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22A Reindeer Court, Mealcheapen Street, Worcester, Worcestershire, WR1

Fixed Price
£132,500

£351.46 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

377 sq ft

35 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: Class E

E

Description

Investment Consideration:
Gross Initial Yield: 6.79%
Rental Income: £9,000 p.a.
VAT is applicable to this property
Comprises ground floor retail unit t/a barbers
Located inside Reindeer Court between The Shambles and New Street, which is home to retailers such as JD Sports, M&S, Greggs, Café Nero, Vodafone, TK Maxx and more.

Property Description:
The property comprises ground floor retail unit t/a barbers and provides the following accommodation and dimensions:
Ground Floor: 35 sq m (377 sq ft)
Open Plan Retail, Storage, WC

Tenancy:
The property is at present let to Camo Hair Limited t/a Barbers for a term of 7 Years from 27th July 2018 at a current rent of £9,000 per annum and the lease contains full repairing and insuring covenants. Lease within Landlord & Tenant Act 1954.

Location:
Worcester is a city in central England's West Midlands region. The city is a major retail centre, with several covered shopping centres to accommodate the major chains and many independent shops and restaurants, particularly in Friar Street and New Street. The M5 Motorway runs north-south immediately to the east of the city. It is accessed by Junction 6 (Worcester North) and Junction 7 (Worcester South). Worcester has three stations. Worcester Foregate Street and Worcester Shrub Hill are in the city centre. A third station on the edge of the city, Worcestershire Parkway opened in 2020. The property is located within 0.3 miles from Worcester Foregate Street train station. Nearby occupiers include M&S, Greggs, JD Sports, Costa Coffee and Waterstones, amongst many more.

Brochures

22A Reindeer Court, Mealcheapen Street, Worcester, Worcestershire, WR1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Worcester Foregate Street Station0.2 miles
  • Worcester Shrub Hill Station0.5 miles
  • Worcestershire Parkway Station3.5 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

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