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Charles St

2,732 SF Retail Unit Offered at £825,000 in Worcester WR1 2AQ

Property Facts

Price £825,000
Unit Size 2,732 SF
No. Units 1
Total Building Size 3,012 SF
Property Type Retail (Unit)
Property Subtype Storefront Retail/Residential
Sale Type Investment
Building Class B
Number of Floors 1
Typical Floor Size 3,012 SF
Year Built 1820

1 Unit Available

Unit 1-5

Unit Size 2,732 SF
Price £825,000
Price Per SF £301.98
Unit Use Retail
Sale Type Investment
Tenure Freehold
Net Initial Yield 7.10%
NOI £58,575
Description

The property comprises a two-storey building of brickwork
construction, surmounted by a pitched tiled roof, which has
recently been replaced. The property is split into five retail units and x 2 two-bedroom flats. Retail Units 1-4 provide ground floor accommodation, with Unit 5 providing ground and first floor accommodation. Units 2 – 5
benefit from WC and kitchenette facilities.

Sale Notes

The freehold interest of the adjacent ground floor and first floor flat (4A Charles Street) is included in the Title. This flat was sold off on a long leasehold for a term of 999 years from 26th June 2019. The flat has rights to use one car parking space.

Amenities

  • 24 Hour Access
  • Storage Space

Nearby Major Retailers

Nando's
All Bar One
Five Guys
YO!
Cosy Club
Miller & Carter - Worcester
ASK Italian
Starbucks
Coffee #1
Cafe Nero
  • Listing ID: 32730896

  • Date on Market: 04/01/2024

  • Last Updated:

  • Address: Charles St, Worcester WR1 2AQ

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