Summary - 19, HIGH STREET WR11 4DQ
1 bed 1 bath Commercial Property
Large freehold building with 20 parking spaces and redevelopment potential.
Prominent High Street frontage with Victorian architectural detailing
A rare freehold investment on Evesham’s High Street, this substantial Victorian three-storey building offers 8,546 sq ft of commercial accommodation plus a basement and a 20-space rear car park. The property is currently let in its entirety to Lloyds Bank Plc on a new full repairing & insuring lease from March 2024 for five years, producing £57,800 pa; there is a tenant break option at the fourth anniversary. High ceilings, ornate period façade and eight split air‑conditioning units give immediate usability for office or retail banking operations and make conversion to alternative Class E uses straightforward (subject to planning).
The site also has future development potential (STP). The large plot, prominent High Street address and separate rear access via Brick‑Kiln Street make this suitable for refurbishment, mixed‑use redevelopment or continued single‑let occupation. Major regional road links (A46 / A435) place the town within reasonable reach of Cheltenham, Worcester and Stratford‑upon‑Avon.
Buyers should note material considerations plainly. The area is classified as very deprived with very high local crime levels and a transitional demographic mix; these factors may affect rental tone and redevelopment prospects. The lease includes a break clause at year four, exposing short‑term income risk. Energy Performance Certificate is to be confirmed and business rates show a rateable value of £45,500; all services are understood to be connected but purchasers must verify utilities and compliance.
This is a specialist opportunity for an investment buyer or developer who values long frontage, significant internal volume and parking in a market town centre. It suits those prepared to manage town‑centre operational risks and to progress planning discussions for alternative uses or refurbishment to increase rental value and capital upside.
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