Retail premises to let in Mealcheapen Street, Worcester WR1

The Property
17 Reindeer Court represents a rare and exciting opportunity for an incoming tenant within the hair and/or beauty industry to benefit from both a city centre location and a fit-out with excellent attention to detail.

Due to the family relocating, the current and successful barber business will be closing in early Summer 2024. The property is available to let on an “as seen” basis, with loose furniture and stock available for an additional premium by negotiation. Given the bespoke fit-out, the property would be extremely well suited to barbers, hair stylists or others in the hair & beauty industry. The upper floors could afford opportunities for a tenant to offer additional health or beauty treatments.

The premises briefly comprises a ground floor of approximately 661 square feet with the benefit of a large, glazed frontage and entrance facing onto Mealcheapen Street, with a further customer access off the adjacent passageway within Reindeer Court. There are currently five hair styling stations on the ground floor, each with bespoke oak counters, backlit mirrors and designated power and cabling solutions. Waiting customers can enjoy a drink from the fitted tea point with under-counter fridge, and there is a staff kitchen and WC on this floor also.

The first floor leads initially to an area currently used as a staff lounge and then to an office with views over Mealcheapen Street, with the area divided by a contemporary glazed partition. This initial first floor space could lend itself perfectly to a private treatment or therapy space. Moving to the rear of the first floor via a door off the landing, there is an incredibly spacious kitchen area with washer and dryer facilities, which is the ideal place to launder customer towels and gowns, with a further WC off the kitchen.

The stairs then lead up the second floor within the eaves of the building, which makes excellent storage space or could be used for further treatment rooms, staff break-out or offices.

The property also has a CCTV system which will be retained for the benefit of the incoming tenant.

The property must be viewed to appreciate the level of detail that has gone into each element.

Ground Floor - c.661 square feet
First Floor - c.720 square feet
Second Floor - c.187 square feet

Location
Worcester city centre is a vibrant hub of history, culture and commerce. Mealcheapen Street dates back to medieval times and today includes a bustling array of shops and eateries. Adjacent to Mealcheapen Street lies Reindeer Court; this picturesque courtyard is steeped in architectural charm and, particularly in recent years, has become home to a number of fantastic independent businesses. From Mealchapen Street, shoppers can meander to either New Street or The Shambles. The narrow passageways and charming storefronts form part of some of Worcester's most charming buildings, but with the main High Street just a short walk away.

Rent
£21,000 (£1,750 per calendar month) (excl.). Landlord furniture and stock available by separate negotiation.

Tenure
The property is available to let by way of new business lease for a term of years to be negotiated.

Service Charge
Service charge levied by the Reindeer Court management company will be recharged to the Tenant. Details will be made available to interested parties.

Insurance
The Landlord insures the property and recovers the cost from the Tenant on an annual basis.

Legal & Administrative Costs
Each party will pay their own legal fees. The Tenant is required to pay a tenant administration and reservation fee to the agent upon agreement of the Heads of Terms.

Energy Performance
Energy Performance Rating is understood to be E29.

Business Rates
Tenant to rely on its own enquiries of the voa.

Planning
The Tenant should rely on its own enquiries of the local planning authority. However, the agent understands that the Property ought to fall within the current Use Class E.

Value Added Tax
All sums are quoted exclusive of value added tax, to the extent that such tax may apply. It is understood by the agent that the property is elected for VAT purposes and that VAT would therefore be applicable to the rents.

Viewings
All viewings strictly by appointment with the agent.