A Substantial Freehold Mixed-Use Investment Opportunity Comprising 2 x Ground Floor Commercial Units and 4 x Self-Contained Six Bedroom Flats Providing a total of 12 En-Suite and 12 Double HMO Rooms. Current Combined Rent is £141,159 (Equivalent) Per Annum. When Fully Let the Property has an ERV of £144,000 Combined Per Annum.
The lot comprises three storey building arranged to provide two ground floor shops and on the first and second floors there are four self-contained flats each made up of six bedrooms (3 with en-suites) all with a shared shower room and shared kitchen.
Location
The property is situated in the centre of Wolverhampton with easy access to all of the local shops and amenities nearby. The Wolfrun Shopping Centre is also in close proximity. Transport links are provided by Wolverhampton rail station.
Tenancy
Please refer to the legal pack for a full tenancy schedule.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.