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.
1 of 1
AMENITIES
- 24 Hour Access
- Storage Space
NEARBY MAJOR RETAILERS
