FREEHOLD PREMISES – GROUND AND FIRST FLOOR, WORCESTER
£15,000 per annum (exclusive of rates)
The premises are situated in Friar Street which is a very attractive street in the centre of Worcester. Friar Street is home to many independent retailers, coffee shops and restaurants.
The property is located close to the junction with the Main A44 , directly opposite Ye Olde Talbot public house and close to Vue Cinema & Nandos.
The premises comprise a Freehold Grade 2 listed building.
Download PDFLOCATION
The premises are situated in Friar Street which is a very attractive street in the centre of Worcester. Friar Street is home to many independent retailers, coffee shops and restaurants.
The property is located close to the junction with the Main A44 , directly opposite Ye Olde Talbot public house and close to Vue Cinema & Nandos.
ACCOMMODATION
The premises comprise a Freehold Grade 2 listed building.
The Ground Floor comprises a vacant unit, formerly occupied by Infinity Beauty having a Net Ground Floor Area of 620 sq ft/ 57 sq m with a very attractive garden to the rear.
At First Floor there is a self-contained flat comprising:
Bedroom One – 330 sq ft 31sq m
Bedroom Two 110 sq ft /10 sq m
Lounge 190 sq ft 18 sqm
Shower Room/WC
The flat is currently let and produces an income of £525 pcm. The tenant has occupied the flat since January 2020 at the same rental.
PRICE
The owners will sell the Freehold interest of the whole premises at £295,000.
LEASE -GROUND FLOOR ONLY
The ground floor property is available by way of a new fully repairing and insuring lease for a term of years to be agreed upon in multiples of 5 years.
RENTAL -GROUND FLOOR ONLY
£15,000 pa (exclusive of rates).
RATING ASSESSMENT
We are advised that the rating assessment is:
Ground Floor – Rateable Value: £8,100
Flat – Council Tax Band B
Please contact the Local Authority for further information.
ENERGY PERFORMANCE CERTIFICATE
Shop – 58 (Band C)
Flat – 56 (Band D)
Copies of the certificates are available upon request.
LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in this transaction.
VAT
We understand that VAT is not payable on the purchase price, however, interested parties are advised to make their own enquiries.
VIRTUAL TOUR OF THE PROPERTY
Please click on the following links:
External Video –
Internal Video –
VIEWING
By arrangement with AMT Commercial on 01527 821 111