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Retail Investment property for sale 59 Sidbury, Worcester, Worcestershire

£250,000

  • Sq Ft

Key Details

Property Type
Retail Investment
Size
Tenure
Freehold
  • City centre location
  • Ground floor retail premises
  • First floor 2-bedroom flat
  • Rear garden with garage
  • Fully let at a passing rent of £18,550 per annum
  • Retail unit subject to upwards only rent review July 2023
  • VAT is not chargeable in respect of this transaction

The property is located in Worcester city centre, fronting the A44 Sidbury, which provides direct access to the wider Worcestershire area. The property benefits from a convenient location which is well serviced by the local amenity and is within walking distance of Worcester High Street and Cathedral Plaza.

Foregate Street Railway Station is a 10 minute walk and provides regular and direct access to London, Birmingham and Bristol. Junctions 6 and 7 of the M5 motorway are easily accessible by car and are 2.5 and 3.5 miles distant, respectively.

The Grade II listed period property comprises a two-storey terraced building, providing retail accommodation to the ground floor and a two bed flat to the first floor.

The flat comprises two double bedrooms, a generous sitting room, kitchen and bathroom.

To the rear of the property is a garden and garage, currently falling within the demise of the ground floor retail tenant.

Access to the retail and residential property can be gained from both the front and rear of the property, independently of one and other.

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