58-59 Worcester Street, Kidderminster, DY10 1EL
Size
3,301
Tenure
Freehold
EPC
Parking
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- Primary use
- High street retail
- Frontage
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Key features
- Freehold
- Established Location
- Current Lease expiry July 2028
- Annual Rent £19,000pa
- Tenant has 10+ Stores
- Gross Yield 9.3%
Description
The Property comprises a prominently located Retail Unit with first floor storage and welfare facilities, forming part of a larger commercial block. The Property benefits from convenient pedestrian access and free on-street parking to the front.
The Property was let on a 10 year lease from 18th July 2018, at a current passing rent of £19,000 per annum.
Location
The Property fronts on to the popular Worcester Street in Kidderminster Town Centre. Worcester Street forms part of the one-way road system servicing the main retail area including the Rowland Hill, Swan and Weavers Wharf Shopping Centres.
The Property is situated within an established mixed-use commercial parade. Notable occupiers in the vicinity include Barclays Bank, Iceland, Coffee 1 and Marks & Spencer. The Property is also close to the Town Hall, Library, Kidderminster College, Tesco Superstore and the Bus and Train Station.
Kidderminster Town Centre benefits from excellent transport links with the Ring Road providing ready access to Birmingham Road (A456) and Comberton Road (A448) with the M5 Motorway approximately 10 miles to the east.
Asking Price
£205,000 (plus VAT)
Viewings
Strictly by appointment with our office on .
- Service charge
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- Business rates
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- Use class
- E
- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
58-59 Worcester Street, Kidderminster, DY10 1EL
About Benjamin Stanley Ltd, Redditch
John Truslove is a Redditch based property consultancy which was established over 30 years ago.
We advise clients on all aspects of commercial property within the West Midlands, Worcestershire and Warwickshire.
The first and most important thing for you to know is that, quite simply, we aim to be good and honest.
Good to deal with, honest and true, professional and effective.
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Disclaimer - Property reference 352143-1. 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 Benjamin Stanley Ltd, Redditch. 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.