Oxford Street, Kidderminster, DY10

A superb Commercial/Residential town centre investment opportunity consisting of ground floor commercial unit currently Let and run as a shop with two substantial two bedroom residential flats above. Gated access to rear area for bin storage and access only. Energy Ratings: Shop F & Flats C

PROPERTY


Description
A rare opportunity to purchase this commercial/residential investment opportunity. The rental incomes are listed below. The Shop is Let on a five year lease from October 2025 at an initial rent of £12,000 per annum. The rental income of the flats sits at each flat achieving £7,200 per annum being £600.00 per calendar month per flat. Rental yield based on shop achieving full income and two flats income if buying at £285,000 as an example would be 9.3% yield. The accommodation for each of the premises are listed below:

SHOP
From Oxford Street a door opens into:

Shop Front 7.52m x 8.17m
(tapering) Double fronted glazed windows giving light to the shop area. As you stand just through the entrance door looking to the left corner there is a door to Storage Room. To the rear of the right had side of the shop a door leads to a

Store Room 2.69m x 3.17m
Ceiling light point. Central heating radiator.

Kitchen 2.04m x 6.09m
Three ceiling light points. Central heating radiator. Smoke alarm. Roll top working surfaces. Stainless steel sink and drainer. Base cupboards. Housing the boiler. Fuse board. Door gives rear access for bins. Further door to:

Cloakroom/w.c.


Leaving the shop
There is an alley giving access to the Communal Door to both flats. Communal door opens to the Communal Entrance Hall - Ceiling light point. Smoke alarm. Stairs rise to the First Floor Landing - Doors leading to Flats 1 & 2

Flat 2
Door opens into

Entrance Hall
Ceiling light point. Smoke alarm. Doors radiate to lounge, kitchen area, bedrooms and bathroom. Loft access.

Lounge Kitchen 5.12m x 7.93m
Rear and front facing double glazed windows. Two central heating radiators, Six ceiling spotlights. TV aerial point. Kitchen Area - Roll top working surfaces with a range of wall cupboards and base units. Housing the boiler. Integrated electric oven with gas hob. Space and plumbing for washing machine.

Bedroom No 1 4.23m x 3.6m
Front facing double glazed window. Ceiling light point. TV aerial point. A double bedroom.

Bathroom 1.84m x 1.98m
Part tiled. White suite comprising w.c., wash hand basin and bath with 'Mira' shower over.

Bedroom No 2 2.21m x 3.95m
Rear facing double glazed window. Ceiling light point. Central heating radiator,. A further double bedroom.

Flat 1 - Private entrance door


Lounge 3.59m x 4.06m
Rear facing double glazed window. Ceiling light point. Central heating radiator. Smoke alarm. Door to reception hall.

Bedroom 2.06m x 4.24m
Rear facing double glazed window. Ceiling light point. A double bedroom

Dining Kitchen 3.07m x 2.99m
Rear facing double glazed window. Six ceiling spotlights. Centra heating radiator. Housing a new boiler. Part tiled roll top working surfaces with a range of base units and wall cupboards. Integrated electric oven and gas hob with brushed stainless steel extractor hood over. Stainless steel sink and drainer. Space and plumbing for washing machine.

Rear Hall
Two ceiling light points. Smoke alarm. Doors to bedrooms and storage cupboard.

Bedroom 3.59m x 4.24m
Front facing double glazed window. Ceiling light point. Central heating radiator, A further double bedroom

Bathroom 1.84m x 1.99m
Chrome ladder effect towel radiator. Two ceiling spotlights. White suite comprising w.c., bath with shower over and wash hand basin, Part tiled,