Property photos
Freehold
£350,000
(£62.56/sq. ft)
Retail premises for sale
Bridge Street, Evesham WR115,595 sq. ft
Local area information
Property location
Nearby amenities
- Swan Lane First School 0.2 miles
- St Mary's Catholic Primary School 0.3 miles
- Evesham 0.4 miles
- Honeybourne 4.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Evesham to find out more about the local area.
Features and description
- Freehold
- Investment and Development Opportunity (Subject to Planning)
- Current Passing Rent: £22,200 pa
- Total Approx Area: 519.88m2 (5,595 ft2)
- Town Centre Location
High Street investment opportunity with development potential (STP).
Location
Bridge Street in Evesham is a prime commercial location, offering a vibrant mix of retail, hospitality, and service-based businesses. As a key thoroughfare in the town centre, it benefits from high footfall and strong visibility, making it ideal for a range of commercial uses. The street is well-connected, with convenient access to public transport, nearby parking facilities, and local amenities, attracting both locals and visitors. Its proximity to Evesham’s historic attractions and the River Avon further enhances its appeal, creating a dynamic trading environment for businesses looking to establish or expand in the area.
Description
The demise comprises 3 storeys and a basement occupied in part by wh Smiths & vacant on the upper floors. The building is not listed and presents a development opportunity on the upper floors (Subject to planning). The accommodation is arranged as follows:
Basement: 95.8m2 (1032 ft2)
Ground Floor: 117.36m2 (1263 ft2)
First Floor: 115.99m2 (1248 ft2)
Second Floor: 117.72m2 (1267.13 ft2)
Third Floor: 73.01m2 (785 ft2)
Total Approx Area: 519.88m2 (5,595 ft2)
Investment Summary
The basement, ground floor and part of the first floor are leased to wh Smiths Retail Holdings Limited. The lease was renewed for an annual passing rent of £22,200 per annum for a term of 5 years and was granted within the provisions of the Landlord and Tenant Act 1954. The lease is dated from and including 12 June 2024 and including 11 June 2029 and has the benefit of a tenant only break clause at year 3 following at lease 6 months written notice. The upper floors and part of the 1st floor remains vacant.
Services
It is understood that electric, water and foul water drainage are connected to the property.
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 .
Tenure
The property is Freehold and to be sold subject to the existing tenancy.
Energy Performance Certificate
An active EPC is being commissioned.
The Existing EPC reflected a rating of E and expired 10 March 2024.
Business Rates
Ground Floor & Part 1st Floor At 4, Bridge Street, Evesham, WR11 4RR : Current rateable value (1 April 2023 to present) £28,250
Part 1st Floor 2nd Floor & 3rd Floor At 4, Bridge Street, Evesham, WR11 4RR : Current rateable value (1 April 2023 to present) £1,800
Vat
It is understood that VAT will be applied to the final sale price.
Legal Costs
Each party to bear their own costs.
Viewing
To arrange a viewing please contact the commercial Team on or .
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.
Location
Bridge Street in Evesham is a prime commercial location, offering a vibrant mix of retail, hospitality, and service-based businesses. As a key thoroughfare in the town centre, it benefits from high footfall and strong visibility, making it ideal for a range of commercial uses. The street is well-connected, with convenient access to public transport, nearby parking facilities, and local amenities, attracting both locals and visitors. Its proximity to Evesham’s historic attractions and the River Avon further enhances its appeal, creating a dynamic trading environment for businesses looking to establish or expand in the area.
Description
The demise comprises 3 storeys and a basement occupied in part by wh Smiths & vacant on the upper floors. The building is not listed and presents a development opportunity on the upper floors (Subject to planning). The accommodation is arranged as follows:
Basement: 95.8m2 (1032 ft2)
Ground Floor: 117.36m2 (1263 ft2)
First Floor: 115.99m2 (1248 ft2)
Second Floor: 117.72m2 (1267.13 ft2)
Third Floor: 73.01m2 (785 ft2)
Total Approx Area: 519.88m2 (5,595 ft2)
Investment Summary
The basement, ground floor and part of the first floor are leased to wh Smiths Retail Holdings Limited. The lease was renewed for an annual passing rent of £22,200 per annum for a term of 5 years and was granted within the provisions of the Landlord and Tenant Act 1954. The lease is dated from and including 12 June 2024 and including 11 June 2029 and has the benefit of a tenant only break clause at year 3 following at lease 6 months written notice. The upper floors and part of the 1st floor remains vacant.
Services
It is understood that electric, water and foul water drainage are connected to the property.
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 .
Tenure
The property is Freehold and to be sold subject to the existing tenancy.
Energy Performance Certificate
An active EPC is being commissioned.
The Existing EPC reflected a rating of E and expired 10 March 2024.
Business Rates
Ground Floor & Part 1st Floor At 4, Bridge Street, Evesham, WR11 4RR : Current rateable value (1 April 2023 to present) £28,250
Part 1st Floor 2nd Floor & 3rd Floor At 4, Bridge Street, Evesham, WR11 4RR : Current rateable value (1 April 2023 to present) £1,800
Vat
It is understood that VAT will be applied to the final sale price.
Legal Costs
Each party to bear their own costs.
Viewing
To arrange a viewing please contact the commercial Team on or .
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.
Floor plans and tours
Floor plans (1)
More information
Listed by
Sheldon Bosley Knight
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Sheldon Bosley Knight. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Sheldon Bosley Knight for full details and further information.