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Units 1-3 Forge Retail Park, Dudley Road, Stourbridge

POA
Hexagon Commercial Property, Stourbridge
SIZE AVAILABLE

3,600 sq ft

334 sq m

SECTOR

Commercial property for sale

Key features

  • PROMINENT ROADSIDE FULLY LET INVESTMENT PRODUCING £85,500 PAX
  • STRONG TENANT MIX - INCLUDING 'SUBWAY' AND 'THE TANNING SHOP'
  • REVERSIONARY RENTS
  • STRONG TRADING LOCATION - C.24,000 DAILY VEHICLE MOVEMENTS (DEPT 2022)
  • ATTRACTIVE REVERSIONARY POTENTIAL WITH SCOPE FOR ASSET MANAGEMENT AND RENTAL GROWTH

Description

Units 1-3 Forge Retail Park is a high spec roadside retail site which was developed 18 years ago. The property sits adjacent to a newly constructed Greggs PLC, opposite a Formula One Autocentre and within very close proximity to a recently constructed Aldi superstore. All tenants have recently committed to the Property - either by renewing their leases or signing a new long-term lease.
Unit 1 - 1,500 Sq Ft Unit 2 - 900 Sq Ft Unit 3 - 1,200 Sq Ft
The site is situated on the main A4036 Dudley Road, approximately 0.25 mile from the Lye junction with the A458 Stourbridge Road. Lye Railway Station is 0.25 mile to the south and the motorway network is accessible via M5 Junction 3 which is approximately 5.5 miles away. Immediate adjoining occupiers include: Subway, Aldi, Formula One AutoCentre and Shell Petrol Station.
Freehold
Unit 1 RV - £18,000 Unit 2 RV - £10,250 Unit 3 RV - £16,250
Price on application. Strictly via the retained agents, Hexagon Commercial Property. Please call the office to arrange a viewing - .

Brochures

Units 1-3 Forge Retail Park, Dudley Road, Stourbridge

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lye Station0.1 miles
  • Stourbridge Town Station1.2 miles
  • Stourbridge Junction Station1.2 miles

About Hexagon Commercial Property, Stourbridge

The Auction House 87/88 St. Johns Road, Stourbridge, DY8 1EH

Previously known and branded as Lex Allan Commercial, Hexagon are a Stourbridge based bespoke Commercial Property Solutions provider trading from the premises of Lex Allan (The Auction House).

Offering Commercial Property services in lettings, sales, acquisitions, management and more in the Stourbridge, Halesowen, Lye, Brierley Hill, Kingswinford, Netherton and surrounding areas.

Having built a strong reputation as Lex Allan Commercial we continue to offer a full range of agency and management services and are retained by both local and regional property investors and National operators.

Our exemplary breadth of Commercial Property experience in the Black Country and surrounding areas means Hexagon are well positioned to offer informed and incisive advice on all commercial property related matters. All of our staff members live within the area's which we cover therefore allowing them to provide informed advice and up to date information.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 55694. 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, 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.

Map data ©OpenStreetMap contributors.

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