25/26 High Street Kidderminster Worcestershire DY10 2DJ

  • 25/26 High Street<br>Kidderminster<br>Worcestershire<br>DY10 2DJ

25/26 High Street
Kidderminster
Worcestershire
DY10 2DJ

Freehold Retail/Residential Development opportunity

  • Prominent corner position on pedestrianised retail thoroughfare
  • Approximately 496.75 sq m (5,347 sq ft)
  • Approval granted for conversion of upper parts to six residential flats
  • Located close to Weavers Wharf Retail Park and Rowland Hill Shopping Centre
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    42
  • Auction
    26th March 2015
  • Vacant Possession
  • Status
    Sold
  • Price
    £290,000
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On the Instructions of LPA Receivers
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Freehold Retail/Residential Development opportunity

  • Prominent corner position on pedestrianised retail thoroughfare
  • Approximately 496.75 sq m (5,347 sq ft)
  • Approval granted for conversion of upper parts to six residential flats
  • Located close to Weavers Wharf Retail Park and Rowland Hill Shopping Centre
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 42
  • Auction 26th March 2015
  • Vacant Possession
  • Status Sold
  • Price £290,000
  • Sector
    Development
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On the Instructions of LPA Receivers

Property Information

Location
Miles
17 miles south of Wolverhampton, 19 miles south-west of Birmingham
Roads
A448, A456, M5, M42
Rail
Kidderminster Railway Station
Air
Birmingham International Airport
Situation

The property is situated in a prominent corner position at the junction of High Street and Vicar Street, a popular pedestrianized retail thoroughfare in the heart of Kidderminster town centre. High Street and Vicar Street benefit from excellent pedestrian flow due to the proximity to Weavers Wharf Retail Park where Marks & Spencer, Debenhams, Next, Boots the Chemist and Sports Direct are all represented. Other nearby occupiers include WH Smith, Superdrug, NatWest Bank, Lloyds Bank and Subway.

Tenure

Freehold.

Location
Miles
17 miles south of Wolverhampton, 19 miles south-west of Birmingham
Roads
A448, A456, M5, M42
Rail
Kidderminster Railway Station
Air
Birmingham International Airport
Situation

The property is situated in a prominent corner position at the junction of High Street and Vicar Street, a popular pedestrianized retail thoroughfare in the heart of Kidderminster town centre. High Street and Vicar Street benefit from excellent pedestrian flow due to the proximity to Weavers Wharf Retail Park where Marks & Spencer, Debenhams, Next, Boots the Chemist and Sports Direct are all represented. Other nearby occupiers include WH Smith, Superdrug, NatWest Bank, Lloyds Bank and Subway.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with ancillary accommodation on the first floor and self-contained ancillary accommodation on the second floor which is accessed from a separate entrance on High Street. The property benefits from frontages to both High Street and Vicar Street.

Planning
Approval has been granted for conversion of the first and second floors to 6 x two bedroom flats under planning references
14/3023/PNRES and 14/3022/PNRES. Copies of the approval notices are available within the legal pack.
Wyre Forest District Council.
Wyre Forest House, Finepoint Way, Kidderminster,
Worcestershire DY11 7WF.
Tel: 01562 732 928.
Email: worcestershirehub@wyreforestdc.gov.uk

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit with ancillary accommodation on the first floor and self-contained ancillary accommodation on the second floor which is accessed from a separate entrance on High Street. The property benefits from frontages to both High Street and Vicar Street.

Planning
Approval has been granted for conversion of the first and second floors to 6 x two bedroom flats under planning references
14/3023/PNRES and 14/3022/PNRES. Copies of the approval notices are available within the legal pack.
Wyre Forest District Council.
Wyre Forest House, Finepoint Way, Kidderminster,
Worcestershire DY11 7WF.
Tel: 01562 732 928.
Email: worcestershirehub@wyreforestdc.gov.uk

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Possession
Ground
First
Second
Retail/Ancillary
Office/Ancillary
Ancillary
183.29 sq m
153.29 sq m
160.16 sq m
(1,973 sq ft)
(1,650 sq ft)
(1,724 sq ft)
VACANT POSSESSION
Totals  
496.74 sq m
(5,347 sq ft)
 

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Shakespeares LLP No.1 Colmore Square
Birmingham
B4 6AA
Edward Postlethwaite 0121 214 1236edward.postlethwaite@shakespeares.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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