Prominent building close to High Street with approximately 5,563.79 sq m (59,888 sq ft)
Excellent Asset Management Opportunity to Redevelop (subject to consents), Refurbish or Relet
Close proximity to The Swan Shopping Centre and the Rowland Hill Centre
Nearby occupiers include WH Smith, Poundland, H Samuel and Game
For the Seller's Legal Pack, please click the Property Documents tab below
For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
Lot 59
Auction 11th February 2016
Vacant Possession
Status Sold
Price £415,000
Sector High Street Retail
Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On Behalf of Joint LPA Receivers
Property Information
Location
Miles
14 miles north of Worcester, 17 miles south of Wolverhampton and 19 miles south-west of Birmingham.
Roads
A448, A456, M5, M42
Rail
Kidderminster Rail
Air
Birmingham International Airport
Situation
The property is situated at the northern end of Worcester Street at its junction with the High Street. The pedestrianised thoroughfare benefits from pedestrian flow between The Rowland Hill Shopping Centre located directly opposite, and The Swan Shopping Centre which houses retailers such as Argos, Vodafone and Nationwide Building Society. Other nearby occupiers include WH Smith, Poundland, H Samuel Jeweller and Game.
Tenure
Freehold.
Location
Miles
14 miles north of Worcester, 17 miles south of Wolverhampton and 19 miles south-west of Birmingham.
Roads
A448, A456, M5, M42
Rail
Kidderminster Rail
Air
Birmingham International Airport
Situation
The property is situated at the northern end of Worcester Street at its junction with the High Street. The pedestrianised thoroughfare benefits from pedestrian flow between The Rowland Hill Shopping Centre located directly opposite, and The Swan Shopping Centre which houses retailers such as Argos, Vodafone and Nationwide Building Society. Other nearby occupiers include WH Smith, Poundland, H Samuel Jeweller and Game.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit with first, second and third floor ancillary accommodation. The property benefits from a rear service yard and loading bay.
Six Week Completion
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are
acting in respect of this sale without personal liability.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Georgina Roberts. Telephone: +44 (0)20 7034 4863.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit with first, second and third floor ancillary accommodation. The property benefits from a rear service yard and loading bay.
Six Week Completion
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are
acting in respect of this sale without personal liability.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Georgina Roberts. Telephone: +44 (0)20 7034 4863.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
GIA Floor Areas (Approx)
Possession
Ground
Retail
1,566 sq m
(16,860 sq ft)
VACANT POSSESSION
First
Ancillary
1,734 sq m
(18,667 sq ft)
Second
Ancillary
1,743 sq m
(18,762 sq ft)
Third
Ancillary
931 sq m
(10,021 sq ft)
Fourth
Ancillary
58.90 sq m
(612 sq ft)
Totals
6,033 sq m
(64,922 sq ft)
Contacts
Seller's Solicitors
Trowers & Hamlins The Senate, Southernhay Gardens Exeter EX1 1UG
