Property photos
£125,000
(£132.42/sq. ft)
Retail premises for sale
Reindeer Court, Worcester WR1944 sq. ft
Local area information
Property location
Nearby amenities
- Worcester Foregate Street 0.2 miles
- The King's School 0.3 miles
- Stanley Road Primary School 0.4 miles
- Worcester Shrub Hill 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Worcester to find out more about the local area.
Features and description
Investment Consideration:
Gross Initial Yield: 7.20%
Rental Income: £9,000 p.a.
VAT is applicable to this property
Comprises two-storey retail premises
Suitable for variety of uses (Class E)
Located inside Reindeer Court between The Shambles and New Street, which is home to retailers such as jd Sports, M&S, Greggs, Café Nero, Vodafone, tk Maxx and more.
Property Description:
Comprises ground floor retail premises with internally accessed first floor ancillary, providing the following accommodation and dimensions:
Ground Floor: 53 sq m (570 sq ft)
Open plan retail, storage
First Floor: 35 sq m (377 sq ft)
Ancillary, wc
Tenancy:
Property is at present let to an Dev Creative Ltd (with personal guarantee) for a term of 3 Years from 6th August 2025 at a current rent of £9,000 p.a. And the lease contains full repairing and insuring covenants. Rent review in February 2027 linked to rpi. Tenant option to determine in February 2027 with min 6 months notice. Deposit held of £2,250.
Location:
Worcester is a city in central England`s West Midlands region. The city is a major retail centre, with several covered shopping centres to accommodate the major chains and many independent shops and restaurants, particularly in Friar Street and New Street. The M5 Motorway runs north–south immediately to the east of the city. It is accessed by Junction 6 (Worcester North) and Junction 7 (Worcester South). Worcester has three stations. Worcester Foregate Street and Worcester Shrub Hill are in the city centre. A third station on the edge of the city, Worcestershire Parkway opened in 2020. The property is located within 0.3 miles from Worcester Foregate Street train station. Nearby occupiers include M&S, Greggs, jd Sports, Costa Coffee and Waterstones, amongst many more.
Gross Initial Yield: 7.20%
Rental Income: £9,000 p.a.
VAT is applicable to this property
Comprises two-storey retail premises
Suitable for variety of uses (Class E)
Located inside Reindeer Court between The Shambles and New Street, which is home to retailers such as jd Sports, M&S, Greggs, Café Nero, Vodafone, tk Maxx and more.
Property Description:
Comprises ground floor retail premises with internally accessed first floor ancillary, providing the following accommodation and dimensions:
Ground Floor: 53 sq m (570 sq ft)
Open plan retail, storage
First Floor: 35 sq m (377 sq ft)
Ancillary, wc
Tenancy:
Property is at present let to an Dev Creative Ltd (with personal guarantee) for a term of 3 Years from 6th August 2025 at a current rent of £9,000 p.a. And the lease contains full repairing and insuring covenants. Rent review in February 2027 linked to rpi. Tenant option to determine in February 2027 with min 6 months notice. Deposit held of £2,250.
Location:
Worcester is a city in central England`s West Midlands region. The city is a major retail centre, with several covered shopping centres to accommodate the major chains and many independent shops and restaurants, particularly in Friar Street and New Street. The M5 Motorway runs north–south immediately to the east of the city. It is accessed by Junction 6 (Worcester North) and Junction 7 (Worcester South). Worcester has three stations. Worcester Foregate Street and Worcester Shrub Hill are in the city centre. A third station on the edge of the city, Worcestershire Parkway opened in 2020. The property is located within 0.3 miles from Worcester Foregate Street train station. Nearby occupiers include M&S, Greggs, jd Sports, Costa Coffee and Waterstones, amongst many more.
More information
Listed by
Blue Alpine Partners
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