TOWN CENTRE PREMISES, KIDDERMINSTER

10/12 BULL RING, KIDDERMINSTER, DY10 2AA
£20,000 per annum (exclusive of rates)

The premises are located within Kidderminster Town Centre immediately adjacent to Blunts Shoes. The property is close to Weavers Walk, Marks and Spencer, Greggs, H&T Pawnbrokers and Pennies Public House. The ground floor is currently vacant and was formally occupied by William Hill Bookmakers.

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LOCATION
The premises are located within Kidderminster Town Centre immediately adjacent to Blunts Shoes. The property is close to Weavers Walk, Marks and Spencer, Greggs, H&T Pawnbrokers and Pennies Public House.

ACCOMMODATION
The ground floor is currently vacant and was formally occupied by William Hill Bookmakers.

Approximate internal dimensions and areas are detailed below:

GROUND FLOOR
INTERNAL WIDTH 41’ 0” 12.5 m

NET GROUND FLOOR AREA 1685 sq ft 156 sq m

LEASE
The property is available by way of a new fully repairing and insuring lease for a term of years to be agreed upon in multiples of 5 years.

RENTAL
£20,000 pa (exclusive of rates).

SALE OF THE GROUND FLOOR PREMISES
This is available by way of a 999 year long leasehold interest at £225,000

SALE OF THE WHOLE PREMISES
The owners will sell the Freehold interest of the whole premises. This will include the Ground Floor Premises with vacant possession plus the Upper Parts which compromise 6 residential flats all of which are let on AST’s and produce an income of approximately £35,700 pa. Price upon application.

RATING ASSESSMENT
We are advised that the rating assessment for the ground floor is as follows:
Rateable Value: £28,000
Please contact the Local Authority for further information.

ENERGY PERFORMANCE CERTIFICATE
The property (ground floor) has a rating of 119 (Band E). A copy of the certificate is available upon request.

SERVICE CHARGE & BUILDING INSURANCE
The current insurance in respect of the ground floor is approximately £600 per annum.

LEGAL COSTS & VAT
Each party is to be responsible for their own legal costs incurred in this transaction. We understand that VAT is not payable on the rental/purchase price, however, interested parties are advised to make their own enquiries.

VIRTUAL TOUR OF THE PROPERTY
Please click on the following links:

External Video –

Internal Video –

VIEWINGS
By arrangement with AMT Commercial on 01527 821 111


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