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Part Let Retail Investment , 193 High Street, Stourbridge, DY9 8LH

294 Sq Mt / Retail / General Retail

Withdrawn - Last updated: 10 July 2023

Hexagon are proud to present this part-let mixed use investment. A rare opportunity to acquire this landmark property on the bustling High Street of Lye with accommodation set over three floors. This property boasts a large ground floor retail area with additional storage space towards the rear of the property. Externally, the property has a yard area which is accessible via a side-road. Above the ground floor retail/storage area are two self-contained and separately let apartments.

Income Profile is as follows for the property:

Ground Floor - Currently Vacant. ERV of £XXX PA

First Floor Flat - £XXX PA (£XXX PCM)

Second Floor Flat - £XXX PA (£XXX PCM)



The property is in a prominent position on Lye High Street and offers easy access to the Merry Hill Shopping Centre which is approximately 1.7 miles away. The property provides a direct connection between Dudley, 4 miles away, and Brierley Hill Town Centre which is within 3 miles.


Ground Floor commercial unit - 1,980 sq ft Two bedroom apartment on first floor - 678 sq ft One bedroom apartment on second floor - 506 sq ft TOTAL:3,164 Sq Ft (294 Sq M)


Rates Rateable Value - £XXX (Ground floor - which will be vacant on occupation.)   First Floor Flat - Council Tax Band A  Second Floor Flat - Council Tax Band A  It is understood that the Commercial Ground Floor premises will benefit from 100% small business rate relief, however confirmation should be gathered from the relevant local authority.

Terms We are instructed to seek offers in the region of £XXX for the Freehold interest.



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