Status: Sold

Malvern Prime Retail Investment Premises

  • 1B Court Road, Barnards Green, Malvern WR14 3BS
  • 640 sq ft (59.46 sq m) NIA
  • Guide Price £170,000 for the freehold

The property is situated in one of the main retail areas within close proximity of Great Malvern town centre in a parade of shops with good quality local and national businesses close by.

The property comprises a mid-terrace single storey retail premises of brick construction surmounted by a flat roof.

The retail accommodation comprises a good sized sales area, a store room, a kitchen and wc facilities.

Retail Area 452 sq ft 41.99 sq m
Store 168 sq ft 15.61 sq m
Kitchen 20 sq ft 1.86 sq m

Tenure:

The property is to be sold freehold subject to the existing occupational lease.

Lease details:
The shop is let to St Richards Hospice on a full repairing and insuring basis for a term of 9 years from 16 August 2011. The rent increased in August 2014 from £11,500 per annum to £12,250 per annum. There is one further rent review where the tenant has the option to break the lease upon the giving of 3 months’ notice.

Energy Performance Certificate (EPC):
The property has an energy performance rating of C.

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