£350,000
Property for saleNew Road, Kidderminster DY10
Just added
Freehold
About this property
• Freehold investment subject to tenancies
• Providing a current income of £25,480 per
annum
• Centrally located to Kidderminster town
centre
• On street parking and pay & display
• Total floor area 1,500sqft (139.40m2)
Location
The property is centrally situated to Kidderminster
town centre on one of the main arterial roads into the
town. It overlooks Tesco’s petrol filling station adjacent
to their supermarket, with Morrisons, Aldi and
Kidderminster college also in close proximity. In
addition to the on street parking there is also the New
Road pay & display carpark.
Kidderminster town centre is undergoing a period of
regeneration, with £36m having been committed to
public assets, with a view to catalyzing further private
investment and the redevelopment of Lion Fields,
Outside the town centre, there is a growing population
to all three towns of the Wyre Forest, with there being
substantial residential development currently being
undertaken.
Description
The properties comprise of two ground floor shops,
divided by an open walkway to the rear yards/land.
Number 26 New Road is trading as a long established
(25 years) Chinese takeaway, with there being single
storey extensions to rear. 27 New Road is a
confectionary and vape shop. Accessed via a separate
staircase, there is a two bedroomed apartment which
spans across both retail premises. To the rear there is a yard area and beyond this a
section of land, which may provide some potential if
connected with adjoining rear gardens in the future,
accommodation
26 New Road
The premises has retail frontage onto New Road with
a glazed frontage leading into the retail/takeaway
counter area. Behind this is situated the main kitchen,
connected to the preparation kitchen to rear, which
also has an outside door. This further connects to
three storage rooms, which lie beyond.
Gross Internal Area 625ft2 (58.13m2)
27 New Road
This premises has a glazed frontage onto New Road
with access to the retail shop, which has been fitted
out by the Tenant with racking and flooring, together
with suspended ceiling and inset lighting. To the rear
there is a stores/kitchenette, together with enclosed
WC.
Gross Internal Area 340ft2 (31.56m2)
26a New Road
This property has separate stairway access from the
passageway leading between the two shops to the
first floor. The property comprises of two bedrooms,
living room, kitchen and bathroom accommodation.
Gross Internal Area 535ft2 (49.73m2)
26 & 26a New Road
Leased to 18/04/2031. Current rent £17,680 per annum.
Next rent review April 2026.
27 New Road
Leased to 15/06/2032. Current rent £7,800. Rent
review fixed increase to £8,700 per annum 15/06/2026
and £9,600 per annum 15/06/2029. Break clause
15/06/2026 (3 months notice required)
terms
The property is freehold and shall be sold subject to
the above premises
outgoings
From April 2026 the rateable values are: 26 New Road
£4,200. 27 New Road £4350. 26a is Council Tax band A
VAT
We are informed by the Owner that the premises is
not subject to VAT
viewing
Via the Sole Agent’s Great Witley Office
Tel: Contact: Nick Jethwa
Email:
• Providing a current income of £25,480 per
annum
• Centrally located to Kidderminster town
centre
• On street parking and pay & display
• Total floor area 1,500sqft (139.40m2)
Location
The property is centrally situated to Kidderminster
town centre on one of the main arterial roads into the
town. It overlooks Tesco’s petrol filling station adjacent
to their supermarket, with Morrisons, Aldi and
Kidderminster college also in close proximity. In
addition to the on street parking there is also the New
Road pay & display carpark.
Kidderminster town centre is undergoing a period of
regeneration, with £36m having been committed to
public assets, with a view to catalyzing further private
investment and the redevelopment of Lion Fields,
Outside the town centre, there is a growing population
to all three towns of the Wyre Forest, with there being
substantial residential development currently being
undertaken.
Description
The properties comprise of two ground floor shops,
divided by an open walkway to the rear yards/land.
Number 26 New Road is trading as a long established
(25 years) Chinese takeaway, with there being single
storey extensions to rear. 27 New Road is a
confectionary and vape shop. Accessed via a separate
staircase, there is a two bedroomed apartment which
spans across both retail premises. To the rear there is a yard area and beyond this a
section of land, which may provide some potential if
connected with adjoining rear gardens in the future,
accommodation
26 New Road
The premises has retail frontage onto New Road with
a glazed frontage leading into the retail/takeaway
counter area. Behind this is situated the main kitchen,
connected to the preparation kitchen to rear, which
also has an outside door. This further connects to
three storage rooms, which lie beyond.
Gross Internal Area 625ft2 (58.13m2)
27 New Road
This premises has a glazed frontage onto New Road
with access to the retail shop, which has been fitted
out by the Tenant with racking and flooring, together
with suspended ceiling and inset lighting. To the rear
there is a stores/kitchenette, together with enclosed
WC.
Gross Internal Area 340ft2 (31.56m2)
26a New Road
This property has separate stairway access from the
passageway leading between the two shops to the
first floor. The property comprises of two bedrooms,
living room, kitchen and bathroom accommodation.
Gross Internal Area 535ft2 (49.73m2)
26 & 26a New Road
Leased to 18/04/2031. Current rent £17,680 per annum.
Next rent review April 2026.
27 New Road
Leased to 15/06/2032. Current rent £7,800. Rent
review fixed increase to £8,700 per annum 15/06/2026
and £9,600 per annum 15/06/2029. Break clause
15/06/2026 (3 months notice required)
terms
The property is freehold and shall be sold subject to
the above premises
outgoings
From April 2026 the rateable values are: 26 New Road
£4,200. 27 New Road £4350. 26a is Council Tax band A
VAT
We are informed by the Owner that the premises is
not subject to VAT
viewing
Via the Sole Agent’s Great Witley Office
Tel: Contact: Nick Jethwa
Email:
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Monthly repayment
£1,750 per month
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