£950,000

Commercial property for sale

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£950,000

(£202.52/sq. ft)

Commercial property for sale

26-32 Chapel Ash, Wolverhampton WV3

From 4,691 - 4,961 sq. ft

Local area information

Property location

Nearby amenities

  • Nishkam Primary School Wolverhampton 0.2 miles
  • Broadmeadow Special School 0.4 miles
  • Wolverhampton 0.8 miles
  • Bilbrook 3.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Passing rent of £28,000
  • Opportunity to convert uppers into residential
  • Rare freehold opportunity
  • Offices on upper floors
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

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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.
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
Overall - 4,961 SqFt ( 461 SqM )
Please contact the agent for a full breakdown of the accommodation and tenancy schedule.
Rates
26 rv - £6,900

28 rv - £5,600

30-32 rv - £12,500

Terms
We are seeking offers for the freehold in the region of £900,000.
Description
Location
Accommodation
Rates
Terms

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).
Location
The property is located on the busy Chap

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Hexagon Commercial Property. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hexagon Commercial Property for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. Wolverhampton
  5. Wolverhampton City Centre
  6. Chapel Ash

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