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Offers in region of
£800,000

Mixed use for sale

Port Mews, Port Street, Evesham
Mixed use
4762
Added yesterday

Key information

TenureFreehold
Council taxAsk agent
BroadbandSuper-fast 80Mbps *

Features and description

  • Gross Yield 12.68%
  • Mixed Asset Investment
  • Four Residential Units forming a 16 bed HMO
  • ERV - £113,000 Per Annum
  • Parking For Multiple Cars
  • Freehold Sale
* Est. GROSS YIELD RETURN ON INVESTMENT - 12.68% * - A substantial freehold HMO investment opportunity, centrally located and offering exceptional flexibility, diverse income and long-term redevelopment potential.

Location - Occupying a central town location, the property is ideally positioned close to a wide range of amenities and enjoys excellent access to local and far-reaching transport links. This positioning supports consistent rental demand across both the residential and commercial elements.

Description - The residential element is arranged to provide 16 HMO rooms, configured across four self-contained residential units, each comprising four lettable rooms with shared kitchen and bathroom facilities. The residential accommodation will be sold with vacant possession, allowing an incoming purchaser to re-let, reconfigure, or repurpose the space to suit their preferred investment strategy.

The property is fully licensed where applicable, with compliant fire alarm systems and fire regulations in place, ensuring a smooth transition for continued HMO operation or alternative use. Of the 16 rooms, four have been recently renovated, with a further eight recently redecorated, providing a strong balance between immediate lettability and further value-add potential through continued improvement.

In addition to the residential accommodation, the property benefits from a separate commercial unit, currently let to a long-standing beauty parlour tenant. The commercial lease has just under three years remaining, offering a secure and established income stream with the tenant remaining in situ.

Investment Summary - 20 Port Street is let as a beautician & hair salon on an internal repairing and insuring lease that includes the shop frontage for annual passing rent of £7,200 with 3 years unexpired remaining. The lease is available upon request.

The 16 bedrooms were generating an income of £90,900 per annum. The rooms will be sold with vacant possession and newly renovated with a estimated rental value expected to achieve a figure in the region of £113,000. The HMO is fully compliant with planning approved under application number: W/25/02001/FUL

Services - It is understood that electric, water and foul water drainage are connected to the property. All interested parties are advised to make their own enquiries with the suppliers to ensure continuity of supply.

Energy Performance Certficate - EPC Rating: C

All certificates are available on request

Business Rates - Future rateable value (from 1 April 2026) - £9,300

Vat - The property is elected for VAT and therefore will be charged as additional to the agreed sales price.

Viewing - To discuss the property or to arrange a viewing please contact the Commercial Team on[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.

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About this agent

Sheldon Bosley Knight - Commercial
Sheldon Bosley Knight - Commercial
1-3 Merstowe Green Evesham WR10 4BD
01386 324819
Full profileProperty listings
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.
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