Retail in WR4 available for sale
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Retail Properties for Sale near the WR4, Worcester

Retail Properties for Sale Within 5 miles of the WR4, Worcester

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 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 50 Broad St, Worcester - Retail for Sale

50 Broad St

Worcester, WR1 3LR

  • Retail for Sale
  • 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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More details for 3 The Cross & Chandlery House – for Sale, Worcester

3 The Cross & Chandlery House

  • Mixed Types for Sale
  • £1,300,000
  • 2 Properties | Mixed Types
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FAQs about Retail property for sale in WR4

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in WR4?
There are currently 0 Retail Properties available for sale near WR4. These WR4 Retail Property listings have an average size of. The largest available listing in WR4 is. The thriving commercial centre and excellent transport links in WR4 make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in WR4?
The average price/SF for Retail Property for sale in WR4 is about. The cost per sq ft for Retail Property in WR4 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in WR4?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in WR4?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in WR4 is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the WR4, Worcester

With 0 retail units currently available for sale in WR4, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in WR4, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in WR4, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in WR4 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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