282-290, Linthouse Lane, Wolverhampton, WV11 3TT
Size
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Tenure
Freehold
EPC
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Parking
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- Primary use
- Mixed use
- Other use(s)
- Shopping centre, Residential development, Other
No floor / site plan
Key features
- Investment Opportunity
Description
The property is located circa 2 miles (3.2 km) north-east of Wolverhampton City Centre situated near the junction of Woodend Road and Linthouse Lane with off road parking in the surrounding area.
The area serves as a key local convenience centre for residents in the immediate vicinity and the nearby Ashmore Park Estate with a popular public house which serves food and provides a sense of community.
There are excellent transport links into Wolverhampton City Centre and the property is in close proximity to the Motorway.
Just a short distance away is New Cross Hospital, Wednesfield Village and the popular Bentley Bridge retail park.
DESCRIPTION
The properties form a parade of shops & two self contained residential flats with other similar parades in close proximity with several neighbouring retailers comprising Optician, Off Licence, Gift Shop and Restaurants.
There are two self contained residential flats to the first floor. 282 -290 sits in a prominent position and is opposite a local pub and restaurant.
TENANCIES
Occupiers include a Beauty Parlour, Takeaways and Coffee Shop generating a rental income of circa £49,720.00 p.a. The Tenants are long established.
The low passing rent provides growth potential.
Further information can be obtained by contacting First City Ltd.
VAT
We understand that VAT does not apply to this transaction.
ASKING PRICE
We are instructed to seek unconditional offers in excess of £900,000.00 (Nine Hundred Thousand Pounds) subject to contract and exclusive of VAT for our client’s freehold interest.
LEGAL COSTS
Each party will be responsible for their own legal costs.
VIEWINGS
Viewings by appointment only. All enquiries through Agents First City ‘The Property Consultancy’ on quoting reference 5559. Ask for Neil Hazlehurst
EPC
Energy Performance Certificates available on request.
- Service charge
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- Business rates
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- Use class
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- Listed building
- No
- Business for sale
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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282-290, Linthouse Lane, Wolverhampton, WV11 3TT
About First City Limited, Wolverhampton
We bring a unique mix of experience and professional skills to the task together with the imagination and foresight to see opportunities and potential where others see only problems.
Fundamental to any successful organisation is its people. We pride ourselves on having a group of professional, highly motivated and experienced staff. It’s a team that’s flexible in its approach and focused on finding innovative ways to deliver added value for our clients.
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Disclaimer - Property reference 5559. 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 First City Limited, 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.