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Reference: COM230031

High Street, Broadway, Worcestershire, WR12 7DP

£500,000
Prominent High Street location in a busy tourist village Grade II Listed Currently let to a well-known local distillery at a passing rent of £25,000 per annum Floor area 63.0 m2 / 678 ft2
  • Property Type
  • Bathrooms
    0 bathrooms
  • Bedrooms
    0 bedrooms
  • Reception Rooms
    0 reception rooms
Key Features
  • Freehold retail investment
  • Attractive retail property
  • Possible possession (1st April 2024)
  • Situated in the heart of the village
  • Double-fronted window display
  • Prime high street position
  • Bustling tourist village
  • Shops, cafes, restaurants, pubs and bank
  • Train to London and Oxford from Honeybourne (6 miles) or Moreton-in-Marsh (8 miles)
  • Use class E (Business) Use
Property Description

Very attractive semi-detached, two-storey retail property
Situated in the heart of the high street in the bustling tourist village of Broadway
Located opposite the famous Lygon Arms Hotel

ACCOMMODATION
Attractive double-fronted shop
Ground floor retail area of 34.40 m2 / 370 ft2, with cupboard
Additional first floor of 28.60 m2 / 308 ft2
First floor staff kitchen and wc

TENANCY
The property is currently let to the Cotswold Distillery Company Limited for a term of 5 years from 1st April 2019 on a full repairing and insuring basis and at a rent of £25,000 per annum
The lease is excluded from Section 24 to 28 of the Landlord & Tenant Act 1954, meaning the tenant does not have security of tenure after expiry

RATEABLE VALUE
The current Rateable Value is – £12,000
Business rates payable for the current year (2023/24 at 49.9p in the £) are £5,988

PLANNING
Class E (Business) Use

EPC
An up-to-date EPC report has been commissioned

SERVICES
Mains water, electricity and drainage are connected
Electric storage heating

TENURE & POSSESSION
The property is available freehold, subject to the existing tenancy expiring 31st March 2024

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High Street, Broadway, Worcestershire, WR12 7DP
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Get in touch

Hayman-Joyce
High Street
Moreton-in-Marsh
Gloucestershire
GL56 0AX

Sales: 01608 651188
Lettings: 01608 653606

moreton@haymanjoyce.co.uk
lettings@haymanjoyce.co.uk

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