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Sainsbury’s Local, Stourbridge



Offers in the Region of: £ 1,050,000
Sainsbury's Local, 23 Lawnswood Road, Wordsley, Stourbridge, West Midlands, DY8 5PH

Basic Facts

Status: Type: Tenure: Freehold Gross Rent: £ 68,760
Gross Yield %: 6.6 Lease Term: 15 yrs from Aug '12 Years left on Lease: 9.1
VAT applicable: Yes

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.

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