Freehold retail investment in Redditch

A freehold town centre retail investment producing a current gross rent of £16,000 per annum. The property comprises a two-storey mid parade building featuring a ground floor retail shop with ancillary accommodation located on the first floor. 35 Unicorn Hill occupies a prominent town centre position, close to the Kingfisher Shopping Centre, Redditch Railway Station, and the town's principal retail and leisure facilities. The surrounding area comprises a strong mix of national and independent retailers, restaurants, professional offices, and civic uses, making Unicorn Hill a well-established commercial location within the town centre. Accommodation details include a ground floor retail shop extending to approximately 758 sq. ft. (70.39 sq m) and first floor offices, storage, and staff WCs extending to approximately 617 sq. ft. (57.42 sq m), providing a total area of 1,375 sq. ft. (127.81 sq m). The property is held on a freehold tenure and is sold subject to the existing tenancy. It is let in its entirety to Dara Dilan, trading as a Polish convenience store, for a term of 5 years commencing 10 July 2023 and expiring 9 July 2028, at a passing rent of £16,000 per annum. The energy performance rating is C, valid until 20 June 2032. The current rateable value is £15,000. Viewings are restricted to external viewings only; no internal viewings will be arranged.