Commercial property for sale in 74-80 Chapel Ash, Wolverhampton WV3
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Passing rent of £48,140
- Vacant space erv - £46,800
- Rare freehold opportunity
Property description
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Description
This rare freehold opportunity to acquire 2 lock-up shops and 9 flats 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. 8 of the flats are let and are producing an income of £50,100 and 1 shop has a passing rent of £5,000. The remaining shop and flat which is empty is estimated to produce an income of £36,600 once let.
Location
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
Accommodation
74-78 Chapel Ash - 1,151 Sq Ft
78A Chapel Ash - 527 Sq Ft
78B Chapel Ash - 548 Sq Ft
78C Chapel Ash - 409 Sq Ft
78D Chapel Ash - 527 Sq Ft
80 Chapel Ash - 3,675 Sq Ft
36A Bath Road - 387 Sq Ft
36B Bath Road - 473 Sq Ft
36C Bath Road - 473 Sq Ft
36D Bath Road - 473 Sq Ft
36E Bath Road - 548 Sq Ft
Overall - 9,191 Sq Ft
Please contact the agent for the tenancy schedule.
Rates
Please contact the agent for information on business rates and council tax.
Terms
We are seeking offers for the freehold in the region of £1,000,000.
Description
Location
Accommodation
Rates
Terms
Description
This rare freehold opportunity to acquire x2 lock-up shops and 9 self-contained one bedroom apartments is located prominently on Chapel Ash, one
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Hexagon Commercial Property, DY8 on +44 1384 957981 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hexagon Commercial Property, and do not constitute property particulars. Please contact Hexagon Commercial Property for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.