11 Hagley Road, Stourbridge
For Sale - £200,000 Offers Over
11 Hagley Road Stourbridge, DY8 1QH 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 stroage unit to rear and a self contained 3 bed apartment above. Both the shop and flat are occupied and currently producing a total of £17,020 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.
The first and second floors are let to a Mrs Hastilow on a statutory periodic tenancy at a rent of £7,020 per annum - occupied 31/05/17
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.
Harvey Pearson 01384 374888 firstname.lastname@example.org
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T: 01384 374888