Central Evesham freehold with income and conversion potential.
Grade II listed timber‑framed building with strong Tudor character
A rare freehold opportunity in the heart of Evesham’s town centre, this Grade II listed, timber‑framed property delivers immediate income and clear redevelopment upside. The ground floor is let to a popular craft-beer bar producing £13,000 pa, while the vacant upper floors provide exposed‑beam office space with scope to convert to residential (subject to planning) for higher yields.
The building retains strong period character—half‑timbering, sash windows and exposed beams—appealing to tenants and buyers seeking historic charm. Practical considerations include secondary glazing, electric room heaters and assumed uninsulated timber walls, so expect modernisation and energy‑efficiency work. The previous EPC was C69 (expired) and a current EPC is being commissioned.
Listed status and the building’s age mean alterations will be constrained; conversion to homes requires listed‑building consent and planning permission. There is a medium flood risk, above‑average local crime rates and evidence of area deprivation—factors to weigh against central location, excellent mobile signal and fast broadband. The courtyard and small garden add private outdoor space in a prime riverside setting.
For investors the property offers immediate rent with an estimated rental value of £18,000 and potential uplift from residential conversion (upper floors could achieve circa £750–£850 pcm each, subject to consents). Buyers should budget for refurbishment, listed‑building works, and upgrading heating and insulation to improve long‑term value.
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