Priest Lane, Pershore

£300,000

Guide price

  • Bedrooms: 2
A freehold mixed use investment property for sale situated on the higher end of Pershore High Street meeting Priest Lane. The property comprises a ground floor commercial premises extending to 150m (1615ft ) with planning permission to change the use of the shop unit storage areas to form a two bedroom dwelling (Wychavon Planning Reference: 19/00980/FUL)

The commercial unit is currently being used as a dry cleaners with tenants in-situ and accessed by a recessed open fronted porch on the High Street with rear access on Priest Lane. On the first floor is a two bedroom flat on Priest Lane comprising reception room, kitchen, bathroom and en-suite shower room to the master. The building is a traditional brick constructed building and part timber framed under a pitch tiled roof. It is part double glazed with UPVC windows, part single glazed with wooden window frames.

DIMENSIONS (Approx.)

134 High Street (retail unit) : 150m (1615ft )

34 Priest Lane (residential flat) : 86m (926ft )

Total Area : 236m (2541ft )

LOCATION

The property is situated on the corner between the High Street and Priest Lane, and within easy reach of the Town Centre facilities and Abbey Park.

Pershore is a medium sized attractive traditional town with an active shopping centre with a wide variety of shops, banks, building societies and centrally located supermarket. The town also benefits from a post office, library, health centre, public houses, restaurants, schooling for all ages and sports centre facilities. Pershore is 6 miles from Evesham, 9 miles from Worcester, 6 miles from Junction 7 (M5 giving access to the central road networks).

The property is situated in very close proximity to two pay and display car parks. One situated next to the hospital and the offices of Wychavon District Council.

SERVICES

It is understood that electric, water and foul water drainage are connected to the property. The commercial premises and flat both has mains gas fitted. All interested parties are advised to make their own enquiries with the suppliers to ensure continuity of supply.

TERMS

The property available is Freehold, subject to the existing Leasehold interests.

The current rent roll on the tenants is as follows:

134 High Street (retail unit) : £8,000 per annum (on a ten year lease, terminating 22/03/2022)

34 Priest Lane (residential flat) : £595 per calendar month (£7,140 per annum)

Total Annual Rent: £15,140 per annum

ENERGY PERFOMANCE CERTIFICATE

134 High Street (retail unit) : Awaiting EPC Rating

34 Priest Lane (residential flat) : EPC Rating C (70)

CAR PARKING

There is no parking situated at the property.

LEGAL COSTS

Each party to be responsible for their own legal costs associated with this transaction.

VIEWINGS

Strictly by prior appointment with the agent's office, please contact Timothy Lea & Griffiths on 01386 444900.

PLANNING

The commercial premises currently has planning permission to change the use of the shop unit storage areas to form a one bedroom dwelling. Please refer to Wychavon District Council Planning with the Reference: 19/00980/FUL. More information can be found online at https://plan.wychavon.gov.uk/.

Marketed by Arrange viewing 01386 244170

Timothy Lea & Griffiths - Evesham Sales

1-3 Merstow Green, Evesham, Worcestershire

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