Viewing: 01384 397797
Retail/Food/Residential - Investment / Refurbishment
The property is located on Lower High Street in the heart of Stourbridge Town Centre and immediately accessible to the town centre and all its facilities. Within a few minutes walk from the Stourbridge Bus & Railway Stations.
The property comprises a substantial extended three storey corner property with rear access and land for car parking. Located within the Conservation Area immediately opposite King Edward VI College and close to the new Crown Centre.
The property has a substantial retail area with shop front to Lower High Street (Class A1 Retail) and to the rear a good sized storage area with roller shutter access and a separate chiller room. The first and second floors comprise a number of individual rooms and facilities capable of conversion to an alternative use (subject to planning permissions)
The building is predominantly of traditional brick construction with part tiled pitched roof part flat. The property will require a degree of refurbishment and renovation.
○ Retail or restaurant / food uses to the ground and upper floors
○ Residential conversion and extension of the rear and upper parts
○ Total Residential Conversion
○ Retail with Offices above
○ Other alternative uses
Floor Description sq ft sq m
Ground Retail Zone A 393 36.5
Ground Retail Zone B 346 32.1
Ground Retail Zone C 133 12.4
Ground Office 80 7.4
Ground Storage Area 393 36.5
Ground Storage 118 11
First Storage 801 74.41
Second Storage 447 41.53
TOTAL 2711 252
External Car Parking Spaces 6
All mains services are available - gas is piped into the building but not connected.
We understand the property is freehold.
Each party to pay all own costs in respect of this transaction.
This is shown edged red on the attached plan (not to scale and only approximate) A right of way across the rear roadway is in favour of the adjoining property.
Prospective Purchasers are advised to satisfy themselves regarding current or intended uses of the property with the Local planning Authority - Dudley Metropolitan Borough Council.
We understand the property is not statutorily listed but is a locally listed building (Reference SMR 7493) and within the High Street Stourbridge Conservation Area - Purchasers are recommended to undertake their own investigation as to the Listing Status.
The properties are subject to Business Rates. The current rateable values (2017) are £7,300.
Any prospective purchaser should confirm rates liability with the Local Authority.
Full inspection viewings must be arranged with the Agents.
VAT is not payable on the purchase price.
The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify they are in working order or fit for their purpose. The tenant is advised to obtain verification from their solicitor or surveyor.
The successful tenant / purchaser will need to provide either a satisfactory bank reference and / or two trade references for approval.
The successful tenant will be required to submit proof of identity, in accordance with money laundering regulations.
Fixtures & Fittings
Any fixtures and fittings not expressly mentioned within these particulars are excluded from the transaction.
Areas & Dimensions
All areas and dimensions are deemed to be approximate only.