8 bed business park

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8 bed business park

Church Street, Kidderminster DY10
£650,000

Our Summary

  • The opa is pleased to present this superb freehold mixed-use investment located in the heart of Kidderminster Town Centre— a fully tenanted, Grade II listed property offering strong income, future uplift potential, and an excellent town centre position
  • The space benefits from approved planning for flexible retail or office use, aligning with modern commercial demand
  • In addition to the existing income, there is scope to extend into the open loft space (subject to further planning) to create additional lettable rooms or storage, providing a valuable uplift opportunity for investors and developers

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This freehold mixed-use investment in Kidderminster Town Centre offers a strong income and future uplift potential. The property comprises a ground floor commercial unit (51.6 sqm) let on a 6-year lease, generating £8,340 per annum, and an 8-bedroom House in Multiple Occupation (HMO) above, fully let and producing £52,180 per annum. The property benefits from a prime town centre location, excellent visibility, and accessibility. With approved planning for flexible retail or office use, there is scope to extend the property into the open loft space, providing a valuable uplift opportunity. The property is fully tenanted, with a total gross income of £60,520 per annum, making it an attractive investment opportunity for investors and developers.