Hexagon Commercial Property - Ref: 51842

Property Information

Ref ID: 51842

Date available: 29-Apr-2024

Furnishing: Unfurnished

Property type: Office

 

Details

5 Hagley Road presents an excellent opportunity to acquire a fantastic building which is located on the Hagley Road and next to the Stourbridge Ring Road. Previously operating as a restaurant / bar it offers an excellent accommodation comprising of a large bar / seating area with a first floor seating area. There is also a kitchen fitted with extraction to the rear on the ground floor and multiple toilet facilities across all floors as well as further storage space to the rear and in the basement.
Ground Floor - 1,327 Sq Ft First Floor - 1,009 Sq Ft Second Floor - 289 Sq Ft Basement - 509 Sq Ft Total - 2,702 Sq Ft
Prominently situated on the busy Hagley Road and next to the Stourbridge Ring Road, the property benefits from strong transport links with Stourbridge Bus Station, and its shuttle bus link to Stourbridge Train Station (4 minute walk), and Stourbridge Train Station itself (1.2 miles) in close proximity. Stourbridge boasts several routes to areas across the West Midlands including Halesowen (6 miles), Wolverhampton (12 miles) and Birmingham City Centre (15 miles). The M5 motorway and its surrounding networks are within 8 miles.
Freehold
Rateable Value - £16,250 Rates Payable - £8,108.75
We are instructed to seek offers in the region of £425,000 for the Freehold interest. The premises are also to be let by way of a new lease on terms to be agreed.