The Property
The property has been until recently a Patisserie Valerie and comprises a good sized ground floor shop with a basement, first and second floors. There is a rear access to a small yard and then on to Bank Street. Potential subject to consents for dwellings on the upper floors.
Accommodation:
| Floor Areas | Details | Square Feet |
|---|---|---|
GROSS FRONTAGE | 19 FT 8 INS | |
BUILT DEPTH | 86 FT | |
INTERNAL WIDTH | 18 FT | |
SALES AREA | 1,229 SQ FT | |
REAR STORE | 86 SQ FT | |
BASEMENT | 600 SQ FT | |
TOTAL GROUND FLOOR AND BASEMENT | 1,915 SQ FT | |
FIRST FLOOR | 487 SQ FT | |
SECOND FLOOR | 557 SQ FT | |
TOTAL FLOOR AREA | 2,959 SQ FT |
Location
The property is located in the lovely cathedral City of Worcester with a resident population approaching 100,000 and a wide and affluent catchment. The City has excellent road links, situated on the M5, and good rail service to London, Oxford, Birmingham and Bristol. Broad Street is a busy good secondary trading location linking High Street with the Crowngate Shopping Centres. The property itself is towards the top of Broad Street, close to the junction with High Street and is adjoining Mountain Warehouse with other nearby occupiers including Card Factory, Caffe Nero, HSBC and Shoe Zone. There is a newly opened Pret a Manger close by on High Street.
Pricing
£35,000 per annum lease or £450,000 freehold. The Rateable Value of the premises is £44,750. The premises are subject to a small Levy to the Worcester BID. The BID was established in 2010 and is an organisation where funds collected are used for a range of initiatives to support the city centre. The annual charge is calculated at 1.50% of the Rateable Value and would be £671.
Retail Property
Contact Neil Wild
44 South Bar Street
Banbury
Oxon OX16 9AB
Email: