Platts Rd - The Crystal Centre 1,095 SF Retail Condo Unit in Stourbridge DY8 4BX
INVESTMENT HIGHLIGHTS
- Stourbridge is located 11 miles south west of Birmingham, 9 miles south of Wolverhampton and 6.5 miles north east of Kidderminster
- The property occupies a prominent position at the busy intersection of the A491 Audnam High Street, Platts Road and Brettell Lane (A461)
- The area is well connected by the A458, A491, A449 and A456 with the M5 Motorway (J3) within a short distance
EXECUTIVE SUMMARY
The property is situated in a busy retail and commercial area with nearby occupiers including Lidl, Tesco Express, VW, Fiat, Toyota and Vauxhall dealerships. Merry Hill Shopping Centre is 2.5 miles to the east
PROPERTY FACTS Sale Pending
| Unit Size | 1,095 SF |
| No. Units | 1 |
| Total Building Size | 24,902 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Supermarket |
| Sale Type | Investment |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 12,451 SF |
| Year Built | 2005 |
| Lot Size | 0.81 AC |
| Parking Ratio | 2.09/1,000 SF |
AMENITIES
- Bus Line
- Energy Performance Rating - C
- Storage Space
1 UNIT AVAILABLE
Unit 4
| Unit Size | 1,095 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
DESCRIPTION
Single unit in modern terrace with communal customer car park.
SALE NOTES
Lot 92 is available for sale at an Allsop online auction to be held on Thursday 1st of May 2025.
The property comprises an long leasehold investment opportunity for sale.
The asking price is £240,000 - £260,000, representing a gross initial yield of 9%.
NEARBY MAJOR RETAILERS
