Land for sale

Lock Steet, Worcester WR5

Rare opportunity to purchase a single garage plot with potential to rebuild, located in a convenient town setting close to local amenities, schools, and transport links.

Description

Vacant garage plot offering future potential.

Opportunity to rebuild or develop subject to planning.

Central town location with excellent local amenities.

This single garage plot, with the former garage now demolished, offers an excellent opportunity for those seeking storage or a rebuild project (subject to planning consent). Positioned within a well-established residential and mixed-use area, the site provides scope to create a new garage or potentially explore alternative uses. The plot benefits from its highly convenient location near Worcester city centre, with a wide range of local shops, supermarkets, and leisure facilities all within easy reach. The area is also well served by schools and community amenities. Excellent road and rail connections make commuting straightforward, with nearby access to Worcester Foregate Street and Shrub Hill stations, along with routes towards Birmingham, Cheltenham and beyond.

Location

The garage plot is situated in a highly convenient position within Worcester, WR5, offering easy access to the city centre and surrounding areas. Worcester is a well-established and historic city, providing a wide range of everyday amenities including supermarkets, independent shops, leisure facilities, and eateries, all within close proximity to the site.

The local area is well served by schools, catering for all age groups, making it a practical location for families. Community services and recreational spaces are also nearby, further adding to the appeal of the setting.

Transport connections are excellent, with Worcester Foregate Street and Shrub Hill railway stations both within easy reach, providing direct services to Birmingham, Cheltenham, and further afield. The road network is equally convenient, with nearby access to major routes such as the M5, ensuring straightforward travel to regional centres.

This combination of local amenities, strong transport links, and established community facilities makes the location not only practical but also highly desirable for a variety of future uses.

Fees

Reservation Fee - refundable on exchange

A reservation fee, refundable on exchange, is payable prior to the issue of the Memorandum of Sale and after which the property may be marked as Sold Subject to Contract. The fee will be reimbursed upon the successful Exchange of Contracts.

The fee will be retained by Andrew Grant in the event that you the Buyer withdraws from the purchase or does not Exchange within 6 months of the fee being received other than for one or more of the following reasons:

1. Any significant material issues which individually are more than 1% of the agreed purchase price and are highlighted in a survey and were not evident or drawn to the attention of you, the Buyer, prior to the Memorandum of Sale being issued.
2. Serious and material defect in the seller’s legal title.
3. Local search revealing a matter that has a material adverse effect on the market value of the property that was previously undeclared and not in the public domain.
4. The vendor withdrawing the property from sale.

The reservation fee will be 0.5% of the accepted offer price for offers below £800,000 and 1% for offers of £800,000 or over. This fee, unless specified otherwise, is payable upon acceptance by the vendor of an offer from a buyer and completion of an assessment of the buyer’s financial status and ability to proceed.

Should a buyer’s financial position regarding the funding of the property prove to be fundamentally different from that declared by the buyer when the Memorandum of Sale was completed, then the Vendor has the right to withdraw from the sale and/or the reservation fee retained. For example, where the buyer declares themselves as a cash buyer but are in fact relying on an unsecured sale of their property. The reservation fee will not be refunded where there is an inability on the part of the Buyer to raise any required mortgage after the Memorandum of Sale is completed.

Once the reservation fee has been paid, any renegotiation of the price stated in the memorandum of sale for any reason other than those covered in points 1 to 3 above will lead to the reservation fee being retained. A further fee will be levied on any subsequent reduced offer that is accepted by the vendor. This further fee will be subject to the same conditions that prevail for all reservation fees outlined above.