Marmion House, 91-93 High Street, Worcester, WR1 2HB

Marmion House presents a versatile investment opportunity within Worcester's prime retail area. This modern, concrete-framed property comprises a retail frontage on High Street, with dynamic tenants such as Moss Bros and Joules enriching its commercial appeal. The building houses a basement occupied by the successful Keystones Cocktail Club and Alcöve Wine Bar, creating an engaging leisure environment. The upper office floors include nine suites with significant natural light and air conditioning, all accessible via a self-contained entrance and lift. While the property is not listed, it resides in the Worcester City Conservation Area, enhancing its value. There are immediate income-generating opportunities through the available office suite for rent at £8,700 per annum. Long-term potential exists to enhance asset value: discussions are underway to optimize a service yard space into an outdoor seating area for Alcöve Wine Bar, promising increased rental revenue. Moreover, there is scope for structural expansion of 1-2 additional floors, potentially accommodating new residential units. Alternatively, transforming existing office spaces into apartments could significantly elevate income streams. Additionally, local initiatives like planned street enhancements could further increase footfall and attractiveness of this location. Overall, Marmion House not only offers robust current returns but also exciting avenues for redevelopment and modernization.