Property description
An opportunity to acquire an investment comprising two commercial shops and three residential flats currently let on Assured Shorthold Tenancies located in a prominent position on Coventry Street.
DESCRIPTION
An opportunity to acquire a mixed commercial and residential investment comprising two shops and three flats.
LOCATION
Kidderminster is a town in the Wyre Forest district of Worcestershire, England. It is located approximately 17 miles south-west of Birmingham city centre and approximately 15 miles north of Worcester city centre.
SITUATION
The property is situated in Coventry Street close to the entrance of the Swan Shopping Centre and a short walk from one of the main public car parks.
ACCOMMODATION
SHOP 104
Retail Area and WC.
SHOP 105
Retail Area, Storage, Kitchen and WC facilities.
FLAT ONE
Second Floor, Hallway, Living Room, Kitchen, Bathroom and Two Bedrooms.
FLAT TWO
First Floor, Hall, Living Room opening into Kitchen, Bathroom and One Bedroom.
FLAT THREE
First Floor, Hall, Living/Bedroom, Kitchen and Shower Room.
GENERAL
TENANCY SCHEDULE
The properties currently produce a gross income of £26,036. A tenancy schedule is available from the selling agents upon request.
SERVICES
We are advised that all mains services are connected to the property.
HEATING
Gas central heating to flats.
NOTE
The selling agents wish to remind prospective purchasers that the services, service installations, heating & electrical appliances have NOT been tested.
TENURE
Freehold, subject to and with the benefit of the five aforementioned tenancies.
VAT
We have not been advised of the VAT status of the property.
VIEWING
By appointment through Selling Agents - McCartneys LLP - 01584 872153
OPENING HOURS
Mon-Fri: 9:00 am - 5:00 pm Sat: 9:00 am - 1:00 pm