Retail premises for sale in St Amblecote, Stourbridge DY8, £1,495,995

1,495,995.00

Offer Nr.:
62632496
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Imperial Properties
Phone(s):
01952 476502

* Freehold
* 15, 244 Sq ft
* Currently full Planning for 16 apartments
* Potential for 8 more
* Current Rent Roll £50, 300 per annum
* Year of Build 1978
* 3 Floors
* Total Site Size: 0. 77 Acres
* Potential further development
**Detailed Description**
This fantastic opportunity to procure this centrally located commercial
building with development opportunity on the first & second floors. The first
& Second floor has full Planning for 4 x 2 bed and 12 x 1 bed apartments,
ranging in size from 538 Sq ft > 673 Sq ft in size.
Planning for 16 apartments in total. The block next door is a purpose built
block of apartments with the apartments achieving £115, 000 - £125, 000 - £650
pcm (2 Beds) Evolution House. 5 blocks of 6 apartments.
Retail and storage areas at the rear are incoming producing £50, 300 per annum.
The current site in total is 0. 77 Acre. With further development opportunity
to the rear or developing the whole site with a new scheme.
For more information or to book a viewing please contact the Sales Team on the
details below.

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