Retail property (out of town) for sale
Property description & features
- Tenure: Freehold
- *REDUCED BY £75000*
- PROMINENT FREEHOLD SITE
- VARIETY OF POTENTIAL USES (STP)
- GOOD USEABLE ACCOMODATION
- SUBSTANTIAL PLOT
- BUSY MAIN ROAD LOCATION
- CORNER SITE
○ PROMINENT FREEHOLD SITE
○ VARIETY OF POTENTIAL USES (STP)
○ GOOD USEABLE ACCOMMODATION
○ FITTED FOR IMMEDIATE OCCUPATION
○ BUSY MAIN ROAD JUNCTION LOCATION
LOCATION
Situated at the junction of Hagley Road and Worcester Road occupying a substantial corner plot with 2 road frontages. Located on a major arterial road close to Stourbridge and Hagley.
Within easy reach of many local services including shops, cafes, eateries and pubs.
ACCOMMODATION
The property comprises a showroom / garage with secured level car park / display area with offices, kitchen and facilities.
The building comprises a gross area of c 1,200 sq ft (111 sq m) on a site of c 0.1 acres.
PLANNING & USES
The property is a former car sales and garage facility bit capable of a multitude of uses, including Car Sales, Retail, Offices or potential total redevelop for other purposes including residential (all subject to planning consent)
Queries to the local planning authority
Dudley Metropolitan District Council
or[use Contact Agent Button]
PRICE
Offers in the region of £500,000 either on a conditional or unconditional basis
SALE TERMS
The sale is to be by private treaty and subject to an overage provision on redevelopment.
BUSINESS RATES
Purchasers are responsible for Business Rates. Small business rates relief maybe available.
Current Rateable Value £10,250 as at April 2023
INSURANCE
The owner will insure up to completion.
LEGAL COSTS
Each party to pay all own costs in respect of this transaction.
VAT
We understand VAT will be not charged on the sale of this property.
VIEWING - please contact the Agents
GENERAL TERMS
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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