72-77 Darlington Street, Wolverhampton, West Midlands, WV1 4LY
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Commercial development for sale
Description
Offers based on £1,200,000 are invited for the Freehold interest.
A Freehold Income Producing Investment With Planning Consent For Upper Floor Conversion
The property comprises five fully let ground floor lock up retail units, with ancillary accommodation to the first, second and third floors. There is access from a rear car park off clarence Road, which leads to a rear yard area.
Location
The property occupies a prominent position on Darlington Street , which leads directly off the main A4150 ring road. The property also has access from Clarence Street which leads to a rear yard area and entrance to the upper floors.
Centrally located, the property is situated close to numerous national retailers and The Mander Shopping Centre which comprises 440,000 sq.ft. and includes B & M , Greggs, JD Sports, Superdrug & Ryman. Wolverhampton is situated in the West Midlands and is approximately 24km (15 miles) northwest of Birmingham, 11 km (7 miles) west of Walsall and 29 km (18 miles) southeast of Telford.
Wolverhampton benefits from good road communications being approximately 8 km (5 miles) west of Junction 10 of the M6 Motorway and 3.2 km (2 miles) south of Junction 2 of the M54 Motorway.
The A41 Black Country Route provides direct access to the M5 at Junction 1 which links Wolverhampton is connected to the national railway network with a fastest journey time of 17 minutes to Birmingham New Street and 1 hour and 40 minutes to London Euston.
HS2 will cut the journey time to London to 49 minutes. Birmingham International Airport is located approximately 44 km (27.5 miles) to the south east of Wolverhampton which provides domestic and international flights.
Tenure
Freehold, subject to the existing tenancies.
Planning
Under application number 25/01008/PAOTH, on 16 October 2025, planning consent was granted for the conversion of existing 1st, 2nd and 3rd floor of building to provide 15 self-contained apartments. The consented scheme will provide 6 x 2 bedroom apartments, 5 x 1 bedroom apartments, and 4 x studio apartments.
The development will extend to 8,769 sq ft over three existing floors. Copies of the consent and supporting plans area available upon request.
Tenancy
Please kindly see in brochure.
VAT
We are advised that the property is elected for VAT although it is anticipated that the matter will be dealt with by way of a TOGC.
EPC
Available upon request.
Legal Costs
Each party is to be responsible for their own legal costs that may be incurred in this transaction.
Anti Money Laundering
In accordance with anti-money laundering regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.
Brochures
72-77 Darlington Street, Wolverhampton, West Midlands, WV1 4LY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wolverhampton St George's Tram Stop0.4 miles
- Wolverhampton Station0.6 miles
- The Royal Tram Stop0.7 miles
Notes
Disclaimer - Property reference 336248. 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 Bond Wolfe, Commercial Sales. 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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