Mixed Use Investment for Auction Wolverhampton WV3

This property is from a past auction and is no longer available. Please visit our Homepage to view our current auction database
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Auction date: Tue, 08/10/2024 - 08:00

Guide price £2,875,000. A freehold mixed-use block comprising 12 x flats and 7 x commercial units occupying a prominent roadside pitch. Arranged across ground, first and second floors, the property includes retail accommodation to the ground floor, with residential upper parts. The property site on a large site of 0.4 acres (0.16 hectares), this includes a rear car park with approx 36 spaces. The property is fully let, producing an attractive income of £244,300 per annum, and has various opportunities for asset management via renewal of leases. 

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