Commercial property for sale
Emerald Lettings & Development, 34 Snow Hill, Wolverhampton
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- High Yielding Retail Investment
- Ground Floor Retail Unit
- Let to Emerald Real Estate
- Two Year Lease which Expired 31.07.2025 (tenant holding over)
- Asset Management Potential Via Renewal
- ERV Approx £7,000 per annum
- Investment let at £6,000 p.a. (15% on Guide Price)
Description
Arranged across ground floor only, the property is let to a tenant trading as Emerald Real Estate on a two year lease which expired 31.07.2025 and paying £6,000 per annum. We understand the tenant is continuing to occupy the premises and pay rent and is therefore holding over.
We consider the property offers asset management potential via renewal of the lease and improvement of the rent, with nearby units paying £7,000+ per annum.
The parade lies to the west of Snow Hill, an arterial route providing vehicular and pedestrian access to the retailing heart of Wolverhampton from the ring road and surrounding residential area. The Mander Centre and Dudley Street, the prime retail amenity for Wolverhampton) are approximately 0.2 miles to the north.
Brochures
Emerald Lettings & Development, 34 Snow Hill, Wolverhampton
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wolverhampton St George's Tram Stop0.2 miles
- The Royal Tram Stop0.3 miles
- Wolverhampton Station0.5 miles
Notes
Disclaimer - Property reference 4ADB97FE-E67F-499A-9FCD-13D9E907C199. 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 Savills, Savills Auctions- Commercial. 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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