37 Sidbury

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37 Sidbury

WR1 2HT, worcester


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 £.

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