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UNDER OFFER

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

A progressive national Commercial Property Consultancy focused on delivering realistic, effective solutions to clients across the commercial property spectrum.

Our offer and reputation is based on expertise and understanding. Our vision is to provide commercial property consultancy that significantly adds value to a clients business. Our approach is personal, engaging, collaborative and accessible.

Notes

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