Property photos
Offers over
£2,200,000
(£132.59/sq. ft)
Retail premises for sale
Copenhagen Street, Worcester WR116,592 sq. ft
Local area information
Property location
Nearby amenities
- The King's School 0.2 miles
- Worcester Foregate Street 0.3 miles
- Stanley Road Primary School 0.4 miles
- Worcester Shrub Hill 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Worcester to find out more about the local area.
Features and description
Town Centre mixed-use Investment.
Occupying a prime location on Worcester High Street.
Benefitting from exceptional frontage onto the pedestrianised High Street with return frontage on Copenhagen Street.
Multi-let to 10 diverse retail and offices tenants, with immediate value add & asset management.
Comprising 16,592 sq ft over lower ground, ground and three upper floors.
Current passing rent of £233,907 per annum.
Freehold.
Significant development potential, with the property not encumbered by an article 4 restriction.
We are instructed to seek offers in excess of £2,200,000 (Two Million Two Hundred Thousand Pounds), subject to contract and exclusive of VAT.
A purchase as the asking price would reflect a Net Initial Yield of 10% assuming standard purchasers costs of 6.32%, and a low Capital Value of £132 per sq ft.
Occupying a prime location on Worcester High Street.
Benefitting from exceptional frontage onto the pedestrianised High Street with return frontage on Copenhagen Street.
Multi-let to 10 diverse retail and offices tenants, with immediate value add & asset management.
Comprising 16,592 sq ft over lower ground, ground and three upper floors.
Current passing rent of £233,907 per annum.
Freehold.
Significant development potential, with the property not encumbered by an article 4 restriction.
We are instructed to seek offers in excess of £2,200,000 (Two Million Two Hundred Thousand Pounds), subject to contract and exclusive of VAT.
A purchase as the asking price would reflect a Net Initial Yield of 10% assuming standard purchasers costs of 6.32%, and a low Capital Value of £132 per sq ft.
Floor plans and tours
Floor plans (1)
1 floor plan available
View the floor plan to understand the space and layout of this property.
More information
Listed by
Estate Office
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Estate Office. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Estate Office for full details and further information.