Commercial Property in Ombersley available for sale
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Commercial Properties for Sale near the Ombersley, Droitwich

Commercial Properties for Sale Within 5 miles of the Ombersley, Droitwich

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 Pershore Ln, Worcester - Industrial for Sale

Unit 8b - Pershore Ln

Worcester, WR4 0AA

  • Industrial for Sale
  • 57,705 sq ft
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More details for Weston Hall Rd, Stoke Prior - Office for Sale

Greenbox Development - Weston Hall Rd

Stoke Prior, B60 4AL

  • Office for Sale
  • £185,000
  • 863 - 923 sq ft
  • 2 Units Available
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More details for 19 Farmers Way, Droitwich - Retail for Sale

Fox & Goose - 19 Farmers Way

Droitwich, WR9 9EQ

  • Retail for Sale
  • 4,911 sq ft
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FAQs about Commercial Properties For Sale in Ombersley

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How many Commercial Property listings are available for sale in Ombersley?
There are currently 0 Commercial Properties available for sale near Ombersley. These Ombersley Commercial Property listings have an average size of. The largest available listing in Ombersley is. The thriving commercial centre and excellent transport links in Ombersley make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Ombersley?
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 Ombersley 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 Ombersley?
There is a diverse range of commercial properties available in Ombersley to suit various business needs. Ombersley offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Ombersley 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 Ombersley, Droitwich

Market Overview for Commercial Properties in Ombersley

Key information for Commercial Properties investors in Ombersley 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
Worcester £137 24,196 sq ft
Hallow £211 1,946 sq ft
Bromsgrove £291 1,037 sq ft
Stourport On Severn £72 14,176 sq ft

Rental Price Trends in Ombersley

The price per square foot range for Commercial Properties in Ombersley 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
Worcester £25 £137 £368
Hallow £211 £211 £211
Bromsgrove £178 £291 £403
Stourport On Severn £54 £72 £91

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Droitwich 4,911 sq ft 4,911 sq ft 4,911 sq ft
Worcester 1,116 sq ft 24,196 sq ft 66,860 sq ft
Hallow 1,946 sq ft 1,946 sq ft 1,946 sq ft
Bromsgrove 834 sq ft 1,037 sq ft 1,240 sq ft
Stourport On Severn 2,001 sq ft 14,176 sq ft 26,351 sq ft

You searched for commercial property for sale in Ombersley. Explore 0 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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