Summary - Bridge Street, Evesham WR11 4RR
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime High Street location in Evesham, staring at a vibrant mix of retail, hospitality, and professional services.
- Large commercial space spanning approximately 5,595 sq ft (519.88 m²) across four levels including a basement and three upper floors.
- Currently generating a passing rent of £22,200 per annum from WH Smiths, with a 5-year lease in place.
- Development potential for the upper floors (subject to planning approval) allows for diverse future use.
**Summary:**
Seize this excellent investment opportunity on Bridge Street in Evesham, where retail potential meets urban vibrancy. This expansive high street property comprises 5,595 sq ft spread across a basement and four levels, currently occupied on the ground floor by WH Smiths with an active lease until June 2029, ensuring immediate rental income. The upper floors are vacant and ripe for development, presenting a tantalizing opportunity for conversion into residential units or additional commercial space (subject to planning).
Located in a bustling area that enjoys high foot traffic and strong visibility, the property is well positioned near local amenities, public transport, and Evesham's historic attractions, which enhance its commercial appeal. However, note that the length of the existing lease may pose challenges for mortgage financing. With potential transformation capabilities and a solid return on investment, this property offers a promising path to capitalize on Evesham’s evolving retail landscape. Don’t miss out on this unique opportunity—properties of this caliber don't stay on the market for long!
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