The property comprises a four-storey brick-built serviced office block, with local public car parks nearby. The premises contains cellular offices across the three floors with an open plan office space within the mezzanine fourth floor. Access is served via internal stairwells as well as shared W/C facilities and kitchens across the first two floors. The property offers fully serviced office accommodation and is currently let to 17 tenants all on licence agreements and currently producing an income of £72,000.00 per annum.
Location
The property is located within Wolverhampton City Centre, just off Pipers Row and situated within the artist quarter of the City Centre. The premises is a short walk from Wolverhampton Train and Bus stations, and in close proximity to national and local retailers, banks and public houses
Accommodation
Basement Offices - 728 sq ft
Ground Floor - 1,520 sq ft
First Floor - 1,022
Second Floor - 1,173 sq ft
Mezzanine Office - 419 sq ft
Total - 4,862 (including hallways, kitchen and W/C facilities)
Terms
Rates Any interested parties must ensure that they are satisfied with the up-to-date rating assessment via the Valuation Office Agency (VOA) and in respect of actual Rates Liabilities and potential reliefs available, with the local authority.
Terms Offers are invited in excess of £600,000 for the freehold purchase of the property
Specification
• RARE FREEHOLD INVESTMENT OPPORTUNITY
• GROSS PASSING RENT TOTALLING £72,000 PER ANNUM
• CITY CENTRE LOCATION
• HIGH YIELDING