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**INVESTMENT OPPORTUNITY** 70 & 70a Ettingshall Road, Wolverhampton, West Midlands, WV14

Offers in Region of
£295,000

£199.59 per sq ft

Business rates & charges may apply

Towler Shaw Roberts, Wolverhampton
SIZE AVAILABLE

1,478 sq ft

137 sq m

SECTOR

2 bedroom mixed use property for sale

Key features

  • Prominent mixed-use investment property in a well-established residential and commercial area of Bilston.
  • Ground floor commercial unit currently let and trading as an off-licence/grocery store, providing immediate income.
  • Vacant first floor two-bedroom flat offering residential income or owner-occupier potential.
  • Substantial land to the rear and garage to the front with development potential subject to planning.
  • Convenient location with good links to the M5, M6 and wider West Midlands.
  • Offers are invited in the region of £295,000 for the freehold interest, with the benefit of the existing occupational lease agreement.

Description

PROMINENT INVESTMENT PROPERTY WITH VACANT 1ST FLOOR RESIDENTIAL ACCOMMODATION AND SIGNIFICANT LAND TO THE REAR WITH DEVELOPMENT POTENTIAL (STPP).

The property is situated in the established residential area of Ettingshall, approximately 1.5 miles south of Wolverhampton City Centre and 1.2 miles north of Bilston Town Centre. The A4123 Birmingham New Road is located nearby, providing excellent road links to the M5 and M6 motorways.

The premises front Ettingshall Road and has a mix of independent and national occupiers nearby, with uses including a convenience store, takeaway outlets, a barbershop and more, making it a well-positioned property for both residential and commercial investment.

The property comprises of a ground floor commercial demise which is currently let and used for an Off-Licence and Grocery shop.

Located on the first floor is a vacant, 1(no) 2-bedroom flat, which is accessed via a separate door to the front of the building.

Also to the front of the property is a garage which is currently demised to the commercial premises, as is the land to the rear of the property which has the potential for development (subject to planning permission).

The current income for the property is £7,200.00 per annum.

Brochures

**INVESTMENT OPPORTUNITY** 70 & 70a Ettingshall Road, Wolverhampton, West Midlands, WV14

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Coseley Station0.5 miles
  • The Crescent Tram Stop1.5 miles
  • Bilston Central Tram Stop1.5 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

These notes are private, only you can see them.

Disclaimer - Property reference 70EttinghshallRoad. 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 Towler Shaw Roberts, 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.

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