Standout Features
- Investment Opportunity
- £46,640 (9.32%) Annual Return
- Freehold Property
- Mixed Use Premises
- Three Apartments & Commercial Unit
- Accommodation Over Four Floors
- Tastefully Converted Residential Flats
- Generous Office Space
- Off Road Parking
- Central City Location
Property Description
*** INVESTMENT OPPORTUNITY ***
*** FREEHOLD TENURE ***
This substantial mixed use property comprises: a ground floor shop and offices of approximately 1,290sqft plus a basement of approximately 860sqft; three self-contained apartments, two at 1,290sqft with three bedrooms and one at 530sqft with one double bedroom.. All units are currently tenanted and the premises currently generates an annual income of £46,640 per annum, providing a return of 9.32% at £500,000.
The property is locater in the heart of Worcester City Centre, just a short walk to Foregate Street Railway Station. The building further benefits from off road parking accessed from Farrier Street to the rear.
GROUND FLOOR & BASEMENT
SHOP & OFFICES Providing total accommodation of approximately 1,290sqft, comprising: a large air conditioned shop/office with high street access and window; rear hallway and access; ladies and gents toilets; kitchen; and two offices.
The premises have gas-fired central heating and car parking to the rear.
EPC band C
Business rates valuation £13,000
BASEMENT
The basement amounts to approximately 860sqft.
FIRST FLOOR
FLAT 1, 45A FOREGATE STREET A spacious self-contained apartment of approximately 1,290sqft, comprising: a hall; lounge; fitted kitchen & dining room; rear hallway; large bathroom; utility room; store room; and three bedrooms.
The flat has gas-fired central heating and a fire escape to the rear.
EPC band B
Council tax band C
SECOND FLOOR
FLAT 2, 45A FOREGATE STREET A spacious self-contained apartment of approximately 1,290sqft, comprising: a hall; lounge; fitted kitchen & dining room; rear hallway; large bathroom; utility room; store room; and three bedrooms.
The flat has gas-fired central heating and a fire escape to the rear.
EPC band C
Council tax band C
THIRD FLOOR
FLAT 3, 45A FOREGATE STREET This top floor apartment offers accommodation of approximately 530sqft, comprising: a hall; open-plan living room and kitchen; double bedroom; shower room; and a study/dressing room.
The flat has gas-fired central heating.
EPC band D
Council tax band A
*** FREEHOLD TENURE ***
This substantial mixed use property comprises: a ground floor shop and offices of approximately 1,290sqft plus a basement of approximately 860sqft; three self-contained apartments, two at 1,290sqft with three bedrooms and one at 530sqft with one double bedroom.. All units are currently tenanted and the premises currently generates an annual income of £46,640 per annum, providing a return of 9.32% at £500,000.
The property is locater in the heart of Worcester City Centre, just a short walk to Foregate Street Railway Station. The building further benefits from off road parking accessed from Farrier Street to the rear.
GROUND FLOOR & BASEMENT
SHOP & OFFICES Providing total accommodation of approximately 1,290sqft, comprising: a large air conditioned shop/office with high street access and window; rear hallway and access; ladies and gents toilets; kitchen; and two offices.
The premises have gas-fired central heating and car parking to the rear.
EPC band C
Business rates valuation £13,000
BASEMENT
The basement amounts to approximately 860sqft.
FIRST FLOOR
FLAT 1, 45A FOREGATE STREET A spacious self-contained apartment of approximately 1,290sqft, comprising: a hall; lounge; fitted kitchen & dining room; rear hallway; large bathroom; utility room; store room; and three bedrooms.
The flat has gas-fired central heating and a fire escape to the rear.
EPC band B
Council tax band C
SECOND FLOOR
FLAT 2, 45A FOREGATE STREET A spacious self-contained apartment of approximately 1,290sqft, comprising: a hall; lounge; fitted kitchen & dining room; rear hallway; large bathroom; utility room; store room; and three bedrooms.
The flat has gas-fired central heating and a fire escape to the rear.
EPC band C
Council tax band C
THIRD FLOOR
FLAT 3, 45A FOREGATE STREET This top floor apartment offers accommodation of approximately 530sqft, comprising: a hall; open-plan living room and kitchen; double bedroom; shower room; and a study/dressing room.
The flat has gas-fired central heating.
EPC band D
Council tax band A
Additional Information
Tenure:
Freehold
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45 Foregate Street, Worcester, WR1 1EE
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