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Commercial Property for sale

95/95a, New Road, Kidderminster, DY10

Sold by Us £340,000

Property Description

Key features

  • Prominently positioned Town Centre Retail/Residential opportunity
  • Valuable A5 (takeaway) consent
  • Retail income of 22,000 pa
  • Potential development of 4 flats
  • Substantial on-site parking

Full description

The property offers a unique opportunity to acquire a town centre retail unit with two income generating shop fronts.
The current income from the Dessert Shop sees an average of £10,000 pa for the next five years. The current income from the Chip Shop sees an average of £12,000 pa for the next 25 years.
Each retail unit has two flats directly above in a shell state. Internally the conversion works are part complete, allowing a purchaser to put their own stamp on the property.
The price has been lowered to reflect the fact that this offers a development and investment opportunity. There will be five parking spaces included in the sale of the freehold, as well as a prominent side elevation facing Kidderminster College, Iceland and Wilkos - which may be suitable for advertising subject to consents.

More information from this agent

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