Commercial Property in WR1 available for sale
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Commercial Properties for Sale in WR1

Find commerical property for sale in WR1 that meets your business or investment goals

More details for 50 The Shambles, Worcester - Retail for Sale

50 The Shambles

Worcester, WR1 2RE

  • Retail for Sale
  • £285,000
  • 1,509 sq ft
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More details for 4-5 College Yard, Worcester - Office for Sale

4-5 College Yard

Worcester, WR1 2LA

  • Office for Sale
  • £400,000
  • 5,303 sq ft
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More details for 19 White Ladies Clos, Worcester - Office for Sale

19 White Ladies Clos

Worcester, WR1 1PZ

  • Office for Sale
  • £250,000
  • 1,344 sq ft
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More details for 20-23 The Tything, Worcester - Office for Sale

20-23 The Tything

Worcester, WR1 1HD

  • Office for Sale
  • £250,000 - £485,000
  • 2,157 - 4,717 sq ft
  • 2 Units Available
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More details for 9-11 Carden St, Worcester - Industrial for Sale

9-11 Carden St

Worcester, WR1 2AT

  • Industrial for Sale
  • £425,000
  • 5,856 sq ft
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More details for 2 Mealcheapen St, Worcester - Retail for Sale

2 Mealcheapen St

Worcester, WR1 2DH

  • Retail for Sale
  • £180,000
  • 1,670 sq ft
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More details for Mealcheapen St, Worcester - Retail for Sale

Reindeer Court Shopping Centre - Mealcheapen St

Worcester, WR1 2DS

  • Retail for Sale
  • £110,000 - £300,000
  • 375 - 2,000 sq ft
  • 3 Units Available
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More details for 22-24 Pump St, Worcester - Retail for Sale

22-24 Pump St

Worcester, WR1 2QY

  • Retail for Sale
  • Price Upon Request
  • 2,130 sq ft
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More details for 57-58 The Tything, Worcester - Retail for Sale

57-58 The Tything

Worcester, WR1 1JT

  • Retail for Sale
  • Price Upon Request
  • 4,051 sq ft
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More details for 50 Broad St, Worcester - Retail for Sale

50 Broad St

Worcester, WR1 3LR

  • Retail for Sale
  • Price Upon Request
  • 4,415 sq ft
  • Air Conditioning
  • Security System
  • 24 Hour Access

Worcester Retail for Sale

The four storey building provides retail accommodation at ground floor and first floors, whilst the 2nd and 3rd floors provide basic storage space. A significant part of the ground floor is single storey beneath a flat roof, which provides potential for additional development. The building benefits from vehicular access to the rear, off Malthouse Place. The building is located in Broad Street, a pedestrianised shopping street in Worcester City Centre, adjacent to the Crowngate Shopping Centre. Broad Street is home to a number of national and local retailers, banks, and coffee shops, including HSBC, Caffè Nero, Boston Tea Party, New Look and Mountain Warehouse. Worcester is a Cathedral City with a population of just over 100,000 on the banks of the River Severn. Worcester is readily accessible by road, rail and air. Junctions 6 and 7 of the M5 provide easy access to the motorway network and Birmingham airport whilst the City has 2 railway stations, Foregate Street and Shrub Hill. A new Station, Worcestershire Parkway, close to J7 of the motorway, provides sustainable access to regional and national destinations including the south-west, north-east, London and the Thames Valley. The City has a thriving and expanding University, first class rugby and cricket teams, a picturesque racecourse adjacent to the River Severn and an active arts scene. It has an excellent retail, restaurant and café offering, with the CrownGate Shopping Centre and the recently developed Cathedral Square as the focal destinations, although there are a number of historic streets in the City providing a wide range of independent boutiques and restaurants.

Contact:

Fisher German LLP

Property Subtype:

Shopfront

Date on Market:

09/12/2019

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FAQs About Commercial Property For Sale in WR1

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How many commercial properties are currently available for sale in WR1?
There are currently 12 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in WR1?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the WR1

You searched for commercial property for sale in WR1. Explore 12 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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