<br />The nearest major airport is Birmingham International about 40 minutes away by trunk roads and the M42 motorway<br /><br />ACCOMMODATION<br />3 Vine Street <br />Shop – 3-year lease from 2019 - £791.67 PCM<br />Flat 1 - £600 PCM<br />Flat 2 - £450 PCM<br />Flat 3 - £550 PCM<br />The Cottage - £515 <br />VAT<br />This property is not registered for VAT therefore VAT will not be payable on the purchase price.