Hagley Road - £649,000

Oldswinford, Stourbridge, DY8 2JH

Request a viewing or call 01384 397797

Request a viewing

or call 01384 397797

£649,000

 

Hagley Road

 

Commercial Development

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Details

  Price: £649,000
  Property Type: Commercial Development
  Lease Type: Freehold

Features

SUBSTANTIAL CORNER PROPERTY WITH LAND

PRIME LOCATION

FREEHOLD

RETAIL/RESIDENTIAL.MIXED USE (STP)

MAJOR ARTERIAL ROAD FRONTAGE

HIGH INCOME AREA

CAPABLE OF SUBDIVISION

Description

The property and land is located in a prime pitch on Hagley Road in the heart of Oldswinford, a mile away from Stourbridge Town Centre and immediately accessible to all its facilities.

Stourbridge Junction Railway Station is a short walk away along with many local businesses including Tesco, Majestic Wine and M&S Simply foods.

DESCRIPTION

The property comprises a substantial two & three storey building with a corner position on Hagley Road and Field Lane in two individual linked buildings with additional garages, storage and land. Full vehicle access is gained from Hall Street. The site is level in nature and the buildings are substantially in fair condition.

POTENTIAL

The property provides excellent opportunity for the following uses:

○ Retail A1 and A3

○ Offices

○ Restaurant

○ Residential conversion and new build

○ Care

○ Children's Nursery

We advise all potential purchasers to satisfy themselves regarding current or intended alternative uses of the property and seek planning consents as appropriate.

Planning Authority - Dudley MBC

Council House, Priory Road, Dudley DY1 1HF

0300 555 2345

www.dudley.gov.uk/residents/planning/

ACCOMMODATION

Ground Floor - 2,315 sf (215 sq m)

First Floor - 1,924 sf (179 sq m)

Second Floor - 262 sf (24 sq m)

TOTAL AREA - 4,501 sf (418 sq m)

External - Large Double Garage, Storage Buildings, Car Parking and land, vehicle access from Hall Street

TENURE - the Property is freehold

PURCHASE PRICE OIRO £649,000 (Subject to Contract)

LEGAL COSTS Each party to pay all own costs in respect of this transaction.

BUSINESS RATES Any prospective tenants should confirm rates liability with the Local Authority. The current rating value is £14,750 (as at April 2017)

VAT We understand VAT will not be charged on the sale of this property.

EPC Rating C

VIEWING   Full inspection viewings can be arranged with the Agents.

GENERAL TERMS

VAT

VAT will not be levied on the purchase price.

Services

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.

References

The successful tenant / purchaser will need to provide either a satisfactory bank reference and / or two trade references for approval.

Money Laundering

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.

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