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High street retail property for sale

Roseville Precinct, Castle Street, Bilston, West Midlands, WV14

£2,500,000

Business rates & charges may apply

Michael Tromans & Co, Wolverhampton
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SECTOR

High street retail property for sale

Key features

  • Neighbourhood shopping centre
  • Low based rents
  • Numerous multiple retailers
  • Extensive car parking areas

Description

Location
The property is located about a mile to the west of Dudley and is situated just off the main A4123 Birmingham New Road

Description
The property comprises a local shopping centre used as eighteen shops (originally built as 22 units), configured in two blocks and with associated servicing and public car parking areas. A large foodstore anchors the parade

There is a block of 18 flats above one of the blocks which have been sold off individually to long leaseholders

Tenancies
The block contains numerous multiple traders, Greggs, Dominoes, Tamworth Coop (t/a Haliwells Funeral Directors) , William Hill along with a Post Office, dental practice, optician and other long established businesses

The flats provide a small income from ground rents, and there are potential future opportunities to sell lease extensions

The total current rent roll is £223,445pa


Full tenancy shedule available on request

Management
The leases provide for the landlord to maintain the block and to levy a service charge

Price
£2,500,000

EPC
Available on request

VAT
The property is not elected for VAT

Further Enquiries
For further enquiries please contact Mark Tromans Tel

Subject to Contract February 2026

Brochures

Roseville Precinct, Castle Street, Bilston, West Midlands, WV14

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Coseley Station0.3 miles
  • Tipton Station1.2 miles
  • Loxdale Tram Stop1.6 miles

About Michael Tromans & Co, Wolverhampton

6 Waterloo Road, Wolverhampton, WV1 4BL

Established in 1966, Michael Tromans & Co have been providing commercial property services to private and corporate clients throughout the Midlands.

We offer a range of services to both Landlords and Tenants to include Agency, Asset Management, Landlord and Tenant, Investment, Valuation and Professional Services, Rating and Compensation Advice and Property Management.

Notes

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