BAR/RESTAURANT PREMISES
Summary
- CONVENIENT LOCATION
- INCENTIVES AVAILABLE
- NEW LEASE
- MAJOR RETAILERS NEARBY
- MIGHT SELL
- SUITABLE FOR LEISURE USE
Location
The Property fronts on to the popular Oxford Street in Kidderminster Town Centre. Oxford Street forms part of the one-way road system servicing the main retail area including the Rowland Hill, Swan and Weavers Wharf Shopping Centres.
The Property is situated within a conveniently located mixed use commercial parade. Notable occupiers in the vicinity include Barclays Bank, Iceland, Peacocks, Coffee 1 and Marks and Spencer. The Property is also close to the Town Hall, Library, Kidderminster College, Tesco Superstore and the Bus and Train Station.
Kidderminster Town Centre benefits from excellent transport links with the Ring Road providing ready access to Birmingham Road (A456) and Comberton Road (A448) with the M5 Motorway approximately 10 miles to the east.
Get directions from Google Maps
Mainline Stations
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Kidderminster7 mins
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Blakedown63 mins
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Hartlebury72 mins
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Hagley95 mins
Underground Station
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Chesham1621 mins
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Reading1623 mins
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Amersham1648 mins
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Twyford1665 mins
Further Information
Price £425,000
Rent £30,000 per annum
Rates Payable £13,722.50 per annum
Service Charge £320 PCM PLUS VAT
EPC Rating This property has been graded as B (34)
Description
The Property comprises a ground floor Bar/Restaurant forming part of a larger commercial block. The Property is at lower ground floor level and benefits from ramp access as well as staircase off Oxford Street together with separate access for deliveries off a gated yard to the side.
The Property would readily lend itself to alternative Leisure uses, such as a Gym, subject to Planning Permission.
The Gross Internal Area (GIA) extends to approximately 7,081 sq ft (658 sqm) GIA.
Tenure
The Property is available by way of a New Business Lease for a term of 3 or more years. The owner would consider a Long Leasehold sale.
Rent
£30,000 pa, plus VAT
Legal Fees
Each party to pay their own fees.
Rateable Value
£27,500
Services
We understand that all mains’ services are available
Energy Performance Certification (EPC)
Band B (34)
Viewing
Strictly by appointment with our Reception on 01527 584242.
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