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40 The Shambles

The Shambles
Worcester, WR1 2RE

Use Class E

NaN sq ft

£50,000

Use Class

E

Rent pa

£50,000

Marketed by Regis UK Limited

Last updated 12/01/2022
40 The Shambles
A busy pedestrianised trading position opposite Marks and Spencer.

Fully fitted hair salon or use as a retail shop.
Worcester has a district population of 92,500 and a further catchment of 285,000 people within a 12 mile radius. These figures are considerable boosted by tourist visitors throughout the year.
The property occupies a busy position on pedestrianised The Shambles which runs parallel to The High Street. The unit is opposite M&S and close to TK Maxx. The property is adjacent Card Factory and Greenwoods

Tenure

Leasehold

Viewing

Strictly by appointment.

Staff are unaware.

Accommodation

Accommodation details below:

Dimensions

ftm
Net Shop Front15.904.84
Internal Width15.904.84
Shop Depth50.1015.27

Areas

sq ftsq m
Ground Floor Sales725.0067.35
Ground Floor Ancillary135.0012.54
First Floor670.0062.24
Second Floor425.0039.48

Financial

Lease Type

Existing Lease

Lease Term

The property is available by way of an assignment of an existing 15 year lease which expires on the 1st April 2019 at a current passing rent of £50,000 per annum exclusive.

There is a rent review due 2nd April 2014

Legal

Each party is to pay its own legal costs

Incentive

Incentives available to the ingoing tenant subject to status.  Alternatively a sub-lease maybe available on terms to be negotiated.

Rates

Interested parties are advised to make their own enquiries to the Local Authority.

Rateable Year:2014
Rateable Value:£47,000.00
Rates Payable:£22,137.00
UBR:--

Sustainability

Energy Performance Certificate

101
Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

Last Updated

12/01/2022

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2022 Completely Property Technology Limited

Regis UK Limited

Regis UK Limited