2 - 4 Worcester Road, Malvern, WR14 4QW

LOCATION
The premises are prominently located on the A449 Worcester Road, close to the junction with Church Street.
The property is directly opposite ASK restaurant and the Unicorn Public House. Nearby occupiers include Nationwide Building Society, HSBC, WH Smith, Alan Morris etc

DESCRIPTION
These former Banking Hall premises are very attractive and lend themselves to many uses including restaurant, bar, office, showroom etc subject to any required planning and licence requirements. The property is Grade 2 listed and is arranged on Ground and Basement levels with a small Mezzanine Area.

ACCOMMODATION
Approximate internal dimensions and areas are detailed below:

GROUND FLOOR
INTERNAL WIDTH 53'0" 16.2 m
SHOP DEPTH 28'0" 8.5 m
FLOOR TO CEILING HEIGHT 13'8" 4.2 m
GROSS FLOOR AREA 1220 sq ft 113 sq m

BASEMENT
STORAGE 850 sq ft 79 sq m
MEZZANINE
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
£27,500 pa (exclusive of rates).

RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £16,000. Please contact the Local Authority for further information.

BUILDING INSURANCE
Building insurance is currently £850 per annum.

ENERGY PERFORMANCE CERTIFICATE
A copy of the EPC will be available shortly.

SALE
We are advised the property is held on a 999-year ground lease at a peppercorn rental from 2004.

The current owners will consider offers based upon £375,000 for their long leasehold interest, which does not include the flats on the upper floors, which are not owned by the vendor.

LEGAL COSTS
Each party are to be responsible for their own legal costs incurred in this transaction.

VAT
We understand that VAT is not payable on the rental/sale however, interested parties are advised to make their own enquiries.