282-290, Linthouse Lane, Wolverhampton, WV11 3TT

LOCATION

The property is located circa 2 miles (3.2 km) north-east of Wolverhampton City Centre situated near the junction of Woodend Road and Linthouse Lane with off road parking in the surrounding area.

The area serves as a key local convenience centre for residents in the immediate vicinity and the nearby Ashmore Park Estate with a popular public house which serves food and provides a sense of community.

There are excellent transport links into Wolverhampton City Centre and the property is in close proximity to the Motorway.

Just a short distance away is New Cross Hospital, Wednesfield Village and the popular Bentley Bridge retail park.

DESCRIPTION

The properties form a parade of shops & two self contained residential flats with other similar parades in close proximity with several neighbouring retailers comprising Optician, Off Licence, Gift Shop and Restaurants.

There are two self contained residential flats to the first floor. 282 -290 sits in a prominent position and is opposite a local pub and restaurant.

TENANCIES
Occupiers include a Beauty Parlour, Takeaways and Coffee Shop generating a rental income of circa £49,720.00 p.a. The Tenants are long established.

The low passing rent provides growth potential.
Further information can be obtained by contacting First City Ltd.

VAT

We understand that VAT does not apply to this transaction.

ASKING PRICE

We are instructed to seek unconditional offers in excess of £900,000.00 (Nine Hundred Thousand Pounds) subject to contract and exclusive of VAT for our client’s freehold interest.

LEGAL COSTS

Each party will be responsible for their own legal costs.

VIEWINGS

Viewings by appointment only. All enquiries through Agents First City ‘The Property Consultancy’ on quoting reference 5559. Ask for Neil Hazlehurst

EPC

Energy Performance Certificates available on request.