Lichfield Street, Stourport-on-Severn, DY13
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Freehold Investment
- Excellent location
- Period Grade II Listed Building
- Fully Income Producing
- Gross Rental £27,300 pa
- Restaurant & two 2 bedroom flats
- Private Car Parking
- Immediately Available
Description
ACCOMMODATION
The property comprises an end of terrace period 3 storey property of traditional construction in brick with tiled pitched roof. To the side is a flat car parking area directly from Lichfield Street. We are unaware of services / heating.
We understand the property has a restaurant use to the whole of the ground floor and two 2 bedroom apartments above with access from the side. See floor plans for approximate layout.
TENANCIES & RENTALS
The Property is freehold - Title No WR109256. We understand the rentals to be as follows. Tenancy details available from the Agents.
Ground Floor £12,000 pa exclusive
First floor flat £650 pcm exclusive
Second floor flat £625 pcm exclusive
Total Annual Rental £27,300 gross pa - All details to be confirmed
LISTING
The Property is Grade II Listed within the Conservation Area - English Heritage No 933347
PRICE
By Order of the High Court the property is to be sold by private treaty. Offers of £280,000 are invited for immediate sale - subject to contract only.
BUSINESS RATES & COUNCIL TAX
Tenants are responsible for Business Rates and Council Tax.
Ground Floor Rateable Value £6,200 as at April 2023
Ist & 2nd Floor Flats Council Tax Band A
LEGAL COSTS - Each party will responsible for all their own costs in respect of this transaction.
VAT - All prices, premiums and rents etc are quoted exclusive of VAT. VAT is not charged on this property.
VIEWING - Strictly by appointment with the Agents on - option 3.
Brochures
Brochure 1Lichfield Street, Stourport-on-Severn, DY13
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hartlebury Station2.4 miles
- Kidderminster Station3.6 miles
- Blakedown Station6.4 miles
About the agent
Walton & Hipkiss, Stourbridge - Commercial
Hagley Road, Stourbridge, DY8 1QH
It is Walton and Hipkiss's philosophy to work closely with those who have commercial property issues, be they existing or potential new clients, we strive to successfully resolve their Commercial Property problems and issues.
Whether someone is seeking to reduce occupational costs or simply trying to find new office, Industrial, Development land or Retail space, Walton and Hipkiss have the experience, drive and attitude to make that experience as simple and as hassle free as possible.<
Industry affiliations
Notes
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