4 Richmond Rd | Malvern WR14 1NE
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4 Richmond Rd
Malvern WR14 1NE
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Established mixed retail & residential location within Malvern Link town centre.
- Comprising two separate ground floor retail units of 1,081 sq. ft.
- Fully let to two established tenants.
EXECUTIVE SUMMARY
Tenure
Freehold, subject to existing tenancies.
Tenancy
Unit 1 – Trading as Sunbeans café & sunbeds and let for a term of 5 years from 27/02/24, expiring 26/02/29, at a passing rent of £8,750 pa.
Unit 2 – Trading as Luxury Cutz and let for a term of 5 years from 01/03/22, expiring 28/02/27, at a passing rent of £7,500 pa.
The combined total rental income is £16,250 per annum.
Price
£145,000+ plus fees. The property is due to be entered into our next auction on December 11th, if not sold prior.
Freehold, subject to existing tenancies.
Tenancy
Unit 1 – Trading as Sunbeans café & sunbeds and let for a term of 5 years from 27/02/24, expiring 26/02/29, at a passing rent of £8,750 pa.
Unit 2 – Trading as Luxury Cutz and let for a term of 5 years from 01/03/22, expiring 28/02/27, at a passing rent of £7,500 pa.
The combined total rental income is £16,250 per annum.
Price
£145,000+ plus fees. The property is due to be entered into our next auction on December 11th, if not sold prior.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,081 SF
Building Class
B
Year Built
1940
Price
$187,700
Price Per SF
$173.64
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.05 AC
Frontage
61’ on Richmond Road
AMENITIES
- Storage Space
1 of 4
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