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Rowland Hill Shopping Centre Vicar St 41,289 sq ft 23% Let Retail Property Kidderminster DY10 1DE £3,000,000 (£72.66/sq ft)

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INVESTMENT HIGHLIGHTS

  • Comprises 21 retail units
  • Fronting prime pedestrianised Vicar Street
  • Current income £315,000

EXECUTIVE SUMMARY

£3,500,000 asking price. Long leasehold Held from Wyre Forest District Council for a term of 125 years from the 9th June 1979.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront
Property Size
41,289 sq ft
Costar Property Class
B
Year Built/Renovated
1979/2012
Price
£3,000,000
Price per sq ft
£72.66
Occupancy Rate
23%
Tenancy
Multiple
Number of Floors
2
Parking
140 Spaces (3.39 Spaces per 1,000 sq ft Leased)
Frontage
100 ft on Vicar St

AMENITIES

  • Roller Shutters
  • Storage Space

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • 1
  • 290 sq ft
  • Retail
  • End Cap
  • Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

  • 10
  • 981 sq ft
  • Retail
  • End Cap
  • Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

  • 11
  • 1,064 sq ft
  • Retail
  • End Cap
  • Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

  • 14
  • 2,457 sq ft
  • Retail
  • End Cap
  • Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

  • 15/16
  • 2,886 sq ft
  • Retail
  • End Cap
  • Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

  • 17
  • 2,680 sq ft
  • Retail
  • End Cap
  • Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

  • 2
  • 1,789 sq ft
  • Retail
  • End Cap
  • Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

  • 24
  • 1,753 sq ft
  • Retail
  • In-Line
  • Now

The property is available by way of a new full repairing and insuring lease for a term of years to be agreed at a quoting rental of £35,000 per annum exclusive of business rates, service charge and VAT

  • 4
  • 877 sq ft
  • Retail
  • In-Line
  • 30 Days

Space comprises a total of 877 SqFt of retail space on the ground floor. Rental per annum is £30,000.

  • 4
  • 1,213 sq ft
  • Retail
  • End Cap
  • Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

  • 5
  • 677 sq ft
  • Retail
  • End Cap
  • Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

  • 7
  • 889 sq ft
  • Retail
  • In-Line
  • Now

The property is arranged over ground and first floor

  • 7
  • 866 sq ft
  • Retail
  • End Cap
  • Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

  • 8
  • 780 sq ft
  • Retail
  • End Cap
  • Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

  • 9
  • 958 sq ft
  • Retail
  • End Cap
  • Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

  • KIOSK
  • 236 sq ft
  • Retail
  • End Cap
  • Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

  • Unit D
  • 1,060 sq ft
  • Retail
  • In-Line
  • 30 Days

The property is available by way of a new full repairing and insuring lease for a term of years to be agreed at a quoting rental of £30,000 per annum exclusive of business rates, service charge and VAT

Space Size Space Use Position Available
1 290 sq ft Retail End Cap Now
10 981 sq ft Retail End Cap Now
11 1,064 sq ft Retail End Cap Now
14 2,457 sq ft Retail End Cap Now
15/16 2,886 sq ft Retail End Cap Now
17 2,680 sq ft Retail End Cap Now
2 1,789 sq ft Retail End Cap Now
24 1,753 sq ft Retail In-Line Now
4 877 sq ft Retail In-Line 30 Days
4 1,213 sq ft Retail End Cap Now
5 677 sq ft Retail End Cap Now
7 889 sq ft Retail In-Line Now
7 866 sq ft Retail End Cap Now
8 780 sq ft Retail End Cap Now
9 958 sq ft Retail End Cap Now
KIOSK 236 sq ft Retail End Cap Now
Unit D 1,060 sq ft Retail In-Line 30 Days

1

Size
290 sq ft
Space Use
Retail
Position
End Cap
Available
Now

10

Size
981 sq ft
Space Use
Retail
Position
End Cap
Available
Now

11

Size
1,064 sq ft
Space Use
Retail
Position
End Cap
Available
Now

14

Size
2,457 sq ft
Space Use
Retail
Position
End Cap
Available
Now

15/16

Size
2,886 sq ft
Space Use
Retail
Position
End Cap
Available
Now

17

Size
2,680 sq ft
Space Use
Retail
Position
End Cap
Available
Now

2

Size
1,789 sq ft
Space Use
Retail
Position
End Cap
Available
Now

24

Size
1,753 sq ft
Space Use
Retail
Position
In-Line
Available
Now

4

Size
877 sq ft
Space Use
Retail
Position
In-Line
Available
30 Days

4

Size
1,213 sq ft
Space Use
Retail
Position
End Cap
Available
Now

5

Size
677 sq ft
Space Use
Retail
Position
End Cap
Available
Now

7

Size
889 sq ft
Space Use
Retail
Position
In-Line
Available
Now

7

Size
866 sq ft
Space Use
Retail
Position
End Cap
Available
Now

8

Size
780 sq ft
Space Use
Retail
Position
End Cap
Available
Now

9

Size
958 sq ft
Space Use
Retail
Position
End Cap
Available
Now

KIOSK

Size
236 sq ft
Space Use
Retail
Position
End Cap
Available
Now

Unit D

Size
1,060 sq ft
Space Use
Retail
Position
In-Line
Available
30 Days

1

Size 290 sq ft
Space Use Retail
Position End Cap
Available Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

10

Size 981 sq ft
Space Use Retail
Position End Cap
Available Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

11

Size 1,064 sq ft
Space Use Retail
Position End Cap
Available Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

14

Size 2,457 sq ft
Space Use Retail
Position End Cap
Available Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

15/16

Size 2,886 sq ft
Space Use Retail
Position End Cap
Available Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

17

Size 2,680 sq ft
Space Use Retail
Position End Cap
Available Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

2

Size 1,789 sq ft
Space Use Retail
Position End Cap
Available Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

24

Size 1,753 sq ft
Space Use Retail
Position In-Line
Available Now

The property is available by way of a new full repairing and insuring lease for a term of years to be agreed at a quoting rental of £35,000 per annum exclusive of business rates, service charge and VAT

4

Size 877 sq ft
Space Use Retail
Position In-Line
Available 30 Days

Space comprises a total of 877 SqFt of retail space on the ground floor. Rental per annum is £30,000.

4

Size 1,213 sq ft
Space Use Retail
Position End Cap
Available Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

5

Size 677 sq ft
Space Use Retail
Position End Cap
Available Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

7

Size 889 sq ft
Space Use Retail
Position In-Line
Available Now

The property is arranged over ground and first floor

7

Size 866 sq ft
Space Use Retail
Position End Cap
Available Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

8

Size 780 sq ft
Space Use Retail
Position End Cap
Available Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

9

Size 958 sq ft
Space Use Retail
Position End Cap
Available Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

KIOSK

Size 236 sq ft
Space Use Retail
Position End Cap
Available Now

Rowland Hill Shopping Centre is a substantial indoor retail complex located in the heart of Kidderminster. There is a 50% off rent incentive for the first year of the lease.

Unit D

Size 1,060 sq ft
Space Use Retail
Position In-Line
Available 30 Days

The property is available by way of a new full repairing and insuring lease for a term of years to be agreed at a quoting rental of £30,000 per annum exclusive of business rates, service charge and VAT

NEARBY MAJOR RETAILERS

Farmfoods
Morrisons
Iceland
Barclays
Lounges
Tesco Superstore
Coffee #1
Costa Coffee
Perfect Pizza
Nisa
  • Listing ID: 28438808

  • Date on Market: 09/05/2023

  • Last Updated:

  • Address: Vicar St, Kidderminster DY10 1DE

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