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Floorplan
MapOffers over
£239,000Mixed use for sale
6 & 14, Bridge Court, 64 Bridge Street, Evesham
Mixed use
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
- Prime Town Centre Location – Situated in the heart of Evesham, just moments from the historic riverside and key local amenities.
- Mixed-Use Investment Opportunity – Ground floor let to a popular craft beer bar (BCM), with upper floors offering office space or residential conversion potential (STPP)
- Current Income with Growth Potential – Let at £13,000 p.a. with an Estimated Rental Value (ERV) of £18,000 and potential for enhanced returns via residential conversion.
- Flexible Layout – Upper floors with exposed beams and scope for residential adaptation; ground floor includes kitchen and WC facilities.
- Offers Over £239,000
- Freehold
Location - Bridge Court, located on Bridge Street in the heart of Evesham, offers a charming and convenient setting just a short walk from the town's historic riverside and local amenities. This development combines modern living with traditional market town character, providing easy access to shops, restaurants, and public transport links.
Description - The demise is a charming Grade II listed building that currently houses BCM (Bromsgrove Crafty Monkey), a popular craft-beer bar nestled within Bridge Court. The building's street frontage dates from the early to mid-19th century, featuring classic sash windows frames and a slate roof. The upper floors benefit exposed beam office accommodation that could be converted to residential (subject to planning) with a ground floor kitchen and toilet.
Investment - The property is partly let, providing a total annual rental income presently of £13,000 and an ERV of £18,000. The ground floor is occupied by Bromsgrove Crafty Monkeys Ltd on a five-year lease from 8th March 2018 at a current rent of £13,000 per annum. The lease benefits from security of tenure under the Landlord and Tenant Act 1954 and is held on internal repairing and insuring terms.
The upper floors are currently vacant however, were let at a rental value of £5,000 per annum. It is estimated that conversion of the upper floor to residential (subject to planning) could achieve somewhere between £750 - £850 pcm.
Tenure - The property is available Freehold subject to the existing tenancy
Vat - The building is VAT not elected.
Business Rates - 6 Bridge Court: £9,700 current rateable value (1 April 2023 to present)
14 Bridge Court: £5,600 current rateable value (1 April 2023 to present)
Qualifying businesses with a rateable value of up to £12,000 currently receive 100% relief. This relief will decrease on a sliding scale for rateable values between £12,000 to £15,000. In addition, such businesses will have their bill calculated using the small business rates non-domestic rates multiplier.
Energy Performance Certificate - EPC Rating: C 69 (Expired 22 May 2021. An active EPC is currently being commissioned)
Legal - Each party will be responsible for their own legal costs associated with the transaction.
Viewing - Viewings are strictly by appointment only. To arrange a viewing, please contact the Commercial Team [use Contact Agent Button] or[use Contact Agent Button]
Important Notes - We are required by HMRC to conduct anti-money laundering checks on all parties with an interest in the property and accordingly we will require forms of identification in due course. Particulars: These Particulars do not constitute an offer or contract and should not be relied upon as being factually accurate, the photographs show only part of the property and the areas, measurements and distances given are approximately only. A buyer or a lessee must make their own enquiries or inspections and should not solely rely on these Particulars or other statements by Sheldon Bosley Knight. VAT: The VAT position relating to the property may change without notice.
Description - The demise is a charming Grade II listed building that currently houses BCM (Bromsgrove Crafty Monkey), a popular craft-beer bar nestled within Bridge Court. The building's street frontage dates from the early to mid-19th century, featuring classic sash windows frames and a slate roof. The upper floors benefit exposed beam office accommodation that could be converted to residential (subject to planning) with a ground floor kitchen and toilet.
Investment - The property is partly let, providing a total annual rental income presently of £13,000 and an ERV of £18,000. The ground floor is occupied by Bromsgrove Crafty Monkeys Ltd on a five-year lease from 8th March 2018 at a current rent of £13,000 per annum. The lease benefits from security of tenure under the Landlord and Tenant Act 1954 and is held on internal repairing and insuring terms.
The upper floors are currently vacant however, were let at a rental value of £5,000 per annum. It is estimated that conversion of the upper floor to residential (subject to planning) could achieve somewhere between £750 - £850 pcm.
Tenure - The property is available Freehold subject to the existing tenancy
Vat - The building is VAT not elected.
Business Rates - 6 Bridge Court: £9,700 current rateable value (1 April 2023 to present)
14 Bridge Court: £5,600 current rateable value (1 April 2023 to present)
Qualifying businesses with a rateable value of up to £12,000 currently receive 100% relief. This relief will decrease on a sliding scale for rateable values between £12,000 to £15,000. In addition, such businesses will have their bill calculated using the small business rates non-domestic rates multiplier.
Energy Performance Certificate - EPC Rating: C 69 (Expired 22 May 2021. An active EPC is currently being commissioned)
Legal - Each party will be responsible for their own legal costs associated with the transaction.
Viewing - Viewings are strictly by appointment only. To arrange a viewing, please contact the Commercial Team [use Contact Agent Button] or[use Contact Agent Button]
Important Notes - We are required by HMRC to conduct anti-money laundering checks on all parties with an interest in the property and accordingly we will require forms of identification in due course. Particulars: These Particulars do not constitute an offer or contract and should not be relied upon as being factually accurate, the photographs show only part of the property and the areas, measurements and distances given are approximately only. A buyer or a lessee must make their own enquiries or inspections and should not solely rely on these Particulars or other statements by Sheldon Bosley Knight. VAT: The VAT position relating to the property may change without notice.
Property information from this agent
About this agent
The Commercial Department at Sheldon Bosley Knight has a team of knowledgeable and experienced staff headed by Mark Treadwell, a qualified Chartered Surveyor with extensive local knowledge so that you know the advice you are getting is the best that you can get. The services offered by our Commercial Department include: Commercial agency-advice on the rental value, the sale value and suitability of properties for your business We use a range of websites to promote your property including OnTheMarket, Novaloca and Focus CoStar Probate valuations and reports helping you at a very difficult time dealing with a deceased estate Regulated valuations for bank security and accounting requirements Transferring ownership of property between interested parties. Guiding you through the process of disposing or purchasing a property Development site appraisals we can help you to find a development site to meet your business needs Landlord and tenant advice making the best of a lease situation even when we did not put the tenant into the property. If you have a problem with a lease then we can help Party wall matters a hotly disputed area of property which can be very difficult when dealing with your neighbours. We can help take the ‘personality’ out of these problems Management of commercial property including management of service charges, rent collection and preparation of management accounts relating to the property dilapidations, renewals and rent reviews Production of residential and commercial EPCs. Specialist services that are beyond what you might expect from a commercial agent and provided by Sheldon Bosley Knight: We have excellent technical expertise in dealing with unique commercial property issues providing sound professional advice for each individual circumstance Management of insurance reinstatement projects when the worst happens to your home or business e.g. fire or flood, we can guide you through the process of reinstating the property.