Sainsbury’s Local, Stourbridge

 

Sainsbury's Local, 23 Lawnswood Road, Wordsley, Stourbridge, West Midlands, DY8 5PH

Offers in excess of
£1,100,000
Available
Type - Commercial
Tenant type - Supermarket
  • Tenure: Freehold
  • Gross Rent: £68,760
  • Gross Yield: 6.25%
  • Lease Term: 15 yrs from Aug '12
  • VAT applicable?: Y

Property Description

  • Freehold Blue-Chip Convenience Store Investment.
  • The property, a former public house, comprises of a ground floor supermarket with rear storage and ancillary accommodation.
  • The basement & 1st floors are not currently accessible.
  • The site extends to approx. 0.36 acres (0.15 hectares).
  • 20 car parking spaces including 2 disabled bays.

Location Description

  • Wordsley, with a population of approx. 13,000, is an attractive, prosperous surburb of Stourbridge some 9 miles south of Wolverhampton & 13 miles west of Birmingham.
  • The property is prominently located in a densely populated residential area at the junction of Lawnswood road & Wordsley green, approx. 150 metres from High Street.
  • Immediately adjacent is a neighbourhood shopping centre with Subway, spar and a number of independent retailers, Wordsley Green doctors surgery, library & The Mere Education Centre nearby.

Tenancy & Accommodation Schedule

Tenancy & Accommodation Schedule

Your Agent for this listing

Priyesh

Priyesh Patel

020 314 61342
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