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COMMERCIAL

Wylds Lane, Worcester, Worcestershire, WR5 1DF

Guide Price
£175,000
Platinum Property Agents, Worcestershire
PROPERTY TYPE

Commercial Property

BEDROOMS

3

BATHROOMS

2

SIZE

Ask agent

Floor/Site plan 1
1

Key features

  • Perfect for Investors
  • Property Requires Renovation and Refurbishment
  • Two (2) Storey Building
  • Dual income streams (commercial and residential)
  • Cellar below the Shop
  • Spacious Rental Premises
  • Prime Location within Walking Distance to Worcester City centre and local amenities.

Description

Presenting a truly outstanding investment opportunity in the heart of Worcester, this substantial two-storey commercial property, guided at £190,000, offers immense potential for discerning investors. Perfectly positioned within walking distance of Worcester City Centre and an array of local amenities, this property boasts a prime location that ensures high visibility and strong rental demand.

The building itself is a versatile asset, currently configured to provide dual income streams, a highly sought-after feature in today's market. The ground floor comprises spacious commercial premises, ideal for a variety of business ventures, benefiting from excellent footfall and accessibility. Adding to its commercial appeal, a practical cellar is located directly below the shop, offering valuable additional storage space or potential for further development, subject to necessary planning consents.

Ascending to the upper floor, the property features a residential component, currently offering two (2) flats and one (1) commercial space. While the property requires comprehensive renovation and refurbishment throughout, this presents a blank canvas for an investor to modernise and enhance its value significantly. The scope for improvement allows for a bespoke finish, tailored to attract premium tenants or buyers, thereby maximising rental yields or resale value.

This property is an investor's dream, offering the chance to acquire a substantial asset in a desirable location with considerable upside potential. The ability to generate income from both commercial and residential tenants simultaneously provides a robust and diversified investment portfolio. Imagine the possibilities: a thriving ground-floor business complemented by well-appointed residential accommodation above, all within a vibrant city setting.

Worcester itself is a historic and bustling city, offering a rich blend of cultural attractions, excellent transport links, and a strong local economy. Its proximity to major road networks and rail services makes it an attractive location for both businesses and residents. The convenience of having the city centre, shops, restaurants, and essential services just a short stroll away further enhances the property's appeal.

This is more than just a property; it's an opportunity to create a valuable, income-generating asset in a thriving UK city. Investors with a vision for transformation will recognise the inherent value and the significant return on investment that can be achieved through a well-executed refurbishment project. Early viewing is highly recommended to fully appreciate the scope and potential on offer.

Energy Performance Certificates

EPC 1EPC 2

Wylds Lane, Worcester, Worcestershire, WR5 1DF

Approximate location
Open mapStreet View

NEAREST STATIONS

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

About Platinum Property Agents, Worcestershire

15-17 St. Johns, St. Johns, Worcester, WR2 5AE

Platinum Property Agents has offices in St Johns, to the West of Worcester, and Malvern Link working together as one in providing unrivalled coverage for selling town and country property, and letting both residential & student accommodation.

The company was founded in 2008 based on blending the best of the traditional estate agency with the best modern practices and technology available. Our vision is to offer the best service standards possible using our expertise and professionalism to advise you on the promotion, negotiation and transfer or management of your property.

We believe that the best results come from having a real understanding of what you really are trying to achieve. Blending our expertise with transparency creates real results in an ever changing market.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference PLT_WRC_LFSYCL_320_798446681. 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 Platinum Property Agents, Worcestershire. 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.

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