Shop
DRAFT DETAILS
The property comprises a Grade II listed, mid terrace building of traditional masonry construction, arranged over ground and three upper floors, providing retail accommodation throughout and the potential for conversion to a three bedroom residential dwelling with separate access on the upper floors via creating a separate entrance to the front.
The ground floor of the property is accessed off Mealcheapen Street with a glass frontage and a well fitted out trading area with laminate flooring and false ceiling. There is a treatment room and access to a rear courtyard, large cellar (which we have been advised has been lined and had new beams installed) along with stairs leading to the upper floors.
Upon inspection, the premises were occupied by a chiropodist (S J Foot Care) with a Tenancy at Will, notice to vacate having been served for vacant possession upon.
The property is located along Mealcheapen Street in the city of Worcester within the central shopping area and being a main pedestrian thoroughfare from St Martin's Quarter Retail Park through to the High Street.
The central location means the property is well served by public pay and display city centre car parking, with Foregate Street Train Station and Worcester Bus Station, both within a close proximity.
In the vicinity are a number of national and local retailers along with a number of public houses restaurants and bars serving Worcesters vibrant night life.
The current owner has had plans drawn up to create a separate entrance internally which would allow the creation of a three bedroom apartment on the upper floors and keep the commercial unit below subject to planning consent. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Landing, kitchen area, W/C and double room
Landing and two double rooms
Landing and two double rooms
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
Auction Deposit and Fees
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
