Property Company clients of ours have purchased a prime shop in The Shambles in Worcester at a figure of £800,000 reflecting a net return of 9.2%.
Occupying a prime position close to M&S, TK Maxx, Argos and Blacks, the property, which extends to 4,140 sq ft over two floors, is let to JD Sports Fashion Plc on a lease expiring in July 2023 at a current rent of £77,000 pa.
Fisher German acted for the vendor in the sale.
