11 Hagley Road - Stourbridge, DY8 1QH

11 Hagley Road

Stourbridge, DY8 1QH

11 Hagley Road, Stourbridge, DY8 1QH

Guide Price

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.

Location

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.

Accomodation

Ground Floor shop and store totalling approx 665 sq ft

First and Second Floor 3 bed apartment totalling approx 1,291 sq f

Rating

Shop and apartment rated separately - please contact agent for more details.

Terms

We are instructed to seek offers in excess of £200,000 for the Freehold interest.

Contact Chris Jeffries/Harvey Pearson

01384