Prominent corner position on pedestrianised retail thoroughfare
Opposite The Swan Shopping Centre
Asset Management Opportunities
Nearby occupiers include Poundland, Argos, Specsavers, Vodafone and 99p
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 95
Auction 7th July 2016
Vacant Possession
Status Sold
Price £160,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Squafre London W1H 7BG
On Behalf of CBRE Receivers
Property Information
Location
Miles
14 miles north of Worcester, 7 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 at the eastern end of the High Street at its junction with Worcester Street and Coventry Street. The property is situated on the pedestrianised thoroughfare, benefiting from pedestrian flow between The Swan Shopping Centre located directly opposite, which houses retailers such as Argos, Vodafone, Specsavers and 99p Stores and The Rowland Hill Shopping Centre to the south. Other nearby occupiers include Poundland, Oxfam, Natwest and Subway.
Tenure
Freehold.
Location
Miles
14 miles north of Worcester, 7 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 at the eastern end of the High Street at its junction with Worcester Street and Coventry Street. The property is situated on the pedestrianised thoroughfare, benefiting from pedestrian flow between The Swan Shopping Centre located directly opposite, which houses retailers such as Argos, Vodafone, Specsavers and 99p Stores and The Rowland Hill Shopping Centre to the south. Other nearby occupiers include Poundland, Oxfam, Natwest and Subway.
Tenure
Freehold.
Description
The property comprises a modern retail unit benefiting from trading accommodation on the ground and part first floor with ancillary accommodation on the part first and second floors. To the rear of the property there is parking for approximately four cars.
VAT
VAT is applicable to this lot.
Note
This property is being marketed for sale on behalf of Fixed Charge 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 Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without
personal liability.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a modern retail unit benefiting from trading accommodation on the ground and part first floor with ancillary accommodation on the part first and second floors. To the rear of the property there is parking for approximately four cars.
VAT
VAT is applicable to this lot.
Note
This property is being marketed for sale on behalf of Fixed Charge 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 Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without
personal liability.
Completion Period
Six Week Completion
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 Retail/Ancillary Ancillary
215.30 sq m 183.70 sq m 61.60 sq m
(2,318 sq ft) (1,977 sq ft) (663 sq ft)
Vacant
Total
460.60 sq m
(4,958 sq ft)
Contacts
Seller's Solicitors
Walker Morris LLP Kings Court, 12 King Street Leeds LS1 2HL
