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.
Location
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.
Accommodation
2,518sq.ft. on a site area of 0.19 acres
Terms
PROPOSAL 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).
ENERGY PERFORMANCE CERTIFICATE Available upon request.
VAT All figures quoted are exclusive of VAT.
LEGAL COSTS In the normal manner, each party will be responsible for their own legal costs incurred.
ANTI-MONEY LAUNDERING REGULATIONS Under both HMRC and RICS guidance as property agents we are obliged to undertake AML diligence for both the purchasers and vendors (our client) involved in a transaction. As such, personal and or detailed financial and corporate information might be required before any terms are agreed or any transaction can conclude
Specification
- 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.