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3-8 Marsh Lane Parade, Stafford Road, Oxley, Wolverhampton, WV10 6RT

8,747 Sq Ft / Retail / General Retail

For Sale - £1,000,000.00

Available - Last updated: 27 November 2022

Description



Mixed-use investment producing £98,640 per annum. Purpose-built block comprising a terrace of 6 shops together with 6 first floor, self-contained, two-bed, duplex apartments.



Location



Oxley is a suburb of Wolverhampton, West Midlands, and a ward of Wolverhampton City Council. It is situated in the north of the city, bordering South Staffordshire and the Bushbury North, Bushbury South and Low Hill, St Peter's and Tettenhall Regis wards. It forms part of the Wolverhampton North East constituency. 10.2 miles from Walsall and 2.5 miles from Wolverhampton Town Centre.



Planning



We believe the Units 3-8 has been used under Class E - Commercial, Business and Service of the Town and Country Planning (Use Classes) Order 1987 (as amended) but may be subject to a range of professional uses STP. We believe Flats 3a - 8a have been used under Class C3 Dwellinghouses. All parties should confirm the planning position with the relevant Local Authority.



Services



All mains services with the exception of gas are connected to the property.



VAT



All figures are quoted exclusive of VAT, we are advised the property is registered for VAT which is applicable at the prevailing rate.



EPC



Unit 3 = D (78)
Unit 4 = E (113)
Unit 5 = D (82)
Unit 6 = C (63)
Unit 7 = D (94)
Unit 8 = C (63)

Apt 3a = E (40)
Apt 4a = E (53)
Apt 5a = E (42)
Apt 6a = E (53)
Apt 7a = E (42)
Apt 8a = E (47)



Accommodation



The accommodation has been measured on a Net Internal Area (NIA), measured in accordance with the RICS Code of Measuring Practice.



Tenure Comments



The block is offered for sale subject to occupational leases of the ground floor and AST's of the apartments. A tenancy schedule is available from the agent.



Brochure Header



Mixed use investment



Viewing



Please check our website for a virtual tour. Physical viewings with proceedable parties can be arranged on request by contacting our commercial property agents. OMEETO do not take any responsibility for any loss or injury caused whilst carrying out a site visit.
( Agency Pilot Software ref: 189 )

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £1,000,000.00 NA

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Chris Wright

Omeeto

01332 916580



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