No longer on the market
This property is no longer on the market
MapRetail property (high street)
Auction
Retail property (high street)
Features and description
Guide Price = £2,000,000+
*For Sale By Online PublicAuction 17th April 2024 08:45 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Substantial Shopping Centre Comprising of 21 Retail Units Part Let Producing £273,460 Per Annum. Potential for Residential Development (Subject to Obtaining all Relevant Consents)
Tenure
Leasehold. The property is held on a 125 year lease from 9th June 1975 (thus approximately 80 years unexpired) at a rent reserve of £24,000 per annum exclusive geared to 8% of the estimated rental value.
Location
The shopping centre is situated in the centre of Kidderminster and is home to various shops and amenities. The open spaces of Brinton Park are within easy reach. Transport links are provided by Kidderminster rail station.
Description
Exterior
The property benefits from 50 car parking spacesNote
Open To View During Normal Business Hours
*For Sale By Online PublicAuction 17th April 2024 08:45 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Substantial Shopping Centre Comprising of 21 Retail Units Part Let Producing £273,460 Per Annum. Potential for Residential Development (Subject to Obtaining all Relevant Consents)
Tenure
Leasehold. The property is held on a 125 year lease from 9th June 1975 (thus approximately 80 years unexpired) at a rent reserve of £24,000 per annum exclusive geared to 8% of the estimated rental value.
Location
The shopping centre is situated in the centre of Kidderminster and is home to various shops and amenities. The open spaces of Brinton Park are within easy reach. Transport links are provided by Kidderminster rail station.
Description
Exterior
The property benefits from 50 car parking spacesNote
Open To View During Normal Business Hours
About this agent
Auction House London is the largest branch of the Auction House UK brand. Auction House holds more auctions annually than any other firm of auctioneers in the UK and sold 4,957 properties throughout 2018 – over 1,000 properties more than our closest rivals. Co-founded by Andrew Binstock and Jamie Royston in 2011, Auction House London has grown year on year in its relatively short history to become one of the top 5 residential property auctioneers in the UK. We adopt a modern and dynamic approach to offering high quality auction facilities to both corporate and independent sellers and buyers. We firmly believe in the importance of extensive online marketing campaigns in addition to the traditional offline methods. Our forward thinking approach to auctions has been regularly applauded and we are very proud to be recognised as offering extremely high levels of customer service to all of our clients. With a proven track record in residential and commercial investments and property auctions, the team offers a fresh and energetic approach to their auctions, providing a quality service that achieves the right results for all parties.