SOLD - Lowesmoor Wharf, Worcester


SOLD - Lowesmoor Wharf, Worcester

  • Prominently located in Worcester city centre
  • A warehouse and office park extending to approximately 62,187 sqft.
  • Let in its entirety to Lowesmoor Wharf Developments Limited for a term of 125 years from 29th September 1980, (in excess of 89 year unexpired).
  • Low current rent of £75,000 per annum.
  • Attractive upward only 5 yearly reviews.
  • Outstanding 2014 review allowing for immediate reversion.
  • Offers sought in excess of £1,200,000 (One Million Two Hundred Thousand Pounds) which reflects a net initial yield of 5.91% and a reversionary yield of 9.37% assuming purchasers’ costs of 5.8% have been applied.
No ACF gallery field data found

Downloads

Click below to download the sales particulars:

Further Information

If you would like any further information on the above property please get in touch with us.
Get in touch

Subscribe to the MK2 mailing list:

MK2 Real Estate | 4th Floor | One Seven Two Edmund St | Birmingham | B3 2HB
RICS
© MK2 Real Estate 2018. All Rights Reserved. Site by Diablo
usersdownload linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram