IF you have ever fancied running your own shop then the perfect property may just be coming up for auction.

The former Bodega women's clothes shop in The Tything has nearly £19,000 rents and huge development potential is set to be auctioned.

It has huge development potential and is coming up at Bond Wolfe’s next auction on Wednesday, October 20.

The lot at 24-25 The Tything is located opposite RGS Worcester and has a guide price of over £395,000.

Worcester News:

It includes two self-contained retail units on the ground floor bringing in rents of £10,800 and £7,500 per annum respectively, plus another £600 a year coming from a licensed parking space.

Upstairs is currently a vacant accommodation of four offices, a kitchen and toilets on the first floor and another four offices on the second floor.

James Mattin, managing director agency at Bond Wolfe, said: “This property occupies a prominent corner position at the junction of The Tything and Britannia Square in Worcester city centre and offers an excellent investment opportunity.

“The upper floors were previously used as offices and benefit from a previous planning permission for a change of use to a six-bedroomed house of multiple occupation.

“There is also a car park to the rear which currently provides three spaces to the retail units as well as a further space rented out on a licence agreement.

Worcester News:

“The Tything is one of the main arterial roads leading into the city centre from the north, being under a quarter of a mile from Worcester’s main pedestrianised shopping area.

“The area is a secondary shopping location extremely popular with independent retailers whilst also being surrounded by residential property in a highly sought-after area.”

The Worcester property is just one of 188 that will appear in Bond Wolfe’s next auction which starts at 9am.

The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet only.

Bond Wolfe is offering this property for sale in conjunction with joint agents GJS Dillon.

For more details and to register to bid visit www.bondwolfe.com/property-auctions-west-midlands/, or email auctions@bondwolfe.com, or call 0121 312 1212 or 01902 928 510.