Leading Midland independent property consultancy GJS Dillon has achieved a top price for retail and residential premises on a popular Worcester out-of-town shopping parade.
The property, in Barbourne Road to the north of Worcester city centre, sold for more than 60 per cent above its guide price.
The ground floor double-fronted retail premises is let to a hairdressing and beauty salon, while there are two let maisonette apartments above. GJS Dillon sold the premises as an investment property on behalf of a private individual. It was acquired by a local property investor.
The guide price for the 3,202 sq ft premises at auction was £150,000, but the property sold for £240,000.
John Dillon, director of GJS Dillon said, “This is a good, solid property in a popular local shopping parade on one of the main arterial roads leading into the city centre, so we were pleased it achieved an excellent price for our client.”
GJS Dillon LLP, with offices in Worcester and Bromsgrove, offers a full range of property consultancy services throughout Worcestershire and surrounding areas, and along the M5 and A38 corridors.
