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Commercial Property for sale

Lion Street, Kidderminster, Worcestershire

Offers in Region of £170,000

Property Description

Key features

  • Commercial Investment Property
  • Potential Annual income 13,645 plus service charge
  • Free Hold.
  • Short walk from town centre.
  • Pay and display car park nearby.
  • Limited Street Parking

Full description

FOR SALE COMMERCIAL INVESTMENT PROPERTY Offers based on £170,000. Net internal office area approximately 170 sq m / 1928 sq ft split over three floors. Annual potential rental income achievable £13,645 with additional service charge of £7,562 Ground floor and one first floor office is currently vacant. Current income £5445 plus £3831 service charge. Communal kitchen and toilet facilities. EPC F

Communal Facilities - Use of kitchen, located on the ground floor and toilet accommodation, on the first floor serving the building.

Services - Electricity is supplied individually to each office and payable by the occupier of the office. The gas fired central heating is via a communal supply and payable through the service charge. Water rates are applicable.

Fixtures & Fittings - Any fixtures and fittings not mentioned in these particulars are excluded from the lease.

Tenure - Freehold.

Offers Based On - £170,000

Service Charge - To include communal hot water, heat and light, refuse collection, boiler service, security, cleaning products, cleaners wages, building insurance, external decoration. When fully occupied service charge currently collected is £7562 with purposely vacant office service charge collected is £3831

Services - Electricity is supplied individually to this office as is the water supply to the basin. The gas fired central heating is via a communal supply and payable through the service charge.

Business Rates - Interested parties are advised to contact Wyre Forest District Council on 01562 732928 to establish the rates payable.
For information on business rates relief go to www.gov.uk or www.wyreforestdc.gov.uk

Viewing - By prior telephone appointment with Doolittle & Dalley on 01562 821613.

Reference - Reference JEA/CA Aug 15

Directions - From Kidderminster town centre, proceed up Coventry Street, turning right into Bromsgrove Street and left into Lion Street, where the property will be seen on the left hand side identified by our For Sale board.

Messrs. Doolittle & Dalley for themselves and for the vendors/lessors of this property whose agents they are, give notice that:-
1.These particulars do not constitute, or constitute any part, of an offer or a contract. 2.All statements contained in these particulars as to this property are made without responsibility on the part of Messrs. Doolittle & Dalley or the vendor. 3.None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4.Any intending purchaser must satisfy him/herself by inspection or otherwise, as to the correctness of each of the statements contained in these particulars. 5.The vendor does not make or give and neither Messrs. Doolittle & Dalley or any person in their employ has any authority to make or give any representation or warranty whatever in relation to this property.


More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

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