The property is located at the junction of City Walls Road and Sidbury in Worcester City Centre, in the shadow of Worcester Cathedral.The ground floor retail premises currently operates as a cafe trading as the Deli Corporation. It is very prominently located at the junction with City Walls Road and Sidbury which is a busy junction.
It is located in close proximity to Worcester Cathedral , The Commandery and Edgar Tower, all popular tourist destinations. Vue Cinema is located in nearby Friar Street.The ground floor of the property is let to a Mr A R Mossadeghi, originally under a Lease dated 4 October 2004 for a term of 10 years.
This term has recently been extended for a further five years, expiring on 4 October 2019.
The Current passing rent is £7,500 per annum.
The first and second floor flat is held under a Lease dated 26 June 1995 for a term of 99 years. The current Ground rental received by the Freehold owner is £50 per annum.Ground Floor Retail - 700 sq ft (65 sq m)
Store - 81 sq ft (7.4 sq m)
Office - 164 sq ft (15.3 sq m)
TOTAL - 945 sq ft (87.8 sq m)£100,000. Freehold, subject to the occupational Lease on the ground floor. The upper parts have been sold off on a Long Leasehold basis.Rateable Value - £8,900
Rates Payable - £4,272
2015/2016 Rates payable 48p in the £.