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PORTFOLIO are happy to offer FOR SALE this Town Centre Commercial Property Together with Service Yard and Site in Willenhall, West Midlands.
Town centre location, The property is Let to Compton Hospice Ltd on a lease expiring 2026 (1) Vacant site (2) Rear service yard for the shop and adjoining units (3) VAT not applicable Shop Rent Review 2021 Shop Current Rent Reserved £21,000 Per Annum
The shop is arranged on ground and one upper floor to provide a ground floor shop with ancillary storage accommodation at first floor level, it also includes a vacant site on Union Street and the rear service area serving the property and also 2/10 Union Street and 1/7 Stafford Street. The purchaser will be responsible for managing the service charge and maintenance of the yard area
Willenhall, with a population of some 28,000, is located some 14 miles north-west of Birmingham city centre and some 4 miles east of Wolverhampton. The town lies to the north of the A454 Black Country Route, some 2 miles west of Junction 10 of the M6 Motorway. The property is well located on the pedestrianised section of Stafford Street, at its junction with Market Place. Occupiers close by include Boots the Chemist (adjacent), Greggs, Barclays, Superdrug, Betfred and Ladbrokes, amongst others.
DEVELOPMENT- The site has huge potential for development (STP). The shop (1) has potential to develop above as well as having possibility of erecting advertising hoarding on the external wall. The vacant site (2) could be developed to provide 2 retail units with 4 flats above. The service yard (3) could be turned into a car park providing parking for up to 35 cars.
OFFERS OVER £250,000.
To arrange a viewing telephone PORTFOLIO today on 0161 830 8833.
STAFFORD STREET, WILLENHALL
Stafford Street, Willenhall, WV13 1TQGBWillenhallWest MidlandsWV13 1TQStafford Street
Detached commercial premises currently providing single storey offices, workshops, showroom/trade counter, stores and ancillary space. Former school, which has been converted and extended for existing use. Site area of 0.25 ac including secure delivery yard to the side. Residential development potential - outline planning permission for demolition of existing building and erection of 5 dwellings. Planning reference TWC/2016/0677. Conveniently located close to Junctions 5 & 6 of M54 motorway.
Former Wrekin Pneumatics Premises, Park Road, Dawley Bank, Telford, TF4 2BE
Type: Offices, Trade counter, Residential, Distribution Warehouse, General Industrial, Light Industrial, Warehouse, Storage, General Retail, Retail - Out of Town, Land, Other, Retail, Industrial, Commercial Land, Other Property Types & Opportunities
Former Wrekin Pneumatics Premises Park Road, Telford, TF4 2BEGBTelfordShropshireTF4 2BEFormer Wrekin Pneumatics Premises, Park Road
Freehold retail and first floor self contained office investment part vacant. Modern town centre building with rear delivery access. Scope for refurbishment. Duke Street is centrally located in the main retail area of Wellington with the important Wellington Retail Market nearby together with a range of multiple concerns including Lloyds TSB, Subway, Coral Bookmakers, Halifax etc in close proximity. There are a range of free public car parks a short distance from the property. Wellington is the principal district centre of Telford which has a total population of about 120,000.
Duke Street, Wellington, Telford, Shropshire
Type: Office, General Retail, Retail - High Street, Retail, Mixed Use, Offices, Other Property Types & Opportunities
8 - 10 Duke Street, Wellington, Telford, TF1 1BJGBTelford and Wrekin, TelfordShropshireTF1 1BJ2A, Duke Street