Summary - GHAUSIA WELFARE ASSOCIATION COMMUNITY CENTRE, HIGH STREET DY9 8JZ
1 bed 1 bath Shop
High-footfall shop with strong turnover but short lease and local-area risks..
- Prime High Street position with high pedestrian footfall
- Reported weekly turnover £14,000–£15,000 supporting trading value
- Rent £30,000 per annum; premium £190,000 (stock at valuation)
- Off-street parking for deliveries and customer use
- Only 18 years remaining on lease; lenders likely to refuse mortgages
- Area classed as very deprived with very high local crime
- Business rates reported NIL; buyers should independently verify
- Close to train station and multiple good-rated primary schools
This ground-floor shop sits on a busy Stourbridge High Street parade with excellent footfall and strong weekly turnover. The business currently reports weekly takings around £14,000–£15,000 and benefits from direct rail access nearby, a steady local customer base and off-street parking for trade use.
Financially it shows clear trading potential — rent stated at £30,000 per annum and a premium of £190,000 (stock at valuation). Business rates are reported as nil but should be independently confirmed before purchase. The lease is described as renewable, offering an opportunity to secure longer occupation if a renewal can be negotiated.
Buyers must be aware of important constraints: the property is leasehold with only 18 years remaining. That short lease is likely to prevent typical mortgage lending and will reduce buyer pools; purchasers should plan for cash purchase or seek specialist lending and cost the lease extension or renewal into offers. The location sits within an area classified as very deprived and with very high crime levels, which can influence insurance, staffing and long-term footfall patterns.
Overall this is an investment opportunity for a purchaser able to accept the leasehold and local-area risks. For cash buyers or those experienced in high-street trading, the combination of high visibility, reported turnover and nearby transport links supports continued trading, but the lease length and neighbourhood challenges are material factors that must guide valuation and any offer.
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