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0 bed property

Available

For Sale

Listed May 22, 2024

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£950,000

Available

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01384 374888

By Hexagon Commercial Property

Description

" This rare freehold opportunity to acquire x3 lock up shops with 2 floors of offices above is located prominently on Chapel Ash, one of the main routes to and from Wolverhampton City Centre, benefitting from a substantial amount of passing vehicular traffic. The shops are all currently let producing an income of £28,000 per annum which based on recent lettings within the parade, we believe there is room for the rents to be pushed on . One of the shops currently let will be vacant from 05 12 23.
Overall 4,961 SqFt 461 SqM Please contact the agent for a full breakdown of the accommodation and tenancy schedule.
The property is located on the busy Chapel Ash close to Wolverhampton City Centre, approximately 0.5 miles away. The surrounding area includes a mix of retailers and professional firms, with a large Sainsburys supermarket and Subway nearby. The property is also situated close to many bus stops and the train station is only 1.5 miles away via the A4150. This provides excellent transport links to the surrounding areas
Freehold
26 RV £6,900 28 RV £5,600 30 32 RV £12,500
We are seeking offers for the freehold in the region of £900,000. "