Available
Worcester – 6 Shops Retail Centre Portfolio
Reindeer Court, Worcester, Worcestershire WR1 2DS5 Freehold & 1 Virtual Freehold Retail Portfolio Investment
Price
£940,000
Rent P.A.
£69,500
Yield
7.39%
Tenure
Freehold
Lease Term
Multiple
Years Left on Lease
3y 6m
Area
6,218 SQ FT
VAT Applicable
Yes
Sector
Investment Consideration
- Comprises portfolio of 6 shops, located within Reindeer Court Retail Centre
- 100% occupancy rate
- Reindeer Court is a retail centre located between pedestrianised The Shambles and New Street, which is home to retailers such as JD Sports, M&S, Greggs, Café Nero, Vodafone, TK Maxx and more.
Key Features
Tenure
Freehold
VAT
VAT is Applicable
Tenancies & Accommodation
Location Description
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.
