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130 Colley Gate 4,667 SF Retail Building Halesowen B63 2BX $867,546 ($185.89/SF)

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INVESTMENT HIGHLIGHTS

  • 4,667 sq ft (433.6 sq m).
  • Ground floor comprises two main rooms with ancillary WC accommodation.
  • There is a basement/cellar.
  • Currently used as a children's play centre.
  • First floor living accommodation has planning permission for two separate flats.

EXECUTIVE SUMMARY

Development Potential / Office / Residential Development For Sale, Halesowen Planning Consent P22/1286 www.dudley.gov.uk The property is situated with a prominent frontage to the A458 Colley Gate Road in Cradley. The subject property is approximately 4 miles away from Junction 3 of the M5 motorway. The property is a three storey building (formerly a public house) of traditional brick construction under a pitched tiled roof. The ground floor currently comprises two main rooms, with ancillary WC accommodation, has most recently been used as a children's play centre. There is scope to convert this to residential accommodation subject to any necessary planning consent. There is living accommodation on the first floor, which has planning permission for two separate flats. There is a basement/cellar area. The building is Grade II Listed. Floor plans are available on request. There is a barn next to the main building which had (expired Sep 2025 and to be renewed) planning consent for 3 terraced houses. Within the main grounds, there was (expired Sep 2025 and to be renewed) planning permission for two detached houses, with possibly scope for more development, subject to planning permission. The site extends to an approximate area of 0.48 acres.
4,667 sq ft (433.6 sq m) Currently used as a children's play centre Ground floor comprises two main rooms with ancillary WC accommodation First floor living accommodation has planning permission for two separate flats There is a basement/cellar Freehold with vacant possession of the whole on completion.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Day Care Center
Building Size
4,667 SF
Year Built
1890
Price
$867,546
Price Per SF
$185.89
Tenancy
Single
Building Height
2 Stories
Building FAR
0.22
Lot Size
0.48 AC

AMENITIES

  • Storage Space

NEARBY MAJOR RETAILERS

Nisa
Costcutter
Iceland
Tesco Extra
  • Listing ID: 30083047

  • Date on Market: 11/17/2023

  • Last Updated:

  • Address: 130 Colley Gate, Halesowen B63 2BX

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