The property is set over five floors. with air-conditioned open plan retail on the ground floor There is open plan retail on the ground floor with two toilets one being a disabled toilet and a kitchenette. The first floor is suitable for office use with offices to the front to the rear of the premises with a staircase running up through the middle. The remaining second and third is suitable for storage space. There is no access to the fourth floor as a precaution to protect the roof.
Location
The property is located on Broad Street in Worcester city centre, near to the bus station and Foregate Street Train Station. The property is opposite HSBC and near to the Broad Street entrance of Crown Gate Shopping Centre.
Accommodation
Ground Floor - 53.36m² (574ft²)
First Floor compromising of two offices - 30.58m² (329ft²)
Second floor compromising of two offices - 31.25m² (336ft²)
Third floor compromising of front and rear storage - 23.34m² (251ft²)
Terms
Lease Terms
3-5-year lease terms are anticipated on a full repairing and insuring lease.
On a stepped rent increasing to £12,000 over 3 years
Year 1 £6,XXXa
Year 2 £7,XXXa
Year 3 £12,000
Services - This retail unit benefits from mains water and drainage, electricity, and gas central heating.
Legal costs and VAT - Each party will be responsible for their own legal costs associated with the preparation of the lease The property is not elected for VAT.
EPC - Energy Efficiency Rating: E
Business Rates - The rateable value 2017 listing at £22,000 per annum.
Specification
- Incentives Available including Stepped rent.
- Central Retail Premises to Let
- Extending to 138.47m² (1491ft²)