64/67 High Street, Stourbridge
This site formed the former Owen Owen Department Store which occupied a major site of 1.2 acres in the centre of Stourbridge, with a 90ft frontage onto the High Street. It was acquired, for £800,000, on a subject to planning basis for the development of a 33,000 sq.ft. store, with 55 car parking spaces.
A pre-let was agreed with Wilkinsons to take a 20 year lease at £200,000 pa and the investment was pre-sold, to A J Mucklow for £2.2 million..
PROFESSIONAL TEAM
Architects: John Clark Associates
Quantity Surveyors: Harris Rourke & Simpson
Engineers: Abraham Consulting Engineers
Contractor: Pearce Construction Plc
Agent Nelson: Bakewell