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Tettenhall Rd 1,077 sq ft Retail Property Wolverhampton WV6 0SU £680,000 (£631.38/sq ft) 8.60% Net Initial Yield
Investment Highlights
- Located within an affluent district
- Popular retail parade
- Good transport links
Executive Summary
The property comprises three shops, two self contained flats and a warehouse to the rear. There is a forecourt to the front and there is vehicle access to the rear.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,077 sq ft
Costar Property Class
C
Year Built
1976
Price
£680,000
Price per sq ft
£631.38
Yield
8.60%
NOI
£58,500
Tenancy
Single
Number of Floors
1
Plot ratio
0.17
Total Plot Size
0.14 ac
Parking
2 Spaces (1.86 Spaces per 1,000 sq ft Leased)
Frontage
49 ft on Tettenhall Road
Amenities
- Bus Route
- Security System
- Signage
1 1
Nearby Major Retailers
1 of 3
Videos
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Photos
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Map
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Tettenhall Rd
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