12 Reindeer Court, Mealcheapen Street, Worcester, Worcestershire, WR1

Property Features:
Comprises two-storey retail premises
Suitable for variety of uses (Class E)
VAT is applicable to this property
Available on a new lease with flexible terms
Located inside Reindeer Court between The Shambles and New Street, which is home to retailers such as JD Sports, M&S, Greggs, Café Nero, TK Maxx and more.

Property Description:
The property comprises two-storey retail premises, providing the following accommodation and dimensions:
Ground Floor: 105 sq m (1,132 sq ft)
Open Plan Retail, Storage
First Floor: 81 sq m (868 sq ft)
Ancillary, WC
Total NIA: 186 sq m (2,000 sq ft)

Terms:
Available on a new lease with terms to be agreed by negotiation
Rent: £576.92 + VAT per week (PCM: £2,500 + VAT)
Deposit: £7,500 (3 Months)
Service Charge: £318.35 + VAT per quarter
*Service charge includes building insurance, water bill, rubbish disposal, communal area cleaning and security.

Rateable Value:
Rateable Value - £9,400 p.a.
Rates Payable - £0*
*Note - Small business rates relief available (subject to terms)

EPC:
The property benefits from a D Rating. Certificate and further details available on request.

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.