2 High Street, Stourbridge

For Sale - £170,000

Details

2 High Street, Amblecote, DY8 4BX

Guide Price

£170,000

Floor Area (Max)

1,147 SqFt ( 107 SqM )

A fantastic, rare freehold opportunity to acquire this premises on the High Street in Amblecote, Stourbridge. The ground floor is currently occupied by a Dog Groomers, with the rear stores of the ground floor having been converted into a music studio. There is further detached ground floor space at the rear included with the property which is currently occupied by a hair salon. The first floor is unoccupied office space, however there is the potential to convert this into an apartment.

The current passing rents total £9,000 per annum. However, the potential passing rents could be in the region of £17,100 per annum should further improvements be made to the premises.

Location

The premises occupy an extremely prominent, roadside position on the High Street (A491) in Amblecote, Stourbridge, one of the main routes providing access from Stourbridge to Wolverhampton (10 miles) via neighbouring towns of Kingswinford and Wordsley.

Accomodation

Ground Floor:

Retail - 29.06 x 13.07 = 402 sq ft
Stores - 11.04 x 9.05 = 108 sq ft

Salon - 20.06 x 11.11 = 245 sq ft

First Floor:

28.03 x 13.10 = 392 sq ft
plus Kitchen and W/C

Rating

Rateable Value - £5,000

It is understood that this property will benefit from small business rate relief.

Terms

We are instructed to seek offers in the region of £170,000 for the Freehold interest.

Contact Details

Chris Jeffries
01384 374888
cj@hexagoncommercial.co.uk

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