Guide price
£85,000
(£105.46/sq. ft)
Retail premises for saleSidbury, Worcester WR1
806 sq. ft
EPC Rating: C
Just added
Auction
Freehold
About this property
•Retail investment
•Overlooking busy main road
•Current rent £9,500 pa.
•Close to Worcester Cathedral and parking
•Tenant business not included
Location
The property occupies a prominent position close to Worcester City Centre. Benefiting from excellent visibility and frontage, enjoying strong levels of passing pedestrian and vehicular traffic. The location is close to Worcester Cathedral, The Kings School Worcester and Cathedral Square. (retail / leisure).
Description
This ground floor retail premises has direct access onto Sidbury, with a glass shop front and door. It is offered for sale subject to the tenancy, occupied by the tenant as a beauty studio with front retail/reception area, various treatment rooms off, kitchen and WC.
Accommodation
806ft2 (74.93m2) (Gross Internal Floor Area).
Services
We understand the property to have electricity, water and drainage available. Gas is connected to the 1st and 2nd floor apartment.
Terms
The ground floor shop is currently let under an occupational lease, generating a rental income of £9,500 per annum (£11.87 psf). The lease includes a tenant break option in 2028 and is due to expire in 2031.
The freehold interest is for sale, which includes the entirety of the 3-story building, with the first and second floor apartment being held, in separate ownership, on a long leasehold basis. The lease term is for 157 years from 1986, at a peppercorn rent (Title WR177234). There is a shared repair responsibility for the structure and external repairs. There is no service charge with costs being split on an ad hoc basis.
Outgoings
From 1 April 2026 the premises have a rateable value of £9,800.
VAT
We are informed by the Landlord that the premises are not subject to VAT.
Viewing
Via the Sole Agent’s Great Witley Office
Tel:
Nick Jethwa
Archie Tompson
•Overlooking busy main road
•Current rent £9,500 pa.
•Close to Worcester Cathedral and parking
•Tenant business not included
Location
The property occupies a prominent position close to Worcester City Centre. Benefiting from excellent visibility and frontage, enjoying strong levels of passing pedestrian and vehicular traffic. The location is close to Worcester Cathedral, The Kings School Worcester and Cathedral Square. (retail / leisure).
Description
This ground floor retail premises has direct access onto Sidbury, with a glass shop front and door. It is offered for sale subject to the tenancy, occupied by the tenant as a beauty studio with front retail/reception area, various treatment rooms off, kitchen and WC.
Accommodation
806ft2 (74.93m2) (Gross Internal Floor Area).
Services
We understand the property to have electricity, water and drainage available. Gas is connected to the 1st and 2nd floor apartment.
Terms
The ground floor shop is currently let under an occupational lease, generating a rental income of £9,500 per annum (£11.87 psf). The lease includes a tenant break option in 2028 and is due to expire in 2031.
The freehold interest is for sale, which includes the entirety of the 3-story building, with the first and second floor apartment being held, in separate ownership, on a long leasehold basis. The lease term is for 157 years from 1986, at a peppercorn rent (Title WR177234). There is a shared repair responsibility for the structure and external repairs. There is no service charge with costs being split on an ad hoc basis.
Outgoings
From 1 April 2026 the premises have a rateable value of £9,800.
VAT
We are informed by the Landlord that the premises are not subject to VAT.
Viewing
Via the Sole Agent’s Great Witley Office
Tel:
Nick Jethwa
Archie Tompson
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Monthly repayment
£425 per month
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