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Office for sale

Crown Lane, Stourbridge, West Midlands, DY8

11,600 sq. ft. | £525,000

Property Description

Commercial information

  • 11,600 sq ft (1,077 sq m)
  • Use class orders: A2 Financial and Professional Services and B1 Business

Key features

  • Prominent Office Building
  • Located off Lower High Street and Ring Road
  • Opposite the new Crown Shopping Centre
  • Suitable for Alternative Uses - STP
  • Car Parking Available

Full description

Tenure: Leasehold

Location

The property is located in the centre of Stourbridge off Lower High Street with road frontages to Crown Lane and the Ring Road. The new Crown Shopping Centre with Tesco Extra is adjacent with large public car park. A further car park (owned by our client) is also situated to the left of the premises with access of Crown Lane.
Public transport is excellent with regular bus services and the bus and rail station being within close proximity.

Description

The property comprises a two storey office premises which was formally used as a travel hypermarket. The premises are accessed via pedestrian access off Crown Lane and lead into a large reception area with open plan offices behind. The offices comprise carpet flooring, suspended ceiling with CAT II Inset lighting, perimeter trunking air conditioning, and integral kitchen, male and female toilets and DDA compliant toilet. The first floor comprises further office accommodation of a similar specification with cellular offices, and WC facilities.

Accommodation

TOTAL - 11, 600 SQ FT (1, 077.66 SQ M) approximately

Rental / Terms

The property is available on a new lease with length to be agreed at 50, 000 per annum exclusive, representing a low rental value of only 4.30 per square foot.
Sale Price Alternatively consideration will be given to the sale of the property with offers in the region of 520, 000 sought for the freehold interest, subject to contract.

VAT

We understand that VAT is payable on the rental and purchase price.

Energy Performance Certificate

Available upon request from the agent.

Services

It is understood that all mains services are available on or adjacent to the premises. The agents have not tested the services and prospective tenants are advised to make their own enquiries regarding the adequacy and condition of these installations.

Planning

We have been verbally advised that the property has planning consent under use class B1(a) Offices. The property may be suitable for alternative uses subject to obtaining the necessary planning consent.

Availability

The property is immediately available following completion of legal formalities.

Viewings

Strictly via appointment from the sole agent: Siddall Jones on 0121 638 0500

More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

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