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**INVESTMENT OPPORTUNITY** 16 & 16a Windmill Bank, Wombourne, V5

Offers in Region of
£249,000

£463.69 per sq ft

Business rates & charges may apply

Towler Shaw Roberts, Wolverhampton
SIZE AVAILABLE

537 sq ft

50 sq m

SECTOR

Mixed use property for sale

Key features

  • Attractive investment opportunity
  • Situated in the popular village of Wombourne
  • Consisting of ground floor retail unit, 2-bedroom flat and single garage to the rear
  • Currently producing an annual income of £15,900
  • Offers are invited in the region of £249,000 for the freehold

Description

Windmill Bank is located in the village of Wombourne, which lies within South Staffordshire, England. Wombourne is a picturesque village situated southwest of Wolverhampton and southeast of Bridgnorth. Windmill Bank is a central road in the village, forming part of the main high street area, and is a key location in Wombournes village centre.

The area around Windmill Bank is known for its village charm, with shops, local businesses, and amenities nearby. The village green, which is a central feature of Wombourne, is also located close by. The road has residential properties, as well as commercial establishments, giving it a mix of local activity and community character.

Wombourne itself is known for its canals, rural surroundings, and the South Staffordshire Railway Walk, which runs nearby, making Windmill Bank part of a village that blends history, natural beauty, and modern life.

This modern, mid terrace property comprises an open plan retail unit on the ground floor with storage and welfare facilities to the rear. On the first floor there is a self-contained, two-bedroom residential flat. The property further boasts a single garage, located to the rear of the property.

Tenancies:

Ground Floor - The commercial retail unit is let to The Mary Stevens Hospice Trading Company Ltd for a term of 10 years, commencing on the 24th April 2015. The current rent is £10,500 per annum, exclusive of occupational outgoings. The garage, located to the rear, forms part of the Property within this Lease.

First Floor - The residential flat is currently let on an Assured Shorthold Tenancy Agreement, commencing on the 11th July 2014, for a rent of £450.00 per calendar month.

Brochures

**INVESTMENT OPPORTUNITY** 16 & 16a Windmill Bank, Wombourne, V5

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wolverhampton St George's Tram Stop4.2 miles
  • The Royal Tram Stop4.3 miles
  • Coseley Station4.3 miles

About Towler Shaw Roberts, Wolverhampton

4 Tettenhall Road, Wolverhampton, WV1 4SA

Since 1991, TSR have been providing expert professional advice on Commercial Property matters with the remit of adding value to our individual clients business. With three strategically located offices in Shropshire and the West Midlands TSR's in depth knowledge of the local markets conditions has led to our coverage extending beyond our typical coverage of Wales, the West Midlands, Shropshire and Staffordshire.

As a progressive and proactive firm, we offer a holistic range of services that encompass the breadth of our clients' needs and include Asset Management, Agency, Landlord and Tenant, Investment, Valuation and Professional Services, Rating and Compensation Advice, Dilapidations and Property Management.

With Clients ranging from private individuals to national Corporates, TSR offer each client the same level of service with clear, professional and consistent advice on all property matters.

Notes

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