Commercial property
To let
Unit 1 Blackpole Retail Park, Blackpole Road, Worcester

Leasehold
12395 sq ft
Summary
Location
Blackpole Retail Park is part of an established retail location on Blackpole Road (B4550), to the north of the town centre.
Retailers on the park include Pets At Home, Carpetright, Harveys, Curry’s and McDonalds and 470 car spaces and close to Sainsbury’s and Elgar Retail Park, Homebase, Next Home, Dunelm and Home Sense.

Opportunity
Lidl have relocated opposite the scheme entrance to a purpose built supermarket.

Size
The floor area described in the lease is 12,395 sq ft with rear loading area.

Tenure
The lease is for a term of 25 years from 25 December 1997, expires 2022, subject to 5 yearly upward only rent reviews, the next review is 2017.

Current Rent
£255,000 pax

Use
Currently used as a supermarket with ancillary storage.

Service Charge
Approximately £20,000 per annum, exclusive of VAT.

VAT
All figures quoted are exclusive of VAT.

EPC
The property has an energy rating Grade B (41). The full report is available on request.

Business Rates
The Valuation Office Agency assessment on their website (www.voa.gov.uk) is as follows:

RV (2010) £247,000
UBR 49.7p
RV (2017) £207,000

Legal Costs
Each party to be responsible for their own legal costs incurred in the transaction.

Enquiries

James Lankfer
01223 558559
james.lankfer@bidwells.co.uk
Uses
Food Store
A1 Shops
Done
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