Commercial Property in Knightwick available for sale
8

Commercial Properties for Sale near the Knightwick, Worcester

Commercial Properties for Sale Within 10 miles of the Knightwick, Worcester

More details for 1 The Avenue, Worcester - Office for Sale

The Cross - 1 The Avenue

Worcester, WR1 3QA

  • Office for Sale
  • £1,250,000
  • 3,707 sq ft
  • Conferencing Facility
  • Kitchen
  • Reception

Worcester Office for Sale

<p>Discover an unparalleled investment opportunity at 1 & 2 The Avenue, nestled within the vibrant heart of Worcestershire's City Business District. This substantial commercial property, currently configured with bedrooms, bathrooms, and a reception area, presents a versatile asset for discerning investors seeking robust returns and future growth potential.</p><p><br /></p><p>Boasting a strategic city centre location, this property is perfectly positioned to capitalise on the thriving local economy and high demand for both commercial and residential spaces. The current layout includes six dedicated offices, providing immediate income streams and flexibility for various business operations. However, a key highlight of this offering is its significant potential for conversion. With 14 existing bedrooms and bathrooms, the property could readily be reconfigured into five or more self-contained studio apartments, subject to the necessary planning permissions. This conversion would unlock a new dimension of rental income, catering to the strong demand for compact, modern living spaces within the city.</p><p><br /></p><p>From an investment perspective, the financial performance of this property is highly attractive. The projected annual rental income for the 2024-2025 period stands at a healthy £40,000, demonstrating a solid immediate yield. Furthermore, the income is set to increase, with a projected annual rental income of £42,000 for the 2025-2026 period, indicating a positive growth trajectory and strong tenant demand. This consistent and growing income stream makes 1 & 2 The Avenue a compelling proposition for investors looking for stability and appreciation.</p><p><br /></p><p>The property's generous proportions offer considerable scope for various uses beyond its current configuration. Whether maintained as a multi-office commercial hub, transformed into residential studios, or adapted for other commercial ventures, the sheer scale provides a rare level of adaptability. The presence of 14 bathrooms ensures that any future residential conversion would benefit from en-suite facilities, a highly desirable feature for modern tenants, enhancing rental appeal and value.</p><p><br /></p><p>Its prime location within the City Business District ensures excellent connectivity and accessibility, making it an attractive proposition for businesses and residents alike. Proximity to local amenities, transport links, and the bustling city centre further enhances its appeal, guaranteeing sustained interest from potential tenants or occupiers. The area benefits from a strong professional presence, contributing to the demand for well-located commercial and residential units.</p><p><br /></p><p>This is more than just a property; it is a strategic investment in a prime Worcestershire location, offering immediate income, significant conversion potential, and a clear path to increased future returns. Investors are encouraged to consider the long-term value proposition presented by 1 & 2 The Avenue, a versatile asset poised for continued success in the dynamic UK property market. Early viewing is highly recommended to fully appreciate the scope and potential of this exceptional offering.</p>

Contact:

Platinum Property Agents

Property Subtype:

Office / Residential

Date on Market:

12/11/2025

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More details for 59-60 High St, Worcester - Retail for Sale

59-60 High St

Worcester, WR1 2QA

  • Retail for Sale
  • £1,400,000
  • 5,383 sq ft
  • 1 Unit Available
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More details for 13 Park St, Worcester - Office for Sale

13 Park St

Worcester, WR5 1AA

  • Office for Sale
  • £550,000
  • 1,116 sq ft
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More details for 142 Ombersley Rd, Worcester - Retail for Sale

Grays Of Worcester - 142 Ombersley Rd

Worcester, WR3 7HA

  • Retail for Sale
  • £1,300,000
  • 7,218 sq ft

Worcester Retail for Sale

The property sits within a suburban residential location but is also neighboured by a number of small business premises including The Vine Public House, Ace Linen Services, and Ombersley Road Post Office. The site is situated on the Ombersley Road, which is one of the main arterial roads into Worcester city centre. The A449 and M5 motorway is accessible to the north. Worcester is a vibrant city perched on the banks of the River Severn with a combination of past and present and a population of just over 100,000. The city boasts an eclectic mix of restaurants and bars together with an excellent retail offering, combining high street brands with a diverse range of independent boutiques. It has a thriving and expanding University and offers sports enthusiasts first class cricket together with a picturesque racecourse alongside the banks of the River Severn. Junctions 6 and 7 of the M5 motorway provide easy access to the motorway network and Birmingham airport, whilst the city has 2 mainline railway stations, Foregate Street and Shrub Hill in addition to the recently opened Worcestershire Parkway which provides access to Regional and National destinations. The property encompasses the Former Northwick Cinema building and surrounding car park and access road. The existing building is an early 20th century Grade II listed building of 1930's Art Deco architectural design. The property is of brick construction with exposed brick exterior elevations and is surmounted by a flat roof to the front, and by a pitched roof to the remainder. The land to the front and the rear of the existing building provides ample parking. HISTORY Grays of Worcester is situated in the beautifully restored, Grade II listed Northwick Cinema, a fine example of 1930s Art Deco architecture. Designed by Charles E. Wilford and operated by an independent exhibitor, the Northwick began its life in 1938 as a theatre but was soon converted for use as a 1000+ capacity cinema. The exterior of the building features the original brick front façade, the central feature of which is the stylish vertical name sign, the distinctive 'NORTHWICK'; but this scarcely gives a hint to the remarkable original interior which followed plans by the Art Deco interior designer John Alexander. The only surviving complete and unaltered example of his work, the interior features stunning relief plasterwork, 1930s light fittings and many other original decorative features. On 10th September 1966, after nearly 25 years as a picture house, the Northwick closed as a cinema with Dean Martin in The Silencers and Audie Murphy in Arizona Raiders. The building changed hands and reopened a fortnight later as a bingo hall. It was used in this way until 1982. The building reopened in 1991 as an entertainment centre, hosting live music and sometimes showing films. This venture lasted for 5 years. David and Helen Gray purchased the Northwick in 2004 and immediately began extensive restoration works to return the building to its original glory. After 18 months of restoration, the Northwick reopened as Grays of Worcester, which it has been trading as to date. PLANNING The site sits within the Northwick Neighbourhood Shopping Centre Designation, and as such is subject to the following sub-sections of SWDP Policy 10, which will be of importance to prospective buyers: G. The conversion of retail floor space outside the Primary and Secondary Shopping Frontages to alternative uses not providing a retail or commercial service will not be permitted unless the equivalent replacement floorspace is provided as part of the development proposal. I. The change of use of village, neighbourhood and corner shops to non-retailing uses will only be permitted if there is an alternative equivalent facility within safe walking distance or evidence is presented that the premises are no longer viable for any retail or commercial use. The site does not have any current development allocation within the adopted plan. However, conversion may be possible in the future subject to attaining the appropriate permissions for Change of Use Class for the Property. A point of consideration is the building's Grade II listed status. The building is of 1930 Art Deco architectural design, with the principal feature being the fibrous plaster decoration found flanking the proscenium arch. This decoration is believed to be the only surviving work of designed John Alexander. Consideration of the listed status and specifically of the conservation of the interior decoration will be of importance when considering any future use or development of the property.

