Restaurants in WR3 available for sale
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Restaurants for Sale near WR3, Worcester

Restaurants for Sale Within 5 miles of the WR3, 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 Angel Pl, Worcester - Retail for Sale

Angel Mall - Angel Pl

Worcester, WR1 3QN

  • Retail for Sale
  • Price Upon Request
  • 5,319 sq ft
See More
More details for 19 Farmers Way, Droitwich - Retail for Sale

Fox & Goose - 19 Farmers Way

Droitwich, WR9 9EQ

  • Retail for Sale
  • Price Upon Request
  • 4,911 sq ft
See More

FAQs About Restaurants For Sale in WR3

See All Restaurants For Sale
How many restaurants are currently available for sale in WR3?
There are currently 0 restaurant properties available for sale. Sizes range from to , with an average size of.
How much does restaurant property cost in WR3?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, trading potential, fit-out quality, size and local demand.
What factors influence restaurant property values?
Location, footfall, visibility, accessibility, seating capacity, kitchen facilities, extraction systems and trading history can all influence value. Properties with established fit-outs or strong trading locations may attract additional buyer interest.
What sizes of restaurant property are available?
Available properties range from to , with an average size of. Opportunities may suit independent operators, expanding hospitality businesses and larger restaurant groups.
What should I consider before buying a restaurant property?
Important considerations include location, customer footfall, visibility, kitchen specification, extraction systems, storage space, licensing requirements, accessibility and future operating costs. Buyers should also assess the property's suitability for their concept and target market.
Can I buy a fully fitted restaurant?
Some restaurant properties are sold with an existing fit-out, including kitchen equipment, extraction systems, seating areas and customer facilities. Others may require refurbishment or a complete reconfiguration before opening.
Do restaurant properties require specific licences?
Depending on the intended operation, licences may be required for alcohol sales, late-night trading or entertainment. Buyers should verify existing licences and understand any local authority requirements before completing a purchase.
Can I change the use of a restaurant property?
Many restaurant properties fall within Use Class E, which may allow flexibility between restaurant, café, retail, office and other commercial uses. However, any proposed change should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review planning permissions, licences, title documents, building condition reports, environmental matters and any existing operational infrastructure. Professional legal and surveying advice is recommended before proceeding.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance, refurbishment works and any upgrades required to meet operational or regulatory standards.
Can restaurant properties be attractive investments?
Restaurant properties can generate income through occupational leases and may benefit from strong locations with consistent customer demand. As with any investment, buyers should assess tenant quality, lease terms, local market conditions and long-term growth prospects.

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