A large business opportunity is available right in the centre of Evesham.

A commercial site, eight to ten on Port Street, is going up for auction next week with Bond Wolfe Auctions.

On Wednesday, October 20, investors will have the chance to bid for the property which is described by the auctioneers as a “rare opportunity”.

Ian Tudor, joint managing direct auctions at Bond Wolfe, said: “This is a highly attractive property, occupying a prominent frontage onto the lower end of Port Street, within a conservation area of this historic town.

“It is also walking distance from Evesham’s main shopping centre and has benefitted from the opening of the nearby Regal cinema.

Evesham Journal:

“Port Street serves as one of the main thoroughfares into the town centre benefitting from a high volume of footfall, making it a vibrant retail area with a number of well-established and newly opened independent traders.

“Evesham has an active tourist industry, an old riverside market town sitting at the heart of the Vale of Evesham – some of the prettiest countryside in Britain.

“From a retail point of view it has a population of approximately 24,000 and a catchment area of 100,000 people.

“The town benefits from a main line railway station, has a hospital, schools, leisure and sports facilities, as well as a number of supermarkets.”

Mr Tudor added: “All in all, it offers an ideal investment opportunity and we are expecting a lot of interest from bidders.”

With a listed guide price of £350,000+ the property is “deceptively spacious and well-presented”, made up of two shop units, two commercial units, an apartment, and a car park with approximately ten spaces.

The apartment, on the first floor, features entrance lobby, lounge, master bedroom with en suite shower room, large modern kitchen, further double bedroom, separate WC and bathroom.

Evesham Journal:

Also included in the sale of the freehold interest is a second similar apartment which has been sold on a long leasehold basis with the freeholder receiving a peppercorn rent.

The auctioneers also state that the property is considered to have potential to develop the rear, subject to the necessary planning permissions.

The Port Street property is one of 189 lots that will be up for sale at the auction which begins at 9am.