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47 Rooker Av 1,176 sq ft Retail Property Wolverhampton WV2 2DT £199,000 (£169.22/sq ft)
Investment Highlights
- Strong suburban position serving a high-demand residential catchment
- Freehold sale with secure income via an existing seven-year lease
- Traditional three-storey construction with private rear parking
Executive Summary
The property is available for sale freehold with the benefit of the existing occupational lease. The whole property is currently let to one tenant on a 7 year lease with a start date of 1st February 2023, producing an annual income of £11,196.
The property comprises a 3-storey terraced building of traditional brick elevations and pitched tiled roof. The Ground floor houses the main commercial space, whilst the upper
floors consist of a 2-bedroom flat. Externally, to the rear, the property benefits from private parking. The premises extends to approx. 1,176 sqft (109.3 sqm)
The property comprises a 3-storey terraced building of traditional brick elevations and pitched tiled roof. The Ground floor houses the main commercial space, whilst the upper
floors consist of a 2-bedroom flat. Externally, to the rear, the property benefits from private parking. The premises extends to approx. 1,176 sqft (109.3 sqm)
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,176 sq ft
Costar Property Class
B
Year Built
1960
Price
£199,000
Price per sq ft
£169.22
Tenancy
Single
Number of Floors
3
Plot ratio
0.50
Total Plot Size
0.05 ac
Frontage
15 ft on Rooker Avenue
Amenities
- EPC - C
- Storage Space
1 1
Nearby Major Retailers
1 of 3
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47 Rooker Av
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