RETAIL UNIT TO LET

The property is a two storey unit providing extensive dual frontage to City Arcade & The Shambles. Comprising ground floor retail unit with sales & ancillary accommodation to first floor. Tenure The unit is available on a new effectively fully repairing and insuring lease for a term of years to be agreed Rent £39,500 per annum exclusive. Legal Costs Each party to bear their own legal costs. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £58,500 and the rates payable are £29,074 pa. The UBR for 2017/2018 is 49.7p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Worcester is a Cathedral City with a population of circa 100,000 which is further boosted by tourists throughout the year. The property is located fronting The Shambles within City Arcade which links with High Street. Adjacent Waterstones & Hot House Clothing whilst nearby retailers include Caffe Nero, Savers, Moshulu & Poundland.
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Sizes and Measurements

Total Size

3,060sqft

Sales Area

1,560sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Status

Available

Available from

Now

Ground Floor

Details

Retail

Size

1,560sqft

Status

Available

Available from

Immediately

First Floor

Details

Non-Sales

Size

1,500sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

New

For rent

Price On Application

UBR

49.7p

Ratable Value

£58,500.00

Business Rates

£29,074.50/pa

Specification

  • Prime High Street Location
  • A1 use
  • Two floor trading

Floorplan

Photos

IMG_1380

Map Data
Map data ©2018 Google
Map DataMap data ©2018 Google
Map data ©2018 Google
Map
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