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26-32 Chapel Ash, Wolverhampton

POA
Hexagon Commercial Property, Stourbridge
SIZE AVAILABLE

4,691-4,961 sq ft

436-461 sq m

SECTOR

High street retail property for sale

Key features

  • ROOM FOR RENTAL GROWTH
  • OPPORTUNITY TO CONVERT UPPERS INTO RESIDENTIAL
  • RARE FREEHOLD OPPORTUNITY
  • OFFICES ON UPPER FLOORS

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, benefiting from a substantial amount of passing vehicular traffic. The shops are all currently let producing an income of £16,000 per annum (which based on recent lettings within the parade, we believe there is room for the rents to be pushed on).
26 - 1,303 Sq Ft (GF - 491 Sq Ft, FF - 370 Sq Ft, SF - 441 Sq Ft) 28 - 896 Sq Ft (GF - 484 Sq Ft, FF - 412 Sq Ft) 30-32 - 2,491 Sq Ft (GF - 1,119 Sq Ft, FF - 412 Sq Ft, SF - 399 Sq Ft) Overall - 4,690 Sq Ft (435 Sq M)
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
Freehold
26 RV - £6,900 28 RV - £5,600 30-32 RV - £12,500
We are seeking offers for the freehold in the region of £950,000.

Brochures

26-32 Chapel Ash, Wolverhampton

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wolverhampton St George's Tram Stop0.5 miles
  • Wolverhampton Station0.7 miles
  • The Royal Tram Stop0.9 miles

About Hexagon Commercial Property, Stourbridge

The Auction House 87/88 St. Johns Road, Stourbridge, DY8 1EH

Hexagon Commercial Property, Stourbridge

Previously known and branded as Lex Allan Commercial, Hexagon are a Stourbridge based bespoke Commercial Property Solutions provider trading from the premises of Lex Allan (The Auction House).

Offering Commercial Property services in lettings, sales, acquisitions, management and more in the Stourbridge, Halesowen, Lye, Brierley Hill, Kingswinford, Netherton and surrounding areas.

Having built a strong reputation as Lex Allan Commercial we continu

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Notes

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