Upton-Upon-Severn Mixed Use Investment Property
- 6 Old Street, Upton-Upon-Severn WR8 0HA
- Currently producing £25,300 per annum
- Guide Price £255,000 for the freehold
The property is located in the centre of Upton-upon-Severn with frontage along Old Street, one of the main retail parades within the Town. Upton-upon-Severn is located 5 miles south-east of Malvern and 10 miles south of Worcester.
The property is a three storey Georgian mixed use premises with ground floor commercial use with a cellar and residential accommodation on the first and second floor. Currently producing £25,000 per annum.
The ground floor retail accommodation is occupied and let to an established opticians trading as Upton Eyecare Ltd on a 10 year lease with the annual rental income being £18,000 per annum. The first floor flat is held on a long leasehold arrangement which produces an annual income of £100 per annum for the ground rent. The second floor flat is let on an assured shorthold tenancy agreement at a rent of £575 per calendar month. (£6,900 per annum).
For sale at Auction on Thursday 5th July 2018
Auction venue – The Holt Suite, Aston Villa Football Club, Aston, Birmingham B6 6HA
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