Contact:

Fisher German LLP

Property Subtype:

Shopfront

Date on Market:

12/12/2024

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More details for Gresley Rd, Worcester - Office for Sale

Brindley Court - Gresley Rd

Worcester, WR4 9FD

  • Office for Sale
  • £400,000
  • 2,058 - 2,496 sq ft
  • 2 Units Available
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More details for 2 Hatton Park, Bromyard - Retail for Sale

2 Hatton Park

Bromyard, HR7 4EY

  • Retail for Sale
  • £475,000
  • 3,232 sq ft

Bromyard Retail for Sale

Prominent roadside location. Located in the market town of Bromyard, Herefordshire, 14 miles North East of Hereford and 14 miles West of Worcester New letting to Alliance Property Holdings Ltd (t/a Morrisons) providing a 10-year lease at £32,000 pa. VAT not elected. The building provides a well-configured retail unit with an area totalling C. 3,232 sq ft GIA. Site size 0.23 Acres the The property is located on the southern outskirts of Bromyard, a town within Herefordshire, approximately 14 miles to the northeast of Hereford and 15 miles west of Worcester. Bromyard is a very small rural market town with a population of around 5,000 people. Hatton Park is a residential no-through road, perpendicular to the southern side of West Hill (A44) which runs in a west-to-east direction. The property is situated at the most northern aspect of Hatton Park, fronting the busy West Hill (A44). This stretch of the A44 is just east of the junction with Panniers Lane (B4214) which subsequently adjoins the A465 to Hereford. Bromyard town centre has a modern Co-Op Store and a small shopping centre. There are two vehicle access points from West Hill (A44) at the north-western and north- eastern corners of the property's plot. The building itself is set back and there is space for approximately 10 vehicles to the front. There are no other retail or commercial units within the immediate locality except that there is a Dental surgery immediately to the East. The property comprises two modern single-storey adjoining buildings on the southern side of West Hill (A44). It backs onto a residential house directly south along Hatton Park. The buildings are of cavity brick construction under pitched tiled roofs. The larger building comprises a large sales area with a small area given over as storage for frozen/chilled goods, with an aluminium shop front. The property benefits from mains gas, electric, water and drainage. The premise is let to Alliance Property Holdings Ltd (t/a Morrisons) on a 10-year FRI lease commencing on 23 October 2023. The passing rent is £32,000 per annum with an CPI linked upwards only rent review in year 5, capped at 2%.

Contact:

Graham & Sibbald

Property Subtype:

Shopfront

Date on Market:

31/01/2024

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FAQs about Commercial Properties For Sale in Knightwick

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How many Commercial Property listings are available for sale in Knightwick?
There are currently 0 Commercial Properties available for sale near Knightwick. These Knightwick Commercial Property listings have an average size of. The largest available listing in Knightwick is. The thriving commercial centre and excellent transport links in Knightwick make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Knightwick?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Knightwick currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Knightwick?
There is a diverse range of commercial properties available in Knightwick to suit various business needs. Knightwick offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Knightwick commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Knightwick, Worcester

Market Overview for Commercial Properties in Knightwick

Key information for Commercial Properties investors in Knightwick and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Hallow £212 1,946 sq ft
Bromyard £110 3,232 sq ft
Malvern £161 1,793 sq ft
Worcester £137 24,260 sq ft
Stourport On Severn £64 10,642 sq ft

Rental Price Trends in Knightwick

The price per square foot range for Commercial Properties in Knightwick and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Hallow £212 £212 £212
Bromyard £110 £110 £110
Malvern £80 £161 £364
Worcester £25 £137 £369
Stourport On Severn £47 £64 £91

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Knightwick area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Hallow 1,946 sq ft 1,946 sq ft 1,946 sq ft
Bromyard 3,232 sq ft 3,232 sq ft 3,232 sq ft
Malvern 371 sq ft 1,793 sq ft 4,168 sq ft
Worcester 1,116 sq ft 24,260 sq ft 66,860 sq ft
Stourport On Severn 2,001 sq ft 10,642 sq ft 26,351 sq ft

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