Retail Property (high street) for sale

Lower High Street, Wednesbury, West Midlands, WS10

Offers in Region of £400,000

Property Description

Key features

  • Town centre development/investment opportunity.
  • Substantial ground floor retail premises
  • Planning permission for conversion of first floor to 5 apartments
  • Potential for further conversion of the ground floor ( STP)
  • Freehold - offers based on 400,000

Full description

DESCRIPTION
A substantial two storey corner property with prominent return frontage. The property briefly comprises a large ground floor retail property with first floor premises. In total the property is approximately 5,800 square feet spread over two floors. The ground floor extends to approximately 2,900 square feet. Beyond the retail trading area there are WC's and ancillary areas. The ground floor currently trades as a furniture store paying a monthly rent of £1,500 pcm. To the first floor there is vacant premises extending to 2,900 square feet with the benefit of planning consent for conversion to 5 residential apartments. Further scope exists for conversion of the ground floor to a further 5 apartments, creating a total development of 10 apartments.
EPC
Available upon request
DISCLAIMER
All services/ appliances have not and will not be tested.
TENURE
Freehold
FINANCE
Finance is available on this property (subject to status, terms and conditions). For more information, call 0121 525 0600, email info@bondwolfefinance.com, or visit www.bondwolfefinance.com
LOCATION AND SITUATION
The property is situated in a prominent and imposing corner position on Lower High Street in the popular town centre of Wednesbury. It is situated within close proximity to a number of retailers and affords excellent links to nearby public transport. Junction 9 of the M6 motorway is approximately two miles to the north east.
MONEY LAUNDERING
In accordance with Money Laundering Regulations, two forms of identity and conformation of funding will be required from the successful purchaser.
PRICE
Freehold offers based on £400,000
PLANNING
On 24th May 2019 under planning application number DC/19/62984, the property was granted planning permission for conversion of the first floor to 5 apartments. Further details are available from the selling agents upon request.
VIEWINGS
Viewings will be by prior appointment only. Please call Bond Wolfe on 0121 525 0600 if you wish to arrange a viewing.
BUSINESS RATES
The rateable value is currently assessed as:
Rateable value : £28,000
We recommend that interested parties should make their own enquiries with the local authority.
This is not the amount you will pay. The rateable value is used to calculate your rates bill.






More information from this agent

Nearest stations

  • Wednesbury Great Western Street (0.3 mi)
  • Wednesbury Parkway (0.5 mi)
  • Swan Lane (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bond Wolfe, West Bromwich

8th Floor West Plaza, 144 High Street, West Bromwich, B70 6JJ

0121 396 0838 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Wednesbury Great Western Street (0.3 mi)
  • Wednesbury Parkway (0.5 mi)
  • Swan Lane (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bond Wolfe, West Bromwich

8th Floor West Plaza, 144 High Street, West Bromwich, B70 6JJ

0121 396 0838 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 22-24LowerHighStreet. 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 Bond Wolfe, West Bromwich. 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.

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