Tesco, Belmont Road, Stourbridge, Birmingham, DY9 8AS

Tesco, Belmont Road, Stourbridge, Birmingham, DY9 8AS

£850,000
Commercial
Sold
About this Property
27 February 2025
Sold
£850,000
Traditional
Commercial
£885,000
Description

The property is a former public house converted into a convenience store. It includes a retail space for 9 vehicles and a service yard at the rear. The ground floor has an area of 3,488 square feet. The property is leased to Tesco Stores Ltd on a 15-year lease starting January 2024, with a rental value of £60,000 per annum. There is also an EV charging point leased separately at £2,500 per annum. The upper floors are not utilized by the tenant, offering potential for future development. The property is located in a densely populated residential area.

Location
Map location for Tesco, Belmont Road, Stourbridge, Birmingham, DY9 8AS
More Information
Freehold
Planning Authority
Dudley LPA
Address History
27 Feb 2025Sold Lot Savills plc£885,000

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