34 Port Street, Evesham, Worcestershire, WR11 1AW

Freehold mixed use property in Evesham

Guide price*

£320,000+

Plus fees

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Lot 93 Commercial Investment
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Auction details:

Wednesday 20th October 2021 @ 09:00AM

Livestreamed Auction

A Prominent Town Centre Freehold Mixed Use Investment Opportunity Current Gross Income: £35,880 p.a.

Property Description

The building comprises a mixed use investment that is arranged to provide a self-contained shop over the ground floor, five bedroom HMO (House in Multiple Occupation) over the first and second floors and a self-contained one bedroom Coach House to the rear.

Location

The property is situated within Evesham, to the south-east of Worcestershire. Approximately 14 miles south east of Worcester, 14 miles north east of Cheltenham, 27 miles south of Birmingham and 90 miles north west of London. Evesham benefits from good road communications being on the A44, which provides access to Worcester, Oxford and Junction 6 of the M5 Motorway (in approximately 25 minutes), and on the A46, which provides access to Redditch, Tewkesbury and Junction 9 of the M5 Motorway (in approximately 20 minutes). Evesham also has a mainline station which provides a direct access to the Worcester stations, Oxford and London Paddington.

Energy Performance Rating

D.

Tenure

Freehold – Subject to the existing tenancies.

Auctioneers Note

Please note offers may be considered prior to the Auction Sale.

Remote Bidding Auction

This property is being offered via a remote bidding auction with bidding by proxy, telephone or internet only. You will need to pre-register for remote bidding, provide your identification and debit card details no later than 24 hours prior to the auction, please visit our website for further details.

Viewings

Strictly by appointment with the Auctioneers.

Tenancy

Room Term Rental
UNIT RENT P.A./b] COMMENTS
Ground Floor Tattooist Full on Ink £9,600 Expiry 31/10/2023
HMO Room 1 £3,640
HMO Room 2 £6,500
HMO Room 3 £3,640
HMO Room 4 £6,500
HMO Room 5 Vacant
Coach House £6,000
Total Rent: £35,880 Gross
DISCLAIMER

Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

REMOTE BIDDING AUCTION

Please note that the Auction will be livestreamed via our website with Remote Bidding by Proxy, Telephone or Internet Only.  You must pre-register to bid for each auction no later than 24 hours prior to the auction.  Please click here for further details.

*DEFINITION OF GUIDE & RESERVE PRICE

All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

COSTS AT AUCTION

When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding.  They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £1,680 inc VAT (£1,400.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.  Please note that the administration fee for
the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘lot information’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Remote bidding registration