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Lowesmoor Wharf and Canalside Business Park, Lowesmoor, Worcester

Offers in Excess of
£4,250,000

£65.89 per sq ft

Business rates & charges may apply

Savills, Birmingham
SIZE AVAILABLE

64,500 sq ft

5,992 sq m

SECTOR

Mixed use property for sale

Key features

  • Mixed use estate comprising predominantly industrial and office accommodation
  • Located in a highly prominent position within Worcester City Centre
  • Let to 24 commercial tenants at a low average passing rent of £7.28 per sq ft
  • Low vacancy rate of just 10% of floor area, demonstrating strong occupier demand
  • Total site area extends to 2.73 acres (1.10 hectares)
  • ERV in the order of £560,000 per annum
  • Strategically located with future redevelopment potential (subject to planning)

Description

23 self-contained units ranging in size from 380 sq ft to 5,400 sq ft. The buildings are located around a central core and generally of an industrial nature, with brick elevations and a mix of roof coverings.

To the boundary of the site there are several commercial buildings which are of a similar brick construction incorporating tiled roofs providing office/commercial accommodation.

Lowesmoor Wharf is located 0.5 mile northeast of Worcester’s city centre within a mixed-use location. The property is prominently situated on the junction of Pheasent Street and Lowesmoor Terrace. Nearby occupiers include Aldi, Dreams, Asda superstore and Bradfords Building Suppliers along with a range of independent businesses.

Brochures

Lowesmoor Wharf and Canalside Business Park, Lowesmoor, Worcester

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Worcester Foregate Street Station0.2 miles
  • Worcester Shrub Hill Station0.3 miles
  • Worcestershire Parkway Station3.6 miles

About Savills, Birmingham

55 Colmore Row, Birmingham, B3 2AA

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 4F7E3B9B-23CA-4B0F-83E8-9B142F65C224. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Birmingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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