Commercial premises suitable for a variety of uses to let.
Location
Gresham Road in Worcester offers a strategic commercial location, ideal for a wide range of businesses seeking accessible premises within close proximity to the city centre. With strong transport links and a mix of residential and light industrial activity in the surrounding area, properties on Gresham Road are well-positioned to attract both footfall and logistical convenience presenting a valuable opportunity for occupiers seeking flexible space in a practical and connected part of Worcester
Accommodation
The property accommodation provides the following:
Sales Area: 67.40m² (725 ft²)
Store Area: 23.08m² (248 ft²)
Staff Facilities: 21.32m² (229 ft²)
Terms
Services - It is understood that electric, water and foul water drainage are connected to the property. All interested parties are advised to make their own enquiries with the suppliers to ensure continuity of supply.
Service Charge - Service Charge details are to be finalised.
Tenure - Terms are anticipated to be negotiated in the region of 5-10 year lease on an Internal Repairing & Insuring Lease to include the shop frontage.
Rent - £12,000 pa
Business Rates - Current rateable value (1 April 2023 to present): £8,900
Vat - The property is elected for VAT and therefore will be charged as additional.
Legal Costs - Each party will be responsible for their own legal costs associated with the preparation of the lease.
Specification
- Available To Let Immediately
- 111.8m² (1203 ft²) NIA
- Suitable For A Variety of Businesses
- Business Rates: £8,900