£6,600 pa
(£19.58/sq. ft. pa)
Retail premises to letThe Hopmarket, Worcester WR1
337 sq. ft
Available immediately
Unfurnished
About this property
Retail premises in Worcester city centre
Set within characterful building
Suitable for a variety of businesses
The Hopmarket is located in Worcester city centre, in close proximity to Foregate Street train station and the main High Street. Originally built as a hotel in c.1900, The Hopmarket is now home to a diverse mix of fantastic independent retailers which includes cafes, hair and beauty businesses, clothing stores, a bakery, and many more.
The Property
When entering The Hopmarket via the main archway entrance off The Foregate, Unit 3 can be found on the left hand side of the courtyard. The property is an open plan space that could be utilised for a variety of uses. The unit includes its own self-contained WC facilities.
Accommodation
Approximately 337 square feet.
Rent
£6,600 per annum (£550 per calendar month) (excl.)
Tenure
The property is available to let by way of new business lease for a term of years to be negotiated.
Service Charge
We understand that a service charge is payable in respect of the costs of maintaining the common areas within The Hopmarket. Whilst latest service charge estimates are yet to be confirmed, previous service charge for this unit was £362.86 per quarter.
Insurance
The Landlord insures the property and recovers the cost from the Tenant and this figure is captured within the service charge noted above.
Legal & Administrative Costs
The Tenant is responsible for a contribution towards the Landlord's legal fees. A tenant administration fee is payable to the Agent upon agreement of the Heads of Terms.
Energy Performance
It is understood the property has an energy performance rating of E 111.
Business Rates
Tenant to rely on its own enquiries, however it is believed that the majority of occupiers would benefit from small business rate relief.
Planning
The Tenant should rely on its own enquiries of the local planning authority, however it is understood that the premises should fall within Use Class E.
Value Added Tax
All sums are quoted exclusive of value added tax, to the extent that such tax may apply.
Viewings
All viewings of the property are strictly by appointment with the Agent.
All measurements are approximate only. The actual state and decorative condition of the premises may vary from that shown within the marketing photographs.
The Property
When entering The Hopmarket via the main archway entrance off The Foregate, Unit 3 can be found on the left hand side of the courtyard. The property is an open plan space that could be utilised for a variety of uses. The unit includes its own self-contained WC facilities.
Accommodation
Approximately 337 square feet.
Rent
£6,600 per annum (£550 per calendar month) (excl.)
Tenure
The property is available to let by way of new business lease for a term of years to be negotiated.
Service Charge
We understand that a service charge is payable in respect of the costs of maintaining the common areas within The Hopmarket. Whilst latest service charge estimates are yet to be confirmed, previous service charge for this unit was £362.86 per quarter.
Insurance
The Landlord insures the property and recovers the cost from the Tenant and this figure is captured within the service charge noted above.
Legal & Administrative Costs
The Tenant is responsible for a contribution towards the Landlord's legal fees. A tenant administration fee is payable to the Agent upon agreement of the Heads of Terms.
Energy Performance
It is understood the property has an energy performance rating of E 111.
Business Rates
Tenant to rely on its own enquiries, however it is believed that the majority of occupiers would benefit from small business rate relief.
Planning
The Tenant should rely on its own enquiries of the local planning authority, however it is understood that the premises should fall within Use Class E.
Value Added Tax
All sums are quoted exclusive of value added tax, to the extent that such tax may apply.
Viewings
All viewings of the property are strictly by appointment with the Agent.
All measurements are approximate only. The actual state and decorative condition of the premises may vary from that shown within the marketing photographs.
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