Brierley Hill banqueting suite on the market for £500k
A former banqueting suite in Brierley Hill is hoped to be brought back to life after being put up for sale for more than half a million pounds.
The Paradise Banqueting Suite, in Mill Street, has stood empty for more than two years.
It has now been put on the market by Cottons Chartered Surveyors for £560,000 with five investment flats above.
Nearby businesses said that the site had not been occupied since 2014, when it had been used as a premier entertainment and wedding venue, let out for £36,000 per annum.
It had also been used as a Indian restaurant.
The sale advert states: "An attractive investment property comprising an established banqueting suite and five investment flats prominently situated fronting Mill Street with return frontage along Cottage Street and centrally located within Brierley Hill surrounded by a densely populated catchment area.
"The property is predominantly three storey of traditional brick construction under part pitched/part flat roofs, in addition benefits from ancillary basement accommodation and staff car parking to the rear."
Planning consent was granted in 2012 for the conversion of the first and second floor accommodation to five separate self contained flats.
Average rental of the flats ranged from £450.00 to £510.00 a month.
