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Multi Let Office / Retail Investment, 112-133 Coventry Street, Kidderminster, DY10 2BH

3,431 Sq Ft / Offices / Investment

For Sale - £375,000.00

Available - Last updated: 15 October 2024

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

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers in the region of For Sale Freehold £375,000.00 NA

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Contact agents

Tom Johnson

Michael Johnson & Co

01384 660411



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