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Commercial Property for sale

High Street, Lye, Stourbridge, West Midlands

Offers in Region of £160,000

Property Description

Full description

Tenure: Freehold

** INVESTMENT PROPERTY Flat and Shop currently rented out earning approx. £11,200 pa (approx. 7%) ** We are delighted to offer to market this high street retail shop together with a large three bedroom duplex apartment.

The shop is in excellent position being located in the heart of busy Lye High Street and benefits from central heating. Offering approximately 80 sq metres in total space including retail area, cellar space with walk in safe, kitchen and toilet facilities to the rear.

To the rear of the property is a useful yard and there is private parking along with on road parking to the front. EPC: C

Property ref: 121_1356_4071980

Retail Space 
5.27m x 11.00m (17' 3" x 36' 1") at widest point.
Two windows and a door to the high street with roller shutter. A well presented former Lloyds bank with laminate flooring, storage cupboard and counter. Lighting.

Access to cellar space with walk in safe:
Safe 2.43 x 4.85
Storage area 1.24 x 5.33

Rear Lobby 
Rear access door with roller shutter leading to the yard and parking area. Door to kitchen and separate WC. Access door to flat.

2.27m x 3.18m (7' 5" x 10' 5") Window to side and storage cupboard. Low level units with stainless steel sink and drainer. 'Ferroli' gas boiler.

Window to side and vanity unit wash hand basin. Door to low level WC with window.

To the rear of the property is a yard and parking. There is also on road public parking to the front.

Three Bedroom Duplex Apartment 
A wonderful addition to the investment is this three bedroom duplex apartment. Offering: Lounge, Kitchen, Pantry, Bathroom to the first floor and to the second floor are three bedrooms. Gas Boiler. This apartment is currently rented earning £5,700 per annum.

We understand VAT will be payable on the purchase price.

Viewing is strictly by appointment only through Bloore & King Estate Agents. Please call 0121 550 4151

Bloore & King have not been able to confirm the availability of services such as the gas, water, electricity and drainage to the property. We advise that all interested parties should obtain verification through their solicitor or surveyor before entering any legal commitment.
Bloore & King have not tested the working order of the heating system in this property, we advise all interested parties to check before entering any legal commitment.
Please note that items in the photographs may not be included in the sale. All fixtures and fittings must be verified through your legal representative.
Bloore & King have not sought to verify the legal title or tenure of the property and the buyers must obtain verification from their solicitor.

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