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    Auction House London
    Lot 33
    Retail Property (high street)
    9 Rowland Hill Centre
    Kidderminster, Worcestershire, DY10 1EJ
    Withdrawn Prior.
     
    All
    Number 1
    A Substantial Shopping Centre Comprising of 21 Retail Units Part Let Producing £273,460 Per Annum. Potential for Residential Development (Subject to Obtaining all Relevant Consents)

    Tenure

    Leasehold. The property is held on a 125 year lease from 9th June 1975 (thus approximately 80 years unexpired) at a rent reserve of £24,000 per annum exclusive geared to 8% of the estimated rental value.

    Location

    The shopping centre is situated in the centre of Kidderminster and is home to various shops and amenities. The open spaces of Brinton Park are within easy reach. Transport links are provided by Kidderminster rail station.

    Exterior

    The property benefits from 50 car parking spaces

    Current Rent Reserved

    Current Rent Reserved £273,460 per annum

    Accommodation and Tenancy Schedule

    Property Floor Accommodation Lessee Lease Terms Current Annual Rent
    Unit 1 Ground 290 sq ft / 26.98 sq m Photographic Retail 2008 Ltd /Max Spielmann Ltd 10 years from 23/01/2013 (holding over) £13,200
    Unit 2 Ground & First 1,789 sq ft / 166.2 sq m
    1,421 sq ft / 131.99 sq m    		 Santander Plc 8 years from 10/08/2012 £57,000
    Unit 3 Ground & First 1,131 sq ft / 105.1 sq m
    587 sq ft / 54.5 sq m    		 Sally Salon Services 10 years from 11/04/2012 £35,400
    Unit 4 & Part 5 Ground & First 1,413 sq ft / 131.3 sq m
    1,460 sq ft / 135.6 sq m    		 Vacant Vacant Vacant
    Unit 5 Ground 677 sq ft / 62.9 sq m Vacant Vacant Vacant
    Unit 6A Ground 877 sq ft / 81.45 sq m Individuals t/a Excellent Eyebrows 5 years from 07/02/2022 £9,360
    Unit 7 Ground & First 866 sq ft / 80.47 sq m
    854 sq ft / 79.3 sq m    		 Vacant Vacant Vacant
    Unit 8 Ground & First 780 Sq Ft / 72.5 SqM
    398 Sq Ft / 37 SqM    		 Vacant Vacant Vacant
    Unit 9 Ground & First 958 Sq Ft / 89 SqM
    497 Sq Ft / 46.2 SqM    		 Vacant Vacant Vacant
    Unit 10 Ground & First 981 Sq Ft / 91.1 SqM
    475 Sq Ft / 44.1 SqM    		 Vacant Vacant Vacant
    Unit 11 Ground & First 1,064 Sq Ft / 98.8 SqM
    410 Sq Ft / 38.1 SqM    		 Vacant Vacant Vacant
    Unit 12 & 18A Ground & First 2,339 Sq Ft / 217.3 SqM
    946 Sq Ft / 87.9 SqM    		 ECSD Ltd - Leading Labels Tenancy At Will Nil
    Unit 14 Ground & First 2,457 Sq Ft / 228.3 SqM
    1,080 Sq Ft / 100.3 SqM    		 Vacant Vacant Vacant
    Unit 15/16 Ground and First 2,886 Sq Ft / 249 SqM
    2,132 Sq Ft / 198.1 SqM    		 Vacant Vacant Vacant
    Unit 17 Ground & First 2,680 Sq Ft / 249 SqM
    2,704 Sq Ft / 251.2 SqM    		 Vacant Vacant Vacant
    Unit 18B Ground & First 2,060 Sq Ft / 191.34 SqM
    182 Sq Ft / 16.9 SqM    		 Café Pacifico Kidderminster Ltd 10 years from 27/01/2014 (holding over) £24,000
    Kiosk 1/Unit 13B Ground N/a Vacant Vacant Vacant
    Unit 4A Vicar Street Ground 887 Sq Ft / 82.4 SqM Vicar Street Nails 7 years from 20/06/2020 £24,000
    Unit 5B Vicar Street Ground 1,496 Sq Ft / 139 SqM Chapman & Meyers Options 10 years from 07/03/2013 £60,000
    Unit 6C Vicar Street Ground & First 936 Sq Ft / 87 sqM
    226 Sq Ft / 21 SqM    		 Warren James (Jewellers) Ltd 10 years from 04/09/2017 £32,500
    Unit 7D Vicar Street Ground 1,114 Sq Ft / 103.45 sqM Individuals t/a Easy Lounge Coffee Shop 20 years from 10/05/2022 £18,000
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