2-5 Princess Street, 2-5 Princess Street, Wolverhampton

Guide price

£750,000

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Mixed use

No floor / site plan

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.
Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
No
Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

2-5 Princess Street, 2-5 Princess Street, Wolverhampton

NEAREST STATIONS

London Tram

Wolverhampton St George's Tram Stop

0.15 miles

National Rail

Wolverhampton Station

0.24 miles

London Tram

The Royal Tram Stop

0.46 miles

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Disclaimer - Property reference 258F2F2F-4840-4D6D-98BB-A7A2DE653360. 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 Savills National , Savills Auctions- Commercial. 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.