PRIME RETAIL PREMISES, WORCESTER
£22,500 per annum (exclusive of rates)
The property is situated in an excellent position within the pedestrianised section of the City Centre.
The property is directly opposite TK Maxx, adjacent to JD Sports and Revital Health and close to Elt Shoes, Marks & Spencer, Blacks, Trespass etc.
LOCATION
The property is situated in an excellent position within the pedestrianised section of the City Centre.
The property is directly opposite TK Maxx, adjacent to JD Sports and Revital Health and close to Elt Shoes, Marks & Spencer, Blacks, Trespass etc
ACCOMMODATION
The premises comprises a ground floor lock up retail property.
Approximate internal dimensions and areas are detailed below:
GROUND FLOOR
INTERNAL WIDTH (FRONT) 19’0” 5.8 m
SHOP DEPTH 62’9” 19.1 m
GROSS GROUND FLOOR AREA 1325 sq ft 123 sq m (APPROX)
LEASE
The 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
£22,500 pa (exclusive of rates).
RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £23,000
Please contact the Local Authority for further information.
ENERGY PERFORMANCE CERTIFICATES
The premises have a rating of 47 (Band B). A copy of the certificate is available upon request.
INSURANCE & BUILDING MAINTENANCE
Building insurance for the year commencing 01/04/2024 is £402.26.
The tenants will be responsible for 42% of the cost of external repairs and maintenance to the whole property.
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 rental, however, interested parties are advised to make their own enquiries.
VIRTUAL TOUR OF THE PROPERTY
Please click on the following links:
Internal Video –
External Video –
VIEWING
By arrangement with AMT Commercial on 01527 821 111