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24-25 Horsefair 2,905 sq ft Retail Property Kidderminster DY10 2EN £195,000 (£67.13/sq ft) 8.70% Net Initial Yield
Investment Highlights
- Signage
- Versatile use
- Roller shutters
- Natural light
Executive Summary
Freehold Investment Opportunity - Business Unaffected. An extremely rare opportunity to purchase this commercial premises. Comprising of two commercial units, these premises provide an ideal investment opportunity as they are positioned on a busy trunk road close to Kidderminster Town Centre. Premises are currently occupied by well-established businesses. Fully let and producing a gross annual income of £17,500 per annum, giving a gross yield of 8.7% before costs.
Total NIA 270 sq mtr/ 2905.2 sq ft.
Total NIA 270 sq mtr/ 2905.2 sq ft.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,905 sq ft
Costar Property Class
C
Year Built
1900
Price
£195,000
Price per sq ft
£67.13
Yield
8.70%
NOI
£16,965
Tenancy
Single
Number of Floors
2
Plot ratio
1.09
Total Plot Size
0.06 ac
Frontage
45 ft on Horse Fair
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Nearby Major Retailers
1 of 6
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Presented by
24-25 Horsefair
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