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2 High Street, Wombourne, Wolverhampton

£575,000

£253.75 per sq ft

Business rates & charges may apply

Hexagon Commercial Property, Stourbridge
SIZE AVAILABLE

2,266 sq ft

211 sq m

SECTOR

Commercial property for sale

Key features

  • FREEHOLD FULLY-LET INVESTMENT OPPORTUNITY IN WELL-REGARDED VILLAGE OF WOMBOURNE
  • CURRENTLY PRODUCING £48,670 PER ANNUM
  • SITUATED IN AN AFFLUENT VILLAGE WITH STRONG LEVELS OF FOOTFALL AND PASSING TRAFFIC
  • FORECOURT LOADING AND PARKING

Description

2 High Street, Wombourne comprises an attractive, mixed-use investment opportunity arranged over ground and first floor levels. The property includes two self-contained retail units at ground floor level together with a well-proportioned two-bedroom residential flat above. The ground floor provides two independent retail units, each benefiting from prominent frontage onto High Street. Both units are currently occupied with the first unit recently being let, and the second let on a newly agreed lease, providing an element of secure income. The first floor comprises a self-contained two bedroom flat, accessed independently, offering well-configured residential accommodation. The flat provides an additional income stream and enhances the overall investment profile of the property. Externally, the property benefits from a forecourt area to the front, suitable for customer access and servicing, and occupies a highly visible position within the village centre. Overall, the pr
Shop A - 679 Sq Ft Shop B - 679 Sq Ft First Floor Flat - 908 Sq Ft
Wombourne is a popular and affluent village located within South Staffordshire, approximately 4 miles south-west of Wolverhampton and 6 miles west of Dudley. The property is prominently situated on the High Street, the principal retailing thoroughfare within the village, which accommodates a mix of local independent retailers, service providers, and national occupiers. The immediate vicinity benefits from strong levels of footfall and passing traffic, supporting a vibrant local trading environment. Wombourne benefits from excellent road connectivity, with convenient access to the A449 and A463, providing links to Wolverhampton, Stourbridge, Dudley and the wider West Midlands conurbation. The village is well-regarded as a residential location, with a strong local catchment and a range of amenities including schools, supermarkets, cafes, and leisure facilities, making it an attractive location for both commercial occupiers and residents alike.
Freehold
Shop A RV - £11,250 Shop B RV - £13,000 Flat Council Tax Band - A
We are instructed to seek £575,000 for the freehold interest. A purchase at this level reflects a gross yield of 8.5%. All figures quoted are exclusive of VAT.

Brochures

2 High Street, Wombourne, Wolverhampton

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Coseley Station4.2 miles
  • Wolverhampton St George's Tram Stop4.3 miles
  • The Royal Tram Stop4.3 miles

About Hexagon Commercial Property, Stourbridge

5 Heath Lane Stourbridge DY8 1RF

Previously known and branded as Lex Allan Commercial, Hexagon are a Stourbridge based bespoke Commercial Property Solutions provider trading from the premises of Lex Allan (The Auction House).

Offering Commercial Property services in lettings, sales, acquisitions, management and more in the Stourbridge, Halesowen, Lye, Brierley Hill, Kingswinford, Netherton and surrounding areas.

Having built a strong reputation as Lex Allan Commercial we continue to offer a full range of agency and management services and are retained by both local and regional property investors and National operators.

Our exemplary breadth of Commercial Property experience in the Black Country and surrounding areas means Hexagon are well positioned to offer informed and incisive advice on all commercial property related matters. All of our staff members live within the area's which we cover therefore allowing them to provide informed advice and up to date information.

Notes

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