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3 The Cross - Cadena Local commercial | 171 m²
À PROPOS 3 THE CROSS , WORCESTER , WOR WR1 3PZ
| Prix | Pas individuellement en vente | Sous-type de bien | Restaurant |
| Surface de l’immeuble | 171 m² | Classe d’immeuble | B |
| Type de bien | Local commercial |
| Prix | Pas individuellement en vente |
| Surface de l’immeuble | 171 m² |
| Type de bien | Local commercial |
| Sous-type de bien | Restaurant |
| Classe d’immeuble | B |
RÉSUMÉ ANALYTIQUE
This investment opportunity forms part of a wider portfolio sale, offering a strong blend of retail, and office accommodation in a prime location. The purchase reflects a Net Initial Yield of 6.82%, rising to 9.15%, assuming standard purchaser’s costs.
The property benefits from planning permission (Ref: 20/00239/FUL) to create a roof terrace for Café Cadena. The tenant has confirmed plans to implement this enhancement, with works scheduled to commence in January 2026. The roof terrace will be fully funded by the tenant at an estimated cost of circa £170,000, demonstrating their long-term commitment to the premises and the strength of the covenant.
The property benefits from planning permission (Ref: 20/00239/FUL) to create a roof terrace for Café Cadena. The tenant has confirmed plans to implement this enhancement, with works scheduled to commence in January 2026. The roof terrace will be fully funded by the tenant at an estimated cost of circa £170,000, demonstrating their long-term commitment to the premises and the strength of the covenant.
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