£275,000

Retail premises for sale

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Sold STC
Auction
Leasehold

Guide price

£275,000

Retail premises for sale

2-4 Worcester Road, Malvern, Worcestershire WR14

Local area information

Property location

Nearby amenities

  • Malvern St James 0.5 miles
  • Great Malvern 0.5 miles
  • Malvern College 0.6 miles
  • Malvern Link 1 mile

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • The property is a virtual freehold (999 year ground lease) with effect from 25/12/2004 at a peppercorn. Vacant Possession will be given upon completion.
For Sale By Public Auction on 11 July starting at 08:30 am - An Attractive Vacant Ground Floor Virtual Freehold (999 Years Leasehold) Grade II Listed Former Bank Premises Considered Suitable For A Variety Of Alternative Uses Subject To Any Appropriate Planning Permission & Listed Building Consent

The property comprises an attractive Grade II listed former banking hall arranged over ground, and basement levels with a small mezzanine. This landmark property is considered to provide an excellent opportunity for a variety of alternative uses including restaurant, bar, coffee shop, offices, show room/retail, subject to any appropriate planning permission.

Accommodation
Ground Floor: 1,220 sq.ft (113 sq. M)
Basement: 850 sq. Ft (79 sq. M)

Location
The property occupies a prominent position fronting the A449 Worcester Road near it's junction with Church Street.
There is a vibrant mix of local traders and national operators within the vicinity including a mix of retail, restaurants, bars, coffee shops and professional offices.
Great Malvern lies at the foot of the Malvern Hills a designated Area of Outstanding Natural Beauty, it it a designated conservation area in recognition of the special architectural and historic interest of the town.
Great Malvern lies approximately 8 miles south west of Worcester City Centre and enjoys easy access to the Midland Motorway network via junction 7 of the M5 motorway.

Tenure
The property is a virtual freehold (999 year ground lease) with effect from 25/12/2004 at a peppercorn.
Vacant Possession will be given upon completion.

Value Added Tax
We understand VAT is not applicable on this transaction.

Auctioneer's Note
Please note offers may be considered prior to the Auction Sale.

Viewing Times
Strictly by appointment with the Auctioneers.

Live-streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.

Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer's gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £1,920 inc VAT (£1,600.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.

Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. The legal packs and further information about buying at auction are available on the Bond Wolfe's website.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Bond Wolfe Auctions. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bond Wolfe Auctions for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Worcestershire
  4. Malvern
  5. Worcester Road

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