Home > Auctions > 13 & 14 May 2025 13 May 2025 - 9:30am > Lot 267

13 & 14 May 2025: Tuesday 13 May 2025 - 9:30am
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    Key features

    • To be offered on Wednesday 14 May
    • Freehold Retail/Development Opportunity in Town Centre Location
    • Comprises approximately 359.43 sq m (3,870 sq ft)
    • Planning approved in June 2023 for Mixed use commercial and short stay visitor accommodation (7no. 1 bed units) (22/00833/FUL)
    • Prominent city centre location directly opposite Worcester Foregate Street Station
    • Grade II Listed (no empty rates)
    • VAT-Free Opportunity
    • Vacant

    Description

    The property comprises a three storey retail/office building arranged over the ground, first and second floors. Over the ground floor there is a front retail area (previously used as an Estate Agents) with a glazed frontage to Foregate Street, opposite the entrance of Worcester Foregate Street train station. There is also a meeting room, rear office and kitchen over the ground floor. At first floor level there is an open plan office space, two rear offices and a store room. Over the second floor there are two offices to the front of the building, a sever room, kitchenette and rear archive room. There are WC facilities throughout the building.

    Additional information

    Accommodation

    Ground - 126.96 sq m (1,367 sq ft)

    First - 136.10 sq m (1,465 sq ft)

    Second - 96.37 sq m (1,038 sq ft)


    Total - 359.43 sq m (3,870 sq ft)

    Tenancy

    Vacant.

    Planning

    Planning approved in June 2023 for Mixed use commercial and short stay visitor accommodation (7no. 1 bed units) (22/00833/FUL).

    For further information please contact Worcester City Council https://plan.worcester.gov.uk/Planning/Display/22/00833/FUL

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        Local information

        The property is situated in a prominent position fronting Foregate Street (being opposite Worcester Foregate Street Railway Station) close to the City Centre. Foregate Street is one of the main arterial routes leading out of Worcester city centre from the north, in an area that is synonymous with Estate Agents, Letting Agents and Recruitment Agents providing easy walking access into Worcester’s main pedestrianised High Street shopping area. Worcester is a major West Midlands city located 120 miles north west of London, 30 miles south west of Birmingham,25 miles to the north of Cheltenham and 26 miles to the north east of Hereford. Motorway access to the city is very good with Junction 7 of the M5 motorway being within three miles of the city centre giving direct access to the national motorway network.

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        EPC rating

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        Guide prices and common auction conditions

        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

        •The reserve price is the minimum price at which the property can be sold.

        •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

        •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

        Please note that all prices listed, whether prior to or post auction, are subject to contract.

        The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

        The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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