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Offers in Excess of £800,000

Riverside Business Centre, Worcester Road, Stourport-on-severn, Worcestershire DY13 9BZ

130680 Sq ft.
  • Total Site Area 3 acres (1.21 hectares)
  • Rental income of £51,242 per annum (exclusive)
  • Significant scope for further asset management to increase the
  • return
  • Total Gross Internal Floor Area of approximately 38,656 sq ft
  • (3,590 m sq)

Stourport-on-Severn is a town in the civil parish of Wyre Forest within North

Worcestershire. Lying on the River Severn, Stourport-on-Severn lies to the west of

the A449 and south of the A4456 with Kidderminster lying to the north and

Birmingham to the north east.



The town is well connected for road links with the A449 leading south towards the

M5 motorway (junction 6) at Worcester or north towards Kidderminster. The M5

motorway lying to the south east provides access north towards the M42 and

Birmingham whilst leading south through Cheltenham and Gloucester towards

Exeter.



The history of Stourport started around the canal basins at the Severn Terminus

with the Staffordshire and Worcester Canal and linking to the Birmingham Canal

and today offers a vibrant town and business centre with a population of some

20,000. The property itself forms an "island" site at the junction of Worcester Road

and Hartlebury Road within the heart of Stourport Centre.



The site extends to just over 3 acres with significant frontage to Worcester Road

and boarded, on its northern boundary by the River Stour.

Whilst the total current built lettable area extends to some 3,590 m sq (38,656 sq ft) there is still a significant amount of underutilised land on the site in addition to the car parking areas which provide significant opportunity for further development

subject to statutory consents.



The current buildings on site include a two storey office premises at the main

entrance with a variety of industrial and workshop space both to the rear of the site and running parallel to the Worcester Road.



The total lettable area of office space extends to approximately 305 m sq (3,280 sq ft) with the remaining industrial/workshop premises comprising some 3,286 m sq (35,370 sq ft).Total Site Area 3 acres (1.21 hectares).



The total lettable area of office space extends to approximately 305 m sq (3,280 sq ft) with the remaining industrial/workshop premises comprising some 3,286 m sq (35,370 sq ft).



Full details on accommodation and tenancy schedules are available via the selling agents.The property is offered for sale on a freehold under Property Title Number WR96771.



The property is sold subject to a variety of occupational tenancies as per the tenancy schedule provided in these particulars. The leases are granted on Tenants Full Repairing and Insuring Terms.Interested parties to make their own enquiries to the Local Authority.

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