Sainsbury’s Local, Stourbridge
19 Lawnswood Rd, Wordsley, Stourbridge DY8 5PE, UKBasic Facts
| Property ID: 5276 | Post Updated: 2021-08-02 12:50:34 |
| Status: Sold | Type: Supermarket |
| Tenure: Freehold | Gross Rent: £ 68,760 |
| Lease Term: 15 yrs from Aug '12 | Lease Term Expiry Date: 20/08/29 |
| Years left on Lease: 5.3 | 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.
Features
£1m - £5m
Blue-chip tenant
Customer car parking
Finance available
Freehold
Large plot
Minimum Rental Uplifts
Suitable for a SIPP
Value-Add Potential
