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89, Dudley Road, Halesowen

£395,000

£156.87 per sq ft

Business rates & charges may apply

HEXAGON COMMERCIAL PROPERTY LIMITED, Stourbridge
SIZE AVAILABLE

2,518 sq ft

234 sq m

SECTOR

Commercial property for sale

Key features

  • PROMINENT ROADSIDE POSITION ON DUDLEY ROAD (A459), ONE OF HALESOWEN'S BUSIEST ARTERIAL ROUTES
  • HIGH DAILY TRAFFIC FLOW WITH OVER 20,000 VEHICLE MOVEMENTS PER DAY (DEPT 2024)
  • STRONG TRADING LOCATION WITHIN A MIXED COMMERCIAL AND RESIDENTIAL CATCHMENT
  • WELL-PRESENTED BUILDING WITH ON-SITE STAFF / CUSTOMER PARKING
  • ATTRACTIVE REVERSIONARY POTENTIAL WITH SCOPE FOR ASSET MANAGEMENT AND RENTAL GROWTH

Description

89 Dudley Road comprises a well-specified roadside takeaway, office, and restaurant premises extending to approximately 2,518 sq.ft. The property enjoys a prominent main road frontage with dedicated customer parking to the front, as well as modern shopfront glazing and excellent signage opportunities. To the rear, there are ancillary storage areas and staff facilities, providing additional convenience for occupiers. Arranged over the ground and first floors, the accommodation is highly flexible and well-suited to a variety of retail, food and beverage, or professional service uses.
Unit 1 - 969 Sq Ft Unit 2 - 999 Sq Ft First Floor Offices - 550 Sq Ft Total - 2,518 Sq Ft
The property occupies a prime position fronting the A459 Dudley Road, just 1.2 miles from Halesowen town centre, offering excellent connectivity with M5 Junction 3 located approximately 5.5 miles away and the town centre reachable within a 3-minute drive. The location is further enhanced by its proximity to major occupiers such as Aldi, Tesco, McDonald‘s, Shell and a range of local retail operators.
Freehold
Unit 1 - RV - £11,750 Unit 2 RV - £10,000 Unit 3 RV - £4,200 Interested parties are to make their own enquiries with the relevant local authority to confirm their obligations regarding business rates.
We are instructed to seek offers in the region of £385,000. A purchase at this level reflects a net initial yield of 8.51% (after standard purchaser‘s costs)

Brochures

89, Dudley Road, Halesowen

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Old Hill Station1.1 miles
  • Rowley Regis Station1.6 miles
  • Cradley Heath Station2.0 miles

About HEXAGON COMMERCIAL PROPERTY LIMITED, Stourbridge

15-17 Church Street, Stourbridge, DY8 1LU

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 55693. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by HEXAGON COMMERCIAL PROPERTY LIMITED, Stourbridge. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.