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**INVESTMENT OPPORTUNITY** 5-6 Salop Street, Wolverhampton, West Midlands, WV3

Offers in Region of
£525,000

£470.43 per sq ft

Business rates & charges may apply

Towler Shaw Roberts, Wolverhampton
SIZE AVAILABLE

1,116 sq ft

104 sq m

SECTOR

Mixed use property for sale

Key features

  • Prominent investment property
  • Situated within Wolverhampton City Centre
  • Consists of 2 ground floor commercial units extending to approx. 1,116 sqft
  • 4 residential flats above accessed via separate entrance to the front
  • Currently generating an annual income of £38,420
  • Offers are invited in the region of £525,000 for the freehold.

Description

The property is located on Salop Street, within Wolverhampton City Centre, which offers a mix of commercial and residential properties and provides excellent access to a wide range of amenities and transport links, including Wolverhampton Bus, Train and Tram stations being a short walking distance away.

Situated in the City Centre, just off the Wolverhampton Ring Roads which provide access to the A41 Tettenhall Road and A449 Stafford Road, leading to Junctions 2 and 3 of the M54 motorway.

Also, the A41 Bilston Road leading to main arterial routes to Junction 10 of the M6 motorway.

The property comprises of two ground floor commercial units, with four residential flats above accessed via a separate front entrance door.

The investment opportunity offers two commercial units which are both currently let, as well as 3 of the 4 flats above, which is generating an annual income of £38,420.00. With the potential for this to be increased to circa £45,560 once the fourth flat has been let.

Brochures

**INVESTMENT OPPORTUNITY** 5-6 Salop Street, Wolverhampton, West Midlands, WV3

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wolverhampton St George's Tram Stop0.3 miles
  • Wolverhampton Station0.5 miles
  • The Royal Tram Stop0.6 miles

About Towler Shaw Roberts, Wolverhampton

4 Tettenhall Road, Wolverhampton, WV1 4SA

Since 1991, TSR have been providing expert professional advice on Commercial Property matters with the remit of adding value to our individual clients business. With three strategically located offices in Shropshire and the West Midlands TSR's in depth knowledge of the local markets conditions has led to our coverage extending beyond our typical coverage of Wales, the West Midlands, Shropshire and Staffordshire.

As a progressive and proactive firm, we offer a holistic range of services that encompass the breadth of our clients' needs and include Asset Management, Agency, Landlord and Tenant, Investment, Valuation and Professional Services, Rating and Compensation Advice, Dilapidations and Property Management.

With Clients ranging from private individuals to national Corporates, TSR offer each client the same level of service with clear, professional and consistent advice on all property matters.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 5-6SalopStreet. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Towler Shaw Roberts, Wolverhampton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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