2-5 Princess Street, 2-5 Princess Street, Wolverhampton
Guide Price
£750,000
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- Substantial Freehold Retail and Development Investment Opportunity
- Comprises two retail units together with vacant upper parts
- Let to tenants trading as Betfred and Gracehands Grocery
- Substantial building comprising approximately 873.46 sq m (9,403 sq ft)
- Planning granted for conversion of upper parts to 22 student bedrooms and gym
- Prominent location within Wolverhampton, close to University Central Campus
- Attractive Art Deco building of landscape merit with original features
- Investment let at £57,000 pa (7.60% on Guide Price)
- + Vacant Upper Parts for conversion to 22 student beds)
Description
The property comprises a substantial two storey building arranged as ground floor retail together with vacant ancillary space on the first floor.
The property is located in a prominent corner position on the west side of Princess Street, at it's junction with King Street. The area is semi-pedestrianised and close to the Mander Shopping Centre. Nearby occupiers include KFC, Starbucks, Nationwide, Holland & Barrett and Card Factory.
The property is located in a prominent corner position on the west side of Princess Street, at it's junction with King Street. The area is semi-pedestrianised and close to the Mander Shopping Centre. Nearby occupiers include KFC, Starbucks, Nationwide, Holland & Barrett and Card Factory.
2-5 Princess Street, 2-5 Princess Street, Wolverhampton
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wolverhampton St George's Tram Stop0.1 miles
- Wolverhampton Station0.2 miles
- The Royal Tram Stop0.5 miles
Notes
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