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For Sale

58-59 Worcester Street,
Kidderminster,
Worcestershire,
DY10 1EL

  • Retail
  • 3,301 Sq Ft
  • £205,000

Prominent Retail Investment in Kidderminster Town Centre

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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%

Property 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.
Asking Price
£205,000 (plus VAT)
Viewings
Strictly by appointment with our office on 01527 584 242.

Accommodation

Name/FloorSq FtSq MAvailability
Ground1,679155.98Let
1st1,622150.69Let
Total3,301306.67 

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.

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