Regent House, 156-157 Lower High Street, Stourbridge, DY8 1TS
Mixed use town centre investment property in Stourbridge
Guide price*
£575,000+
Plus fees
Unsold
Commercial Investment
Mixed Use
Auction details:
Thursday 26th March 2026 @ 08:30AM
A spacious freehold mixed use town centre investment property comprising three large well appointed apartments and three modern retail units. Current Rental Income: £60,624 per annum
Property Description
Regent House is an attractive and spacious three storey mid terraced property. On the ground floor are three modern retail units and on the upper floors are three good sized and well presented apartments. Flat A comprises a modern kitchen, utility, bathroom, spacious lounge/dining room, a walk-in dressing room, double bedroom with en-suite and a further double bedroom. Flat B has a generous sized lounge with open plan kitchen area, two double bedrooms and a bathroom. Flat C extends over two floors and comprises a hall entrance, large modern kitchen, generous lounge/dining room, three double bedrooms (one en-suite), family bathroom and having a large roof terrace. Flats A and B have air conditioning and all flats benefit from double glazing. The retail units comprise of 'RENW' a health and fitness shop, 'Tan Love' a tanning centre and 'Dan Barber' a gents hair dressing salon. Each unit is modern and well fitted with ancillary stores and WC's. There is a large vacant basement, which may have future conversion potential to generate further income.Location
The property occupies a prominent position fronting the western side of Lower High Street which runs from the A491 Bath Road to Crown Lane and forms part of Stourbridge Town Centre's retail core.Within the general vicinity there is a vibrant mix of retail and professional uses, whilst immediately opposite the property is the historic King Edward VI College.
Stourbridge is a popular Market Town lying approximately 10 miles West of Birmingham City Centre.
Energy Performance Rating
Retail Units - C, C and DFlat A - E
Flat B - D
Flat C - C
Council Tax Band
Flat A - BFlat B - A
Flat C - B
Tenure
Freehold – Subject to the existing tenancies.Value Added Tax
We understand VAT is not applicable on this transaction.Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.Viewings
Strictly by appointment with the Auctioneers. Please complete the ‘request a viewing’ form or contact the office.Tenancy Details
| Column 1 | Column 2 | Column 3 | Column 4 |
|---|---|---|---|
| Unit 1 | Let by way of a 5 year Lease with effect from 2023 | £10,800 per annum | RENW, a health fitness shop |
| Unit 2 | Let by way of a 5 year Lease with effect from 2021 | £9,600 per annum | Tan Love |
| Unit 3 | Let by way of a 5 year Lease with effect from 2025 | £10,800 per annum | Dan Barber |
| Flat A | Let for a term of 36 months with effect from 2012 | £9,900 per annum | |
| Flat B | Let for a term of 12 months with effect from 2021 | £9,132 per annum | |
| Flat C | Let for a term of 12 months with effect from 2022 | £10,392 per annum | |
| Total Rental Income: | £60,624 per annum | ||
DISCLAIMER
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
VIEWINGS
Buyers are deemed to have viewed the property (if access is available), viewed the virtual tours where applicable and undertaken all their due diligence checks prior to bidding.
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
LIVE-STREAMED AUCTION
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction. Please click here for further details.
*DEFINITION OF GUIDE & RESERVE PRICE
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
COSTS AT AUCTION
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,700 inc VAT (£2,250 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction. Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
