Mixed Use in Wolverhampton

A freehold mixed use property extending four stories (including basement) offered with current income of £14,400pa. The property has recently had a new roof (not inspected) and has two near completed one bedroom apartments to the second floor (we are advised these require sign off). The ground floor basement is let producing £1,200 pcm to a Photography studio on a 5 year lease with end date in 07/2030 (see legal pack for more information). There is access to the car park from the basement level. The first floor comprises two large rooms which have planning consent for the creation of residential dwellings. we estimate the property has scope for £52,800pa income when fully let and completed. There is a large...