Lower High Street - £295,000

Stourbridge, West Midlands, DY8 1TT

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£295,000

 

Lower High Street

 

Commercial Property

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  Price: £295,000
  Property Type: Commercial Property

Features

POTENTIAL CONVERSION STP

CLOSE TO CAR PARKING & PUBLIC TRANSPORT

INVESTMENT / REFURBISHMENT OPPORTUNITY

PRIME TOWN CENTRE LOCATION

SUBSTANTIAL BUILDING WITH CAR PARKING

Description

LOCATION

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.

DESCRIPTION

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 permission)

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.

INVESTMENT OPPORTUNITIES

○ 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

ACCOMMODATION Approximate net internal areas:

Ground Floor 1,475 sq ft 137 sq m

First Floor 1,309 sq ft 121.6 sq m

Second Floor 457 sq ft 42.5 sq m

TOTAL 3,241 sq ft 301.1 sq m

External - Parking for 3 / 4 cars to rear

SERVICES

All mains services are available - gas is piped into the building but not connected.

TENURE

We understand the property is freehold.

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