Hagley Road - £175,000

Stourbridge, DY8 1QU

Request a viewing or call 01384 397793

Request a viewing

or call 01384 397793



Hagley Road


Retail Property (High Street)

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  Price: £175,000
  Property Type: Retail Property (High Street)
  Lease Type: Freehold


▪ Period building

▪ Flexible Use - Beauticians - Hair - Retail - Offices - Residential

▪ Front and rear access

▪ Shop Let

▪ Refurbishment of upper floor

▪ Rear Workshop

▪ Prominent Location

▪ High traffic volumes


Situated in the heart of Oldswinford in area of mixed commercial and retail premises. The property is surrounded by similar properties and forms part of a terrace of retail / commercial buildings.

Within easy reach of many local services including shops, cafes, eateries and pubs. Close, railway station and Stourbridge Town Centre.


The property comprises a semi detached commercial / retail premises over two floors of standard brick construction with tiled and pitched roof. The retail property is well maintained and fitted out, and comprise approximately 420 sq ft. The upper floor accommodation comprise a single bedroom flat in need of refurbishment the rear of the site is a single storey workshop premises with rear access from Heath Lane.


The ground floor retail unit is let to Jimmy Trims as a Gents Barbers on a lease at a passing rental of £4,644 per annum exclusive. The upper floors are vacant as is the rear workshop.


The asking price is offers in the region of £175,000 without VAT


Tenants are responsible for all Business Rates. Current Rateable Value for the shop is £3,950 from April 2023. The upper floor has a Council Tax banding of A.


The owner will take out Buildings Insurance.


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


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

VIEWING - please contact the Agents


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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