This commercial property presents a noteworthy investment opportunity in the desirable village of Hagley. Comprising a detached two-storey building, it features three ground floor retail or office spaces, along with an independently accessed first floor office suite. Notably, there is valuable car parking at the rear, offering potential for further development or extension pending planning approval.
Situated along Worcester Road, the property benefits from being at the heart of the local commercial hub, surrounded by a vibrant mix of shops, restaurants, and bars. The area is well serviced by road links and public transport options, making it an attractive location for businesses.
The property is currently leased to four distinct tenants across its different units, generating robust annual income from rental agreements that include varied terms and no rent reviews under some contracts. This stability provides a solid foundation for future investments in asset management strategies.
Additionally, with opportunities for increasing income through additional car parking licenses and potential lease renewals or extensions within the substantial plot, this property holds significant promise for investors looking to enhance their portfolio in a thriving community.
