A POPULAR Evesham store with six residential rooms above and back is on a mixed-use property coming up at the upcoming Bond Wolfe auction.
The fully let freehold building at 34 Port Street in Evesham brings in total annual rents of £ 41,400, which is a healthy return of over 12%, based on the guide price of £ 320,000 .
The property is run by a freelance tattoo artist called Full On Ink, hired at £ 9,600 per year until the end of March 2023.
A shed at the back and five rooms above the store fetch additional annual rents ranging from £ 3,640 to £ 6,500 for residential tenants.
James Mattin, Managing Director of Bond Wolfe, said: “Evesham has a bustling and busy city center, creating a high demand for business units like this, and with a constant flow of people in need of assistance. ‘housing.
“This fully leased three story property would be an ideal investment for an owner looking to expand their portfolio.”
The property sits opposite the Regal Cinema at the junction with Burford Road and is approximately 14 miles south-east of Worcester and 14 miles north-east of Cheltenham, with good access from exit six of the M5 motorway via the A44.
The Evesham property is just one of the scores that will appear at the upcoming Bond Wolfe auction which starts at 9:00 a.m. on Wednesday, October 20. The auction will be broadcast live via the Bond Wolfe website with remote auctions by proxy, phone or internet only.
Bond Wolfe is offering this property for sale in conjunction with joint agents GJS Dillon.
Anyone with properties for auction can arrange for a free appraisal by calling 0121 312 1212 or 01 902 928 510 or visiting www.bondwolfe.com/free-property-appraisal