4 Bedroom Terraced For Sale   |   Park Street, Worcester, Worcestershire, WR5 1AA   |   Guide Price £500,000 Sold

Summary

*Motivated to sell* An attractive, converted warehouse laid out over 3 floors comprising two residential apartments (1st and 2nd floor) and a commercial office space (ground floor) situated only 5 minutes' walk to the centre of Worcester.

DESCRIPTION

The Old Warehouse is an impressive building occupying an imposing position on Park Street close to the bustling high street which also includes a great selection of restaurants, bars, coffee shops, and cinema.

Formerly a warehouse it was converted (2006) into two well-designed, self-contained, residential apartments to combine a modern and unique lifestyle and a ground floor office which was renovated to a high specification including Cat cabling for telephone and broadband. Currently used by a recruitment agency as the current owner used to use the office space for in fact.

With walks along the River Severn, situated close to Worcester Cathedral, within easy access of local amenities and railway stations, Foregate Street and Shrub Hill, they really do make popular and convenient places to call home.

The most recent tenants have enjoyed living here so much they lived here for 4 years!

Introducing personality and character into each apartment they are contemporary, light and bright, spacious, warm, energy efficient, soundproofed and secure whilst retaining original features including vaulted ceilings, plenty of wooden sash windows, and a stable construction. 13a benefits from having a wide, rear terrace; rare for a city centre apartment.

No. 13, Park Street currently provides the vendor with a decent, long term revenue stream by privately renting out the apartments and office.

However, it also provides a number of good opportunities too. The commercial space on the ground floor along with it's generous parking could be used by a number of different businesses attracting accountants, solicitors, architects, designers, consultants etc who want to own a property, meet clients in a central location and financially save by not renting!

In our opinion, it could also be converted (STP) into a business providing a larger income. This could include a nursery/childcare, pet grooming, agency or private practice, e-retailer or other successful small business types...the options are endless.

The building is well looked after, double glazed through out, the Worcester Bosch boilers are serviced annually and lighting is low voltage, energy saving.

Viewings are highly recommended. Please contact Edward or Andrea who will be delighted to assist you today.

Ground Floor

COMMERCIAL OFFICE

Self-contained, air conditioned and secure office (1380 sq feet or 128 sq m total) with 7/8 private parking spaces at the rear.
Open plan office (35'7 x 25'3) with two additional meeting rooms, kitchen, WC's facilities and plenty of storage.
Gas central heating with a Worcester Bosch Greenstar combination boiler only 3 years old and under warranty; 7 years remaining. FREEHOLD

Currently let on a commercial lease. The term started September 2019 and ends September 2024 on a fixed rent. The tenant is open to breaking this agreement if it suits both parties.

Access can be gained via Park Street or to the rear from Lock Street.

Mixed use with potential for conversion to alternative uses (STP)

Rating assessment - Current rateable value (1 April 2017 to present) £5,500.00

VAT - All prices, premiums and rents etc are quoted exclusive of, but may be subject to VAT at the prevailing rate.

First Floor

13A

Open plan living room (19'9 x 15'7) with numerous sash windows allows south facing light to flood the room.

The kitchen including wood effect wall and base units, cream wall tiles, laminate worktops, integrated fridge freezer, 4 ring ceramic hob, single oven, plumbing for a washing machine and smart yet very practical vinyl floor tiles.

Two large double bedrooms quietly located at the rear of the building, a part-tiled family bathroom situated off the hallway with a white suite including shower over the bath, loo, and hand basin. FREEHOLD

Outside is a garden terrace laid with artificial grass.

Gas central heating. Good energy efficiency rating of 78% | C

Currently let on an assured short hold tenancy until June 2022. Lets for £800.00 + PCM (2022).

The landlord is then due to re-decorate throughout and replace all carpets.

WORCESTER CITY COUNCIL

Tax Band - A

Second Floor

13B

Open plan living room (19'9 x 15'7) with vaulted ceilings, cathedral views. and numerous windows allow south facing light to flood the room.

The kitchen includes wood effect wall and base units, wall tiles, laminate worktops, integrated fridge freezer, 4 ring ceramic hob, single oven, space c/w plumbing for a washing machine and dishwasher and smart yet very practical vinyl floor tiles.

Two large double bedrooms quietly located at the rear of the building and a part-tiled family bathroom situated off the hallway with a white suite including shower over the bath, loo, and hand basin.

There is also a ceiling hatch with loft access located in Bedroom 1. FREEHOLD

Gas central heating with a new Worcester Bosch Greenstar combination boiler installed this year and under 10 year warranty.

Good energy efficiency rating of 79% | C

Currently unoccupied but lets for £800.00 + PCM (2022).

The apartment has just been re-decorated throughout and all carpets have been replaced.

WORCESTER CITY COUNCIL

Tax Band - A

VIEWINGS

Strictly by prior appointment through the agents ChocolateBox - open everyday of the week including evenings and weekends.

Only if required, please feel free to contact us regarding finance via our specialist mortgage company.

CONSUMER PROTECTION FROM UNFAIR TRADING REGULATIONS 2008 (CPR)

We endeavour to ensure that the details contained in all our brochures are correct through making detailed enquiries with the owner but they are not guaranteed. The agents have not tested any appliance, equipment, fixture, fitting or service and have not seen the title deeds to confirm tenure. All liability in negligence of otherwise for any loss arising from the use of these particulars is hereby excluded.

MONEY LAUNDERING REGULATIONS

Require prospective purchasers to produce two original ID documents prior to any offer being accepted by the owners.

Location

LOCATION

Worcester is a wonderful city, one of the UK's most desirable and affluent, and offers everything that you could possibly wish to have. Attractions include the city centre with excellent retail and independent boutiques, Worcester Cathedral, river trips, museums, health clubs/gyms, cafes and a wide range of popular restaurants. Sport is well represented with rugby, cricket, cycling, football, basketball and horse racing.

Worcester is a Cathedral City located in the West Midlands and is the commercial and administrative hub for Worcestershire.

The local area has been deemed a very safe place to live with super fast broadband and only five minutes' walk to the centre of town.

Live music, theatre and touring comedians can be seen at the Guild Hall.

Worcester has a very good reputation for the wide selection of schools and colleges in the area. The University of Worcester is one of the fastest growing universities in the UK.

44 different bus routes are available from the bus station giving you plenty of options for public transport to neighbouring towns and villages.

There are also excellent links by road and rail: Worcester Foregate Street or Worcester Shrub Hill train stations have direct links to Malvern (8 mins), Cheltenham (25 mins), Birmingham (45 mins), Oxford (1 hour 5 mins), Reading (1 hour 30 mins), Bristol (1 hour 30 mins), and London Paddington (2 hour 5 mins) with Junction 6 & 7 of the M5 a short drive away. Gloucester, Cheltenham, Stratford-Upon-Avon, Leamington Spa, Broadway, Bristol, Cardiff and Birmingham all readily accessible.

The beautiful Cotswolds and Malvern Hills are both within easy reach too.

Energy Efficiency

Additional Information

For further information on this property please call 01684 600555 or e-mail info@chocolateboxhomes.co.uk