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1/2

Go Outdoors, 7-8 The Shambles, Worcester

Guide price

£350,000

Auction

Size

5,011

Tenure

Freehold

EPC

Parking

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Primary use
Other

No floor / site plan

Key features

  • High Yielding Retail Investment
  • Retail Unit and Upper Parts
  • Fully Let to Blacks Outdoor Retail
  • Recently Renewed Five Year Lease (No Breaks)
  • Lease Expires 30.01.2031
  • Long Standing Occupier of 15+ Years
  • 5,011 sq ft (465.5 sq m)
  • High Footfall Pedestrianised Pitch
  • Investment Let at £45,000 p.a. (12.85% GIY on Guide Price)

Description

The property comprises a high yielding retail investment occupying a prominent pitch on a high footfall pedestrianised street.

Arranged across ground and first floors, the property is fully let to Blacks Outdoor Retail Limited, a long standing occupier of 15+ years, on a recently renewed five year lease expiring 30.01.2031 and paying £45,000 per annum.

The property occupies a prominent pitch fronting the Shambles, a high footfall pedestrianised street in the heart of Worcester. The surrounding area is characterised by a mix of local and national retailers including Card Factory, Max Spielmann, and JD Sports. Reindeer Court arcade is immediately opposite.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

Go Outdoors, 7-8 The Shambles, Worcester

NEAREST STATIONS

National Rail

Worcester Foregate Street Station

0.21 miles

National Rail

Worcester Shrub Hill Station

0.5 miles

National Rail

Worcestershire Parkway Station

3.56 miles

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Disclaimer - Property reference A1F38B27-674C-4EDA-9D43-8FA8D029AC8B. 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 National , Savills Auctions- Commercial. 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.