**INVESTMENT OPPORTUNITY** 16 & 16a Windmill Bank, Wombourne, V5
Size
537
Tenure
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- Primary use
- Mixed use
No floor / site plan
Key features
- Attractive investment opportunity
- Situated in the popular village of Wombourne
- Consisting of ground floor retail unit, 2-bedroom flat and single garage to the rear
- Currently producing an annual income of £15,900
- Offers are invited in the region of £249,000 for the freehold
Description
The area around Windmill Bank is known for its village charm, with shops, local businesses, and amenities nearby. The village green, which is a central feature of Wombourne, is also located close by. The road has residential properties, as well as commercial establishments, giving it a mix of local activity and community character.
Wombourne itself is known for its canals, rural surroundings, and the South Staffordshire Railway Walk, which runs nearby, making Windmill Bank part of a village that blends history, natural beauty, and modern life.
This modern, mid terrace property comprises an open plan retail unit on the ground floor with storage and welfare facilities to the rear. On the first floor there is a self-contained, two-bedroom residential flat. The property further boasts a single garage, located to the rear of the property.
Tenancies:
Ground Floor - The commercial retail unit is let to The Mary Stevens Hospice Trading Company Ltd for a term of 10 years, commencing on the 24th April 2015. The current rent is £10,500 per annum, exclusive of occupational outgoings. The garage, located to the rear, forms part of the Property within this Lease.
First Floor - The residential flat is currently let on an Assured Shorthold Tenancy Agreement, commencing on the 11th July 2014, for a rent of £450.00 per calendar month.
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Brochure
**INVESTMENT OPPORTUNITY** 16 & 16a Windmill Bank, Wombourne, V5
About Towler Shaw Roberts, Wolverhampton
Since 1991, TSR have been providing expert professional advice on Commercial Property matters with the remit of adding value to our individual clients business. With three strategically located offices in Shropshire and the West Midlands TSR's in depth knowledge of the local markets conditions has led to our coverage extending beyond our typical coverage of Wales, the West Midlands, Shropshire and Staffordshire.
As a progressive and proactive firm, we offer a holistic range of services that encompass the breadth of our clients' needs and include Asset Management, Agency, Landlord and Tenant, Investment, Valuation and Professional Services, Rating and Compensation Advice, Dilapidations and Property Management.
With Clients ranging from private individuals to national Corporates, TSR offer each client the same level of service with clear, professional and consistent advice on all property matters.
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Disclaimer - Property reference 16WindmillBank. 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 Towler Shaw Roberts, Wolverhampton. 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.