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46/48 Market Street and 1&2 Park Street 3 Retail Properties Offered at £395,000 in Kingswinford
Investment Highlights
- Prominent mixed-use investment property
- The properties occupy a prominent position on Market Street and Park Street, fronting the A491
- Situated on a corner plot in the popular town of Kingswinford
Executive Summary
The attractive and prominent mixed-use investment properties currently comprise of 4(no) ground floor retail units, with a residential flat arranged over the first floor. The retail units consist of a Hair and Beauty Shop, Café, Jewellers and a Beauty Salon all of which are on commercial leases and extending to approximately 1,421 sqft (132 sqm) in total. The first-floor residential flat is on a long leasehold.
TENANCIES
1 Park Street - is let to a Hair and Beauty Shop, expiring 18th August 2026, currently paying a rent of £6,600 per annum and has full repairing liabilities.
2 Park Street - is let to a Jewellers, expiring 27th December 2027, currently paying a rent of £7,200 per annum and has full repairing liabilities.
46 Market Street - is let to a Café, expiring 17th August 2031, currently paying a rent of £6,750 per annum.
48 Market Street - is let to a Beauty Salon, expiring 8th September 2028, currently paying a rent of £9,000 per annum.
No. 48 Market Street (residential flat) is let on a long leasehold agreement.
TENANCIES
1 Park Street - is let to a Hair and Beauty Shop, expiring 18th August 2026, currently paying a rent of £6,600 per annum and has full repairing liabilities.
2 Park Street - is let to a Jewellers, expiring 27th December 2027, currently paying a rent of £7,200 per annum and has full repairing liabilities.
46 Market Street - is let to a Café, expiring 17th August 2031, currently paying a rent of £6,750 per annum.
48 Market Street - is let to a Beauty Salon, expiring 8th September 2028, currently paying a rent of £9,000 per annum.
No. 48 Market Street (residential flat) is let on a long leasehold agreement.
Property Facts
| Price | £395,000 | Number of Properties | 3 |
| Price psf | £227.27 / sq ft | Individually For Sale | 0 |
| Sale Type | Investment | Total Property Size | 1,738 sq ft |
| Status | Active |
| Price | £395,000 |
| Price psf | £227.27 / sq ft |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Property Size | 1,738 sq ft |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 48 Market St, Kingswinford DY6 9LE | Retail | 816 sq ft | 1920 | - |
| 46 Market St, Kingswinford DY6 9LE | Retail | 546 sq ft | 1920 | - |
| Unit 1 Park St, Kingswinford DY6 9LX | Retail | 376 sq ft | 1980 | - |
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46/48 Market Street and 1&2 Park Street
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