Commercial Property in Worcester available for sale
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Grocery or Local Shop for Sale near Worcester

Find Grocery or Local Shop for sale in Worcester that meets your business or investment goals

Retail Properties for Sale Near the Worcester

More details for 15 New St, Worcester - Retail for Sale

15 New St

Worcester, WR1 2DP

  • Retail for Sale
  • £700,000
  • 3,657 sq ft
  • 24 Hour Access

Worcester Retail for Sale

The property comprises a versatile ground floor business unit (currently used as a bar), alongside two well-appointed residential units on the upper floors. This unique configuration provides a diversified income stream, making it an attractive proposition for discerning investors. The estimated annual gross income for 2026 is projected at an impressive £55,800, underscoring its strong financial performance and high-yield potential. The location of 15 New Street is a true highlight, being at the heart of a vibrant leisure scene. A variety of nearby bars, restaurants, and cultural attractions create a dynamic and desirable environment, enhancing the property's appeal to a wide range of potential tenants or customers. For investors, this property represents a secure and lucrative addition to any portfolio, offering a balanced mix of commercial stability and residential demand. The dual income streams mitigate risk and provide consistent returns. For owner-occupiers, the flexibility to run a business from the ground floor whilst potentially residing in or letting out the upper residential units offers an unparalleled lifestyle and business synergy. The bar, with its prominent street presence, offers excellent visibility and footfall, crucial for business success. The residential units are designed to attract quality tenants, benefiting from the central location and access to amenities. There is also potential to convert/ operate them as Serviced Accommodation to compliment the Bar which would enhance the capital value as well as increase revenue. In addition, to the rear of the building there is potential for further development subject to planning permission. Initial enquiries have been made and with positive responses. The City of Worcester, benefits from exceptional connectivity and transport links, ensuring ease of access and convenience for both commercial clients and residential tenants. In addition, the University of Worcester brings a strong student presence, and high proportion of young adults. Worcestershire itself is a thriving county, known for its picturesque landscapes, historic market towns, and growing economy. Investing in 15 New Street means investing in a location with strong economic fundamentals and a high quality of life, which consistently attracts residents and businesses alike. The demand for both commercial spaces in prime locations and well-situated residential accommodation remains consistently high, ensuring the long-term viability and profitability of this investment. This is a rare chance to acquire a high-performing, mixed-use property in a prime UK location. Whether you are an experienced investor looking to expand your portfolio with a high-yield rental asset, or an owner-occupier seeking a strategic base for your business with additional income potential, 15 New Street offers an unmissable opportunity. Early viewing is highly recommended to fully appreciate the scope and potential of this exceptional property.

Contact:

Platinum Property Agents

Property Subtype:

Restaurant

Date on Market:

19/06/2026

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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 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 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 Angel Pl, Worcester - Retail for Sale

Angel Mall - Angel Pl

Worcester, WR1 3QN

  • Retail for Sale
  • Price Upon Request
  • 5,319 sq ft
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FAQs about Worcester Grocery & Local Shops For Sale

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How many Grocery or Local Shop listings are available for sale in Worcester?
There are currently 3 Grocery & Local Shops on the market in and around Worcester.
How much does it cost to buy Grocery or Local Shop in Worcester?
Asking prices in Worcester range from £109 to £217, with a median of £146. Price depends on size, tenure and condition.

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