£450,000
Property for saleNew Road, Kidderminster DY10
Just added
Freehold
About this property
• Busy town centre bar in popular location
• 3 bedroom first floor flat requiring
refurbishment
• Reversionary rent £39,000 per annum
• Extensive parking available to front and rear
• Gross Internal Floor Area 2,847sqft (264.59m2)
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, along with Morrisons, Aldi and
Kidderminster college 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 property is a double fronted town centre bar with
glazed entrance and recessed porchway. The bar area
is open plan, with WCs and rear courtyard. Above is a
three-bedroom apartment, currently requiring
refurbishment.
Accommodation
Internally the property has an open plan public bar
area. There are built in bar fittings, which belong to the Landlord and rear cellar area. There are built in stores,
male, female and disabled toilets. A rear hallway leads
out to a canopy porch, which is the entrance to the rear
courtyard garden, which provides an extensive area
and built in seating. There is also gated access to the
Market Street pay and display carpark, which is
adjacent to Kidderminster College and opposite Tesco
supermarket.
The first floor flat, 92a New Road, has a separate
entrance to the right hand side of the building with
stairs leading up to the internal landing. The
accommodation requires refurbishment and
modernization, but would provide a layout to include
kitchen, living room, three bedrooms and bathroom.
There is generous ancillary space, in addition these
principle rooms.
Ground Floor Gross Internal Area: 1,917ft2 (178.23m2)
First Floor Gross Internal Area: 930ft2 (86m2)
Tenancies
The tenant is holding over on the terms of an expired
lease, having first occupied the premises in 2011. The
bar first opened under separate ownership in 2006. The
tenant has agreed to sign a new 5 year lease on internal
repairing and insuring terms at a rental of £28,600 per
annum.
Services
We understand that electricity, water, gas and drainage
are available to the properties. There are separate
meters for the commercial and residential
accommodation.
Terms
The property is freehold and shall be sold subject to
the above tenancies
outgoings
From the 1st April 2026 the property has a rateable value
of £16,000
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:
• 3 bedroom first floor flat requiring
refurbishment
• Reversionary rent £39,000 per annum
• Extensive parking available to front and rear
• Gross Internal Floor Area 2,847sqft (264.59m2)
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, along with Morrisons, Aldi and
Kidderminster college 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 property is a double fronted town centre bar with
glazed entrance and recessed porchway. The bar area
is open plan, with WCs and rear courtyard. Above is a
three-bedroom apartment, currently requiring
refurbishment.
Accommodation
Internally the property has an open plan public bar
area. There are built in bar fittings, which belong to the Landlord and rear cellar area. There are built in stores,
male, female and disabled toilets. A rear hallway leads
out to a canopy porch, which is the entrance to the rear
courtyard garden, which provides an extensive area
and built in seating. There is also gated access to the
Market Street pay and display carpark, which is
adjacent to Kidderminster College and opposite Tesco
supermarket.
The first floor flat, 92a New Road, has a separate
entrance to the right hand side of the building with
stairs leading up to the internal landing. The
accommodation requires refurbishment and
modernization, but would provide a layout to include
kitchen, living room, three bedrooms and bathroom.
There is generous ancillary space, in addition these
principle rooms.
Ground Floor Gross Internal Area: 1,917ft2 (178.23m2)
First Floor Gross Internal Area: 930ft2 (86m2)
Tenancies
The tenant is holding over on the terms of an expired
lease, having first occupied the premises in 2011. The
bar first opened under separate ownership in 2006. The
tenant has agreed to sign a new 5 year lease on internal
repairing and insuring terms at a rental of £28,600 per
annum.
Services
We understand that electricity, water, gas and drainage
are available to the properties. There are separate
meters for the commercial and residential
accommodation.
Terms
The property is freehold and shall be sold subject to
the above tenancies
outgoings
From the 1st April 2026 the property has a rateable value
of £16,000
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
£2,251 per month
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