Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a freehold site of 0.08 acres (0.03 hectares) with full planning consent for the development of 6 x flats and a ground floor commercial unit (Ref: 22/0917/FUL).
The land is broadly rectangular in shape and benefits from a prominent frontage to Comberton Hill, an established mixed-use street in Central Kidderminster. The land currently includes three advertising hoardings which are let on licenses producing a total £2,625 per annum and terminable with 6 months notice.
The proposed development comprises 6 x one bedroom flats and a ground floor Class E commercial unit with associated bin and bicycle stores. Proposed areas of all units are available in the below accommodation schedule.
Comberton Hill is a principal arterial route and the surrounding area is characterised by a number of mixed-use retail/residential schemes. There is a Tesco Supermarket immediately adjacent to the property.
The property is superbly well located for the amenities of Kidderminster and sits approx. 0.1 miles from Kidderminster Rail Station, the completed development will therefore be ideal for professionals commuting to Birmingham and other major centres.
Tenure
Freehold
Tenancy
The three advertising hoardings are currently let on licenses producing a total aggregate income of £2,625 per annum. These licenses are terminable anytime with 6 months notice. Please see the legal pack for more information.
Planning
Planning Reference: 22/0917/FUL - Wyre Forest District Council
Notes
VAT is applicable to this Lot.