Bond Wolfe to auction Grade II-listed Malvern property

Located on Worcester Road property, the Grade II-listed property once played host to the Royal Library. It received its 'Royal' name following a visit from Princess Victoria in 1830. Ian Tudor, the commercial auction director at Bond Wolfe, said the 2-4 Worcester Road part of the building will appear in Bond Wolfe's live stream on May 16, with a guide price of above GBP275,000.

Mr Tudor said: "This attractive and vacant ground floor property occupies a prominent position fronting the A449 Worcester Road near its junction with Church Street. "There is a vibrant mix of local traders and national operators within the vicinity including a mix of retail, restaurants, bars, coffee shops and professional offices. "These Grade II-listed former bank premises comprise of a former banking hall arranged over ground and basement levels with a small mezzanine.

"The property is a virtual freehold, with 999 years leasehold, and is suitable for variety of alternative uses including restaurant, bar, coffee shop, offices, show room or retail, subject to planning permission." Architects Samuel and John Deykes designed the original building which has been listed since 1970 for many stand-out features. The Worcester Road section extends to 1,220 sq ft on the ground floor and 850 sq ft in the basement.

Additionally, the property's 999-year ground lease came into effect in 2004 for a peppercorn rent. Great Malvern is situated at the foot of the Malvern Hills, a designated Area of Outstanding Natural Beauty with the town a conservation area in recognition of its special architectural and historical interest. There are road links to Worcester city centre, located about eight miles to the northeast, and to the national motorway network via junction 7 of the M5.

The historic building is one of 208 lots featured in Bond Wolfe's next auction, set to start at 8.30am on May 16.