Retail Investment
21 The Shambles , Worcester, WR1 2RA
- 11
Key features
Guide Price: *
£175,000
Fees apply
Buyer's fee:£2,400
Admin fee:£1,200
Legal fee:£542.40
All fees include VAT at 20%
Holding Deposit: *£2,600
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Highest bid:
£180,000Bid history
2 bidsP
16/06/2021 10:27:13 - £180,000
F
16/06/2021 08:40:45 - £175,000
The ground floor comprises an open plan sales area with ancillary store to the rear. The first floor is utilised for storage. A kitchenette and w/c are located at first floor level.
Worcester is a Cathedral City with a population of just over 100,000 on the banks of the River Severn.
Worcester is readily accessible by road, rail and air. Junctions 6 and 7 of the M5 provide easy access to the motorway network and Birmingham airport whilst the City has 2 railway stations, Foregate Street and Shrub Hill.
A new Station, Worcestershire Parkway, is being constructed close to J7 of the motorway, which will provide sustainable access to regional and national destinations including the south-west, north-east, London and the Thames Valley.
The building is located in The Shambles, a pedestrianised shopping street in Worcester City Centre.
Having just recently undergone a refurbishment, it is a popular destination for shoppers.
The Shambles is home to a number of national and local retailers, and coffee shops, Including; JD Sports, Marks and Spencer, The Entertainer, Greggs, Caffe Nero, Vodafone and Card Factory.
In addition Reindeer Court is a part covered arcade housing many boutique retailers.
(a) £542.00 to the seller, being the costs of providing the searches disclosed as part of the auction pack on completion; and
(b) a Buyer’s Fee of £2,400 (including VAT) on exchange and an additional Admin Fee of £1,200 (including VAT) as outlined in the particulars for the Lot.
Summary
- Auction end
- 16th Jun at 11:00
- Property type
- Commercial
- Tenure
- Ask Agent
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- Ask Agent
Summary
- Auction end
- 16th Jun at 11:00
- Property type
- Commercial
- Tenure
- Ask Agent
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- Ask Agent
This property is being sold by:

Worcester
01905 726220
Global House, Hindlip Lane, Worcester, WR3 8SB
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Fisher German Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Fisher German Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.