11 Hagley Road, Stourbridge
Sold STC - £200,000 Offers Over
11 Hagley Road, Stourbridge, DY8 1QH
Offers in excess of £200,000
Floor Area (Max)
1,956 SqFt ( 182 SqM )
The property comprises a ground floor shop with storage unit to rear and a self contained 3 bed apartment above. The shop is currently occupied at a rent of £10,000 per annum, with the flat above currently being vacant (previously achieving £7,020 per annum)
The ground floor is let to Susan Oakley trading as Oakley House of Hair on a Law Society Business Lease commencing 03/11/17 and expiring 02/11/22 at a rent of £10,000 per annum. There is a rent review on the third anniversary. The tenant has a break clause at year 3 subject to 3 months prior notice.
11 Hagley Road is situated in the heart of the professional quarter of Stourbridge having a high profile position on this busy main road. Access to all town centres in the West Midlands is good as it is close to the Midlands motorway network.
Ground Floor shop and store totalling approx 665 sq ft
First and Second Floor 3 bed apartment totalling approx 1,291 sq f
Shop and apartment rated separately - please contact agent for more details.
We are instructed to seek offers in excess of £200,000 for the Freehold interest.
Chris Jeffries/Harvey Pearson 01384 374888 firstname.lastname@example.orgemail@example.com
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T: 01384 374888