Retail premises for sale in Alcester Road, Studley B80

£450,000 (£229.12/sq. ft)
Interested in this property? Call +44 1564 648822 * or Request Details

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Retail premises for sale

1,964 sq. ft*

Property description

Key Points

  • Prominent location with main road frontage
  • Fully refurbished showroom premises
  • Self-contained one bedroom flat to rear producing £7,200 per annum
  • Opportunity to create second flat at first floor level
  • Close to all local amenities
  • Description

    Centre terraced shop of predominantly single storey construction with showroom to first floor. Plate glass display window to front elevation with shop internally sub divided to create three showrooms to ground floor and stores. Floors throughout are of solid construction with ceramic tile covering. The property has suspended ceiling with air conditioning units installed to the front two showrooms.

    Self contained rear one bedroom flat occupied on a 12 month AST subject to a rental of £600.00 pcm.

    Location

    The premises are located fronting the main Alcester Road through the heart of Studley Village. The main centre of Redditch lies some 3 miles to the north. All local amenities are in the immediate vicinity including; shopping, transport and schooling etc.

    Tenure

    The premises are offered on a Freehold basis with vacant possession of the whole of the retail and subject to the occupational tenancy of the rear flat.

    Services

    We understand that all mains services are connected to the property.

    Rating Assessment

    Rateable Value: £12,250.00

    EPC

    B

    Purchase Price

    £450,000 for the Freehold interest.

    Viewing

    Strictly by appointment with the sole Agents
    Shepherd Commercial E:

    Residential Erv

    Potential reversion opportunity for the one-bedroom self-contained flat.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    Shepherd Commercial, B93 on +44 1564 648822 * (local rate)

    Contact Shepherd Commercial about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Shepherd Commercial, and do not constitute property particulars. Please contact Shepherd Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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