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3 The Cross - Cadena 1,839 SF Retail Building
ABOUT 3 THE CROSS , WORCESTER , WOR WR1 3PZ
| Price | Not Individually For Sale | Property Subtype | Restaurant |
| Building Size | 1,839 SF | Building Class | B |
| Property Type | Retail |
| Price | Not Individually For Sale |
| Building Size | 1,839 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Building Class | B |
EXECUTIVE SUMMARY
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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