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44 Friar Street, Worcester

£260,000

£254.90 per sq ft

Business rates & charges may apply

AMT Commercial, Worcestershire
SIZE AVAILABLE

1,020 sq ft

95 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: A1 Shops and Class E

A1, E

Key features

  • The premises comprise an attractive two storey Grade II listed building with a rear external terrace area.
  • The premises are located in Friar Street within the heart of Worcester City Centre.
  • The property is adjacent to the Tudor House Museum and Perfection Bridal Studios.
  • Friar Street itself is home to many independent retailers, cafes and restaurants.

Description

LOCATION
The premises are located in Friar Street within the heart of Worcester City Centre. The property is adjacent to the Tudor House Museum and Perfection Bridal Studios.
Friar Street itself is home to many independent retailers, cafes and restaurants.


ACCOMMODATION
The premises comprise an attractive two storey Grade II listed building with a rear external terrace area. The property was formerly used as a restaurant but is suitable for many other uses, subject to any required planning consents.
Approximate internal dimensions and areas are detailed below:

GROUND FLOOR
INTERNAL WIDTH 16'10" 5.1 m
GROSS GROUND FLOOR AREA 550 sq ft 51 sq m

FIRST FLOOR GROSS FLOOR AREA 470 sq ft 44 sq m
REAR EXTERNAL TERRACE AREA 315 sq ft 29 sq m

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 five years.

RENTAL
£17,500 pa (exclusive of rates).

FREEHOLD
Offers in the region of £260,000 for the Freehold Interest with vacant possession.

RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £11,000. Please contact the Local Authority for further information.

ENERGY PERFORMANCE CERTIFICATE
The property currently has a rating of 51 (Band C). A copy of the certificate is available upon request.

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

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

Brochures

44 Friar Street, Worcester

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Worcester Foregate Street Station0.4 miles
  • Worcester Shrub Hill Station0.6 miles
  • Worcestershire Parkway Station3.4 miles

About AMT Commercial, Worcestershire

Clarendon House 14 St. Andrews Street, Droitwich, WR9 8DY

Based in the Midlands, AMT Commercial offers a bespoke property service to landlords, occupiers and investors on all aspects of retail property throughout the UK.

AMT Commercial was established by Andrew Thompson BSc, FRICS who has extensive knowledge and experience in the property industry, joining the profession in 1978.

Andrew previously owned Andrew Thompson and Co. which was established in 1986 and traded until 2015 when it was sold to one of the leading Worcestershire Agents where he was a partner and head of the commercial property department.

Notes

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