House For Sale Maughan Street, Brierley Hill, DY5

£175,000

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Last Updated: 10th April 2024

Description

Hexagon is proud to present this fantastic development opportunity comprising a retail unit with living accommodation at present but with planning consent to convert to x5 1-bed apartments. The property benefits from a fantastic roadside frontage onto Quarry Bank High Street which links Quarry Bank to Merry Hill Shopping Centre and Cradley Heath. Planning consent has been granted to convert the retail building and two-storey rear extension (following demolition of existing rear element). and increase in roof height to facilitate loft conversion with rear dormer to create x5 1-bed apartments. The property can also be accessed to the rear of the building and full architect plans are available with all conditions discharged upon request. In the property‘s previous guise as a retail premises, the ground floor consisted of a shop floor with a salon and tanning space at the front of the property and then a store located to the rear of the ground floor, with a flat on the first floor, leading to a lounge/workshop area.
Shop - 485 Sq Ft First Floor Flat - 836 Sq Ft Rear Workshop - 188 Sq Ft 3 Sheds in the garden area.
Located prominently on Quarry Bank High Street, these premises are in close proximity to the Merry Hill Shopping Centre (1 mile) and also excellent road links to surrounding towns including Stourbridge (3 miles) and Dudley (4 miles). Cradley Heath train station is also less than a mile away.
Freehold
Shop RV - £3,600 Current Flat - Council Tax Band A
We are instructed to seek offers in the region of £175,000 for the Freehold interest.
Agent Details
Hexagon Commercial Property
The Auction House 87/88 St. Johns Road, Stourbridge, DY8 1EH

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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