10-16 Wolverhampton Rd 2,337 SF Office Unit Offered at £275,000 in Cannock WS11 1AH

PROPERTY FACTS

Price £275,000
Unit Size 2,337 SF
No. Units 1
Total Building Size 4,600 SF
Property Type Retail (Unit)
Property Subtype Storefront Retail/Office
Sale Type Investment
Building Class C
Number of Floors 3
Typical Floor Size 1,381 SF
Year Built 1950
Lot Size 0.16 AC

AMENITIES

  • Security System
  • Signage

1 UNIT AVAILABLE

Unit 14-16

Unit Size 2,337 SF
Price £275,000
Price Per SF £117.67
Unit Use Office
Sale Type Investment
Tenure Freehold
Net Initial Yield 6.91%
NOI £19,000
SALE NOTES

The property is currently let on a single tenancy with effect from 27/09/2021 for 6 years and is currently producing an income of £19,000 per annum exclusive.
Offers are invited in excess of £275,000.00 for the freehold purchase

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NEARBY MAJOR RETAILERS

ASDA
Morrisons
Iceland
Lloyds Bank
HSBC Bank Plc
National Westminster Bank Plc
Barclays
Heron Foods
Co-op
Starbucks
  • Listing ID: 35314919

  • Date on Market: 15/03/2022

  • Last Updated:

  • Address: 10-16 Wolverhampton Rd, Cannock WS11 1AH