Property photos
£1,250,000
(£63.78/sq. ft)
Retail premises for sale
111-112 High Street, Stourbridge, Stourbridge DY819,600 sq. ft
Local area information
Property location
Nearby amenities
- Stourbridge Town 0.1 miles
- Redhill School 0.2 miles
- Greenfield Primary School 0.3 miles
- Stourbridge Junction 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Stourbridge to find out more about the local area.
Features and description
Loungers plc Investment with Car Park Income and Consented Residential Conversion Opportunity – For Sale – Freehold
Town centre Freehold mixed-use investment
Let to Loungers plc with 10.75 years unexpired
Consented residential development opportunity to convert upper floors to 9 residential apartments, with further consent for up to 9 units.
Additional income from car park managed by Euro Car Parks
Generating £64,630 in 2024.
Occupiers in the vicinity include Coffee #1, B&M, Home Bargains, th Baker, Specsavers and Greggs
Other major occupiers represented in Stourbridge include Waitrose, Tesco, Iceland and Aldi.
Guide price £1,250,000 plus VAT which reflects a net initial yield of 6.82% on the commercial income, plus £350,000 for the residential element
Town centre Freehold mixed-use investment
Let to Loungers plc with 10.75 years unexpired
Consented residential development opportunity to convert upper floors to 9 residential apartments, with further consent for up to 9 units.
Additional income from car park managed by Euro Car Parks
Generating £64,630 in 2024.
Occupiers in the vicinity include Coffee #1, B&M, Home Bargains, th Baker, Specsavers and Greggs
Other major occupiers represented in Stourbridge include Waitrose, Tesco, Iceland and Aldi.
Guide price £1,250,000 plus VAT which reflects a net initial yield of 6.82% on the commercial income, plus £350,000 for the residential element
More information
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