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32-33 Comberton Hill, Kidderminster, Worcestershire, DY10 1QN

£495,000

£250.00 per sq ft

Business rates & charges may apply

Harris Lamb, Birmingham
SIZE AVAILABLE

1,980 sq ft

184 sq m

SECTOR

Commercial property for sale

Key features

  • RA110
  • Gross income produced
  • Takeaway Tenant Trading as Dixy Chicken

Description

Location:

Property is located on the north side of the A448, Comberton Hill, Kidderminster to the east of Kidderminster Town Centre and close to the junction of the A451 Ring Road.

Description:

The property consists of a ground floor take-away restaurant, first floor flat and 6 Bed HMO. The ground floor consists of servery, customer toilets, prep area, three walk-in fridge/freezers, further storage, staff room and staff toilets. The property benefits from on street parking immediately outside.

Tenure:

Property is for sale, subject to the occupational tenancy/licences.

The ground floor and flat are let to Sheena Group Ltd on a tenancy that expires in August 2039 (approximately 14 years unexpired). The lease is guaranteed personally. The rent is £24,000 but steps up to £26,000. There is a tenant break in 2029 (approximately 4 years until break) . The lease is subject to reviews in 2029 and 2034.

The HMOs are let on monthly licences

1) £85
2) £84
3) £85
4) £85
5) £78
6) £78

Per calendar week

Total Gross flat income is £495 per week. This equates to £25,740 per annum gross. Annual costs are in the region of £3,000.

Total Gross income approximately £49,740.

Brochures

32-33 Comberton Hill, Kidderminster, Worcestershire, DY10 1QN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kidderminster Station0.1 miles
  • Blakedown Station3.1 miles
  • Hartlebury Station3.6 miles

About Harris Lamb, Birmingham

4th Floor, 4 Brindley Place Birmingham B1 2LG

Harris Lamb was established in 1992 to provide commercial property advice on a regional and national basis to clients that include Occupiers, Developers, Property Funds, Investors and Public Sector Organisations.

The company offers the full range of property services with specialist departments advising and acting for clients on Agency, Property Management, Rating, Planning, Building Surveying, Project Management, Landlord and Tenant, Valuation and Property Investment.

We are one of the largest independently owned Property Consultancy Businesses based in the Midlands and acting nationally.

Our staff are selected for their specialist knowledge and experience of providing clients with professional, consistent and reliable advice in every discipline.

The Practice is committed to quality assurance and has accreditation in accordance with BS EN ISO 9001 in Project Management and Building Surveying. The company has successfully maintained "Investors in People"� accreditation since 2004.

We pride ourselves on the quality of our advice, strength of relationships with our clients and the professionalism of all of our staff. This allows each client to be given the highest levels of service to ultimately deliver results.

Notes

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Disclaimer - Property reference 6740FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Harris Lamb, Birmingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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