15 New Street, Worcester, WR1 2DP
Freehold mixed use mid terraced property in Worcester
Please note the former restaurant is licensed to sell alcohol- Updated 12/10/2023 @ 16:56
Furthermore the Airbnb apartment was launched on the 20/05/23 and up to 22/10/23 we are advised that it has generated an income of £14,113.66. As such the property has great potential to increase this income significantly, with the addition of further units.- Updated 24/10/2023 @14:02
An Attractive Freehold Former City Centre Restaurant With Part Converted Upper Floors Comprising Studio Apartment And One Very Well Appointed One Bedroom Flat Located Within An Established Hospitality Circuit, having further potential to convert the upper floors
Property DescriptionAn attractive three storey mid terrace plus basement, comprising on the ground floor a former well established Bistro with a fitted commercial kitchen and access to a rear courtyard. Part of the first floor has been converted into a well presented Airbnb apartment with modern styling throughout. There are two further rooms offering the potential for a similar conversion, whilst on the second floor there is a very well presented self contained one bedroom apartment complete with open plan kitchen and sitting room with new integrated appliances and modern stylish bathroom. These conversions have been undertaken to a very high standard whilst retaining many of the original period features and character. We have not undertaken a measured survey of the premises but understand they extend to approximately 2,933 sq. ft (272.5sq. m). All interested parties are advised that they should seek their own verification of areas and dimensions for their proposed future use.
LocationThe property occupies a prominent position fronting New Street within the heart of Worcester City Centre. New Street is full of Character buildings and forms part of the local hospitality circuit with a wealth of independent shops, restaurants, cafes, pubs, clubs, tea rooms and leisure amenities.
Energy Performance RatingSee legal pack.
TenureFreehold – Vacant possession upon completion.
Value Added TaxWe understand VAT is applicable on this transaction.
Auctioneer's NotePlease note offers may be considered prior to the Auction Sale.
ViewingsStrictly by appointment with the Auctioneers.
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 all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
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COSTS AT AUCTION
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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. The legal pack is available to download free of charge under the ‘lot information’. 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.