Status: For Sale
Worcester Prominent Mixed Use Investment
- 142 London Road, Worcester WR5 2EB
- 1,569 sq ft (145.78 sq m) NIA
- £220,000 for the freehold
142 London Road lies to the east of Worcester city centre along the main arterial road of London Road. London Road runs north west towards Sidbury which provides direct access into Worcester city centre and conversely London Road also provides direct access out to Junction 7 of the M5 motorway and the Southern Link Road. Given the inflow of traffic into the city centre, London Road is a highly exposed area that has been popular among independent retailers.
The property comprises an end of terrace two storey building that is arranged over the ground and first floors. The property is a mixed-use building offering a self-contained lock up shop to the ground floor and self-contained two bedroom flat over the first floor.
The ground floor retail accommodation is currently used as a launderette on a lease running until March 2024 for £10,800 per annum. The residential upper parts are accessed via a rear external staircase which leads into a centralised hallway which provides a living room, two bedrooms, a family bathroom and kitchen area. The flat is currently let on an AST agreement for £7,500 per annum.
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