Commercial property for sale in Wolverhampton

Situated on the prominent A449 Penn Road,which serves as a significant route connecting Wolverhampton City Centre approx. 3.6 miles northeast, and to the southwest regions, including the town of Kidderminster.  The attractive investment property consists of four ground floor commercial units, one 1st-floor commercial unit and two 1st-floor flats, all of which are occupied and on Tenancy Agreements. The local businesses on commercial leases include: Penny's Cafe, Coven Heath NurseryShop, WOW Hair Salon, Simply Drinks Off-Licence and Mae Nangkwah Thai Massage &Spa.  There are also 2 residential tenants (564a and 556) who are on Assured Shorthold Tenancies.  Total annual income is circa £66,525.56.  There may be potential for development due to the garages/land to the rear (subject toplanning), which is currently utilised as customer/tenant car parking.  Total Site Area (taken from Edozo) extends to approximately 0.45 acres.

Commercial property for sale in Wolverhampton, England

Mixed use for sale

Description

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