Share This Listing

Message

950 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Canal Wharf Wednesfield Rd 9,795 SF 100% Leased Retail Building Wolverhampton WV1 1JA $932,674 ($95.22/SF) 11.43% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Total accommodation of approx 910 sqm (9,795 sqft) on a site of 0.109 ha (0.271 acres)
  • Wolverhampton Rail Station is within 370m of the property
  • Prominent canal side position fronting the A4150

EXECUTIVE SUMMARY

Lot 50 was available for sale at an Allsop online auction that was help on Tuesday 11th June 2024.
The property comprises a freehold investment opportunity for sale.
The asking price is £700,000, representing a gross initial yield of 11.43%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
9,795 SF
Building Class
B
Year Built
1892
Price
$932,674
Price Per SF
$95.22
Cap Rate
11.43%
NOI
$106,605
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.42
Lot Size
0.54 AC
Parking
10 Spaces (1.19 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access

NEARBY MAJOR RETAILERS

The Sunbeam
Costa Coffee
Co-op
Sainsbury's
Londis
Chopstix Noodle Bar
Lounges
KOKORO
GDK
Nando's
  • Listing ID: 32024631

  • Date on Market: 6/5/2024

  • Last Updated:

  • Address: Wednesfield Rd, Wolverhampton WV1 1JA

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}