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48-50, High Street

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WR1 2QB Worcester
Ref: 12739

  • 50,037.00 ft² (4,648.59 m²)
  • 8,825,000
  • 6.00 Initial Yield

Description

Description

• Prime High Street Retail Investment

Investment Summary

• Located in the historic Cathedral City of Worcester
• Attractive and affluent retailing centre
• 100% prime pitch on the pedestrianised section of High Street, opposite the Crowngate Shopping Centre
• Well-configured large store with dual frontage, providing excellent sales accommodation
• Tenant has recently removed their break option and regeared the lease
• The tenant has recently carried out a store refit
• Let to the undoubted covenant of TJX UK (TK Maxx), with a DAB rating of 5A1 - 100 out of 100
• Unexpired term in excess of 9 years to expiry
• Strong prospects for future rental growth
• Freehold

Energy Rating

Energy Rating

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Contact

Contact
Christopher Robinson
Jonathan Heptonstall
Frankie Maddox
  Details

JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:

  1. The particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
  2. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
  3. No person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
  4. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken.

For properties in Scotland:

  1. This correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law.

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