** Development Opportunity**Investment Opportunity**
A GRADE II LISTED Church property, partially converted into offices, within Oldbury Town Centre. This Church property presents a unique opportunity to acquire a freehold property with development potential, subject to planning, which is also income producing.
Christ Church sits on a site area of 0.369 Ha, within a Conservation Area on Church Square, Birmingham Street in Oldbury Town Centre. The property is within close proximity to a variety of uses including residential, offices, retail, leisure and supermarkets, and is well connected to surrounding public transport links with regular bus services and Dudley Train Station 0.5 miles away. Dudley, West Bromwich and Smethwick are all within 3 miles and Junction 2 of the M5 is 1 mile away from the site.
The property is Grade II listed, built in 1840-41. This Gothic-style Church has been reconfigured and comprises two parts:
1.Worship space - Open plan, triple height worship space with linking rooms accessed from it. These include kitchen, male and female toilets and a series of ancillary rooms.
2.Office accommodation - Over three floors. Ground floor space is let to Sandwell Community Information and Participation Service Ltd for £12,200 per annum. First and second floors are currently vacant.
The Vendor would ideally wish to secure a freehold purchase which retains the current worship space for th ebenefit of the existing congregation, and therefore invites freehol doffers on two bases:
1.The first, retaining the worshiping community (Christ Church Oldbury Parochial Church Council) within the worship area under a medium/long term lease or licence.
2.The second, on the basis the worshiping community vacate. Offers in the region of £300,000 are sought.
Viewings are strictly by appointment with the agent, Bruton Knowles.
( Agency Pilot Software Ref: 3865 )