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£225,000 Guide Price

1,788 Sq Ft

92 Barnards Green Road, Malvern, Worcestershire, WR14 3LY

Interested in this property?

Key Features

Front Cover

COMMERCIAL INVESTMENT PROPERTY AVAILABLE FOR SALE
SUBJECT TO ONGOING LEASE DATED 20 JUNE 2023
PRIME LOCATION IN THE POPULAR BARNARDS GREEN AREA
PROPERTY EXTENDING TO APPROXIMATELY 1788 SQ FT (166.11 SQ M)
GROSS RENTAL INCOME: £15,000 PER ANNUM
GUIDE PRICE: £225,000

Location

Barnards Green is an established and busy retail area located to the east of Great Malvern town centre. The Malvern urban area has a population of approximately 40,000, with a thriving business community and two mainline railway stations running services on the Hereford to Paddington and Hereford to Birmingham railway lines. There is good access to the road network with the M5 and M50 motorway easily accessible.

Description

We are delighted to be instructed to act in the sale of 92 Barnards Green Road. The property is let under a lease dated 20 June 2023 to Cardzone Limited. A national firm with a turnover of £53,645,848 for the most recent year end, with profits of £4,132,776. A copy of the lease is available on request and the current passing rent increased to £15,000 per annum at the recent rent review.

Services

We have been advised that mains electricity, water and drainage are connected to the property. This information has not been checked with the respective service providers and interested parties may wish to make their own enquiries with the relevant local authority. No statement relating to services or appliances should be taken to imply that such items are in satisfactory working order and intending occupiers are advised to satisfy themselves where necessary.

Directions

The property can be found in Barnards Green, on the B4208, adjacent to coop convenience store.
POST CODE: WR14 3LY
WHAT3WORDS: ///swung.same.calls

Energy Performance Certificate

The EPC rating for this property is D (98) https://find-energy-certificate.service.gov.uk/energy-certificate/9639-3008-0715-0000-7195.

Viewing

By appointment to be made through the Commercial Department at the Agent's Ledbury Office, Tel 01531 634648 Option 3

General

Intending purchasers will be required to produce identification documentation and proof of funding in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. More information can be made available upon request.

John Goodwin FRICS has made every effort to ensure that measurements and particulars are accurate however prospective purchasers/tenants must satisfy themselves by inspection or otherwise as to the accuracy of the information provided. No information with regard to planning use, structural integrity, tenure, availability/operation, business rates, services or appliances has been formerly verified and therefore prospective purchasers/tenants are requested to seek validation of all such matters prior to submitting a formal or informal intention to purchase/lease the property or enter into any contract.

Agents Notes

EPC Rating - D (98) https://find-energy-certificate.service.gov.uk/energy-certificate/9639-3008-0715-0000-7195.

Tenure

TENURE - the property is for sale of a freehold basis, subject legal verification, and subject to the ongoing lease.

GUIDE PRICE - £225,000.

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01531 634648

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WR14 4QY
01684 892809

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