Status: For Sale
Kidderminster Town Centre Mixed Use Investment Premises
- The Barrel, Bromsgrove Street, Kidderminster DY10 1PW
- Currently producing £92,540 per annum
- Guide price £1,175,000 for the freehold
The Barrel is situated within Kidderminster town centre, to the east of the main retail area and immediately to the west of the A456 ringway. There is direct access to the ringway off Bromsgrove Street via Coventry Street (A456), with the property having a direct frontage to Bromsgrove Street.
The property comprises a former public house, “The Barrel”, which has been converted to provide a mixed use freehold investment that is arrange over the lower ground, ground, first and second floors.
Located on the lower ground floor are nine storage units, Thai restaurant across the ground floor and twelve self contained residential units above.
When fully occupied the building can provide a gross annual yield of 8.4%.
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