18-19 Worcester St
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18-19 Worcester St
4,417 SF 100% Leased Retail Building Kidderminster DY10 1ED $243,957 ($55/SF)
Investment Highlights
- Freehold town centre retail investment opportunity fully let on new leases
- Town centre location close to Rowland Hill shopping centre.
- Producing £16,500 per annum, rising to £18,500 per annum
Executive Summary
Offers in excess of £195,000 are sought for the freehold interest. A purchase at this level represents a NIY of 8.27% and a reversionary yield of 9.28%
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
4,417 SF
Building Class
B
Year Built
1930
Price
$243,957
Price Per SF
$55
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Amenities
- Storage Space
- Air Conditioning
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18-19 Worcester St
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