Sold STC

Shaw Street

Worcester

Offers in excess of

551 sq. ft.

Tenant Info

01905 734 734

Please quote reference number AHA240172

A versatile ground-floor office/retail space in the heart of Worcester City Centre, perfect for investors or business owners seeking prime location and great returns.

• A2 consent self-contained ground floor office/retail space.

• Modern, well-lit interiors with flexible layout options.

• Approximate rental income of £10,000 per annum.

• Located in a prime position in Worcester City Centre.

• Excellent investment opportunity with strong business potential.

The main room
The primary open-plan office area boasts a spacious, flexible layout ideal for a range of business uses. It features modern suspended ceilings, inset category II lighting and plenty of natural light. The neutral decor and flooring make it a blank canvas, ready for customisation. This room is equipped with multiple electrical outlets and full gas central heating, ensuring functionality and comfort for any business setup.


The second room
This private office or meeting room provides a quieter, separate workspace ideal for focused tasks or client consultations. It is equipped with heating and has sufficient electrical points, making it a practical addition to the property. The room is well-lit and compact, ensuring efficient use of space.


The kitchenette and WC
A well-maintained bathroom and kitchenette add convenience to this property. The kitchenette features a clean and compact design with a Worcester combi boiler providing central heating and hot water. The bathroom is simple and practical, offering a convenient facility for staff or clients.


Disclaimer
Please note that the vendor of this property is a relative of an employee of Andrew Grant.

Mains electricity, water and drainage.

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 highlighted in a survey that 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.

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.