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Sold Prior | Lot 35

Whiteheads Building, 26A Snow Hill, Wolverhampton, West Midlands, WV2 4AD

Sold Prior

  • Mixed Use
  • 24 Bedrooms

Call the team on 020 7625 9007 for more information

Auction Date

Wed 06/05/2020

Auction Time

12:00

Auction Venue

Live Stream Only

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.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.