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10

£795,000

6,070 Sq Ft

112-118 Worcester Road, Malvern, Worcestershire, WR14

Interested in this property?

Key Features

Front Cover

Commercial investment property for sale, extending to approximately 6,070 sq ft
Four ground floor retail units with self-contained first floor office accommodation
Central Malvern Link location with parking
The property is available for sale subject to ongoing tenancies
Guide price: £795,000

Location

The property is conveniently located on Worcester Road in Malvern Link a popular urban area of Malvern with a thriving business community.
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

Ground and first floor commercial premises centrally located on Worcester Road. This two storey property provides approx. 3,005 sq ft of office space with approx. 3,065 sq ft of retail space. The property is fully occupied and let to five businesses producing a rental income of £58,995 per annum; Alexandra's Hairdressers, St Richard's Hospice, Hillside Pizza, Community Action, and Wills Legal Services. The retail units are all accessed via a single pedestrianised door to the front of each unit and all have a rear exit. The first floor offices are accessed via a lobby and stairwell on the north east side of the building. The property benefits from a large car park to the rear of the building.

Services

We have been advised that mains electricity, gas, water and drainage are connected to the property. Gas is provided to Hillside Pizza and Wills Legal Services only. 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 is situated on Worcester Road, Malvern Link. From the Agent's Malvern office head north on the A449 Worcester Road for 1.3 miles. The property is located on the right hand side of the road.
POST CODE: WR14 1SS
WHAT3WORDS: ///dissolves.slimy.could

Energy Performance Certificate

The property has EPC ratings from E to B. Please see brochure for further details.

Viewing

The property is available for viewings through the Agent's Commercial Department.
Tel: 01531 634648 (Option 3)
E-Mail: commercial@johngoodwin.co.uk
Address: 3-7 New Street Ledbury, HR8 2DX

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

Agents Notes

Planning - We understand the current use class associated with the premises is Class E. Interested parties are recommended to confirm this with the Local Planning Authority. The property is located within a conservation area.
EPC - The property has EPC ratings from E to B. Please see brochure for further details.

Tenure

Freehold tenure subject to ongoing occupational tenancies and subject to legal verification. For occupational lease details please enquire with the selling agents.
Guide Price - £795,000.
For information of passing rent and service charge, please enquire with the selling agent for further details.

Looking to sell?

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Ledbury

3-7 New Street,
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HR8 2DX
01531 634648

Malvern

13 Worcester Road,
Malvern, Worcestershire
WR14 4QY
01684 892809

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Malvern, Worcestershire
WR13 6QG
01684 540300

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London

121 Park Lane, Mayfair,
London,
W1K 7AG
020 7079 1499