The property comprises 2 ground floor retail units let to 2 separate occupiers with 5 offices suites above. The office suites are let to 2 separate occupiers with 1 suite currently vacant.
Location
The premises are situated in the centre of Kidderminster overlooking the corner of Coventry Street and Blackwell Street. Nearby is the Blackwell Street multi-storey car park and the larger open surfaced car-parks on Bromsgrove Street.
Accommodation
112 Coventry Street - 804 sq ft
113 Coventry Street - 260 sq ft
Office Suite A - 472 sq ft
Office Suite B - 572 sq ft
Office Suite C - 96 sq ft
Office Suite D - 1,136 sq ft
Office Suite E - 91 sq ft
Total NIA (Approx.) 3,431 sq ft
Terms
For Sale - Offers in the region of £375,000. A purchase at this level reflects a NIY of 10.92% assuming purchaser’s costs of 4.00%.
Tenure - Freehold.
Tenancies - See the atttached brochure for information
VAT - The property is not registered for VAT purposes.
Energy Performance Certificate - Please contact the agent for further details.
Legal Costs - Each party shall be responsible for their own legal costs incurred in the transaction.
Specification
- Asset management opportunities available
- Suitable for other uses (STP)
- Multi let office / retail investment opportunity
- Rare Freehold opportunity