Worcester
Castle Street
WR1 3AD
0.10 Hectare (0.24 Acre)
Location
The site is located on the corner of Castle Street and Easy Row on the southern fringe of Worcester Town Centre, opposite Worcester Magistrates Court. This L-shaped site occupies a prominent corner plot just off the retail destination of Foregate Street and adjacent to offices and motor trade premises.
Description
The site comprises a BP petrol filling station, consisting of four pump islands in a four-square formation under a large canopy and connected to an end-of-terrace two storey Victorian property, used as a shop for the petrol filling station. A car wash is located along the southern boundary with a jet wash in the south western corner. The site also benefits from air/water and vacuum facilities.
The site extends to approximately 0.10 hectare (0.24 acre).
Trading
The site is offered subject to a fuel supply agreement. Further details will be released to shortlisted parties.
Year |
Fuel /Litres |
Shop |
Valeting |
2005 |
2,843,757 |
£521,395 |
£24,493 |
2006 |
2,646,977 |
£565,354 |
£16,403 |
2007 |
2,230,945 |
£464,432 |
£9,815 |
Revenues exclude VAT.
Planning
In addition to the existing use of the property, there is potential to secure alternative motor trade uses, such as car showroom, or alternatively residential, retail, offices or community uses, subject to obtaining satisfactory planning approvals.
Environmental Condition & Indemnity
An Environmental Report Summary of the property is included within the Further Information section, which outlines the reports carried out on the site. Prospective purchasers will be able to undertake updated Environmental Assessments at their cost, following exchange of contracts, in order to satisfy themselves on the condition of the property. Copies of previous reports will be available for shortlisted parties, subject to assignment from the respective consultants. The successful purchasers will be required to provide an environmental indemnity to the Vendor for all past or future contamination.
Tenure
The site is available freehold with vacant possession, or as a trading entity. If acquired as a trading site, TUPE regulations will apply and wet and dry stock is to be purchased at cost upon completion.
Offers
The preference is for unconditional offers to be submitted. However, conditional offers upon planning will also be considered. All offers must be accompanied by details of funding for the proposed acquisition. Conditional offers must include full supporting information together with site layout plans and details of conditions.
All offers are to be submitted to Mark Frostick no later than 12 noon on Friday 18th July 2008. Our clients do not bind themselves to accept the highest or any offer received. Prior to submitting any offer, interested parties should refer to the sale contract detailing the conditions of the disposal and other relevant information found in the Further Information section.
All offers are to be set out on the Schedule provided.
Stamp Duty
Stamp duty will apply on the sale of this property.
Legal Costs
Each party to be responsible for their own legal costs incurred in the transaction.
VAT
Value Added Tax will be charged at the prevailing rate.
Viewing
Strictly by appointment through the sole agent.
Staff are unaware of the impending sale and no formal viewings will be undertaken. The site is currently trading and can be inspected as a "customer". Under no circumstances should the staff be approached regarding the sale.
Contact
Mark Frostick
- 01480 371 456 -
maf@rapleys.co.uk