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1 Southgate and 49 Bath Road, Wolverhampton, WV1 4PT

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Property Overview

Purchase Price: £SOLD
Type: Investment Properties
Size: 1,524 sq. ft / 142 sq. mtrs
Tenure: For Sale
Description:

Mixed use investment

Detailed Information

Location

The property is located close to Wolverhampton city centre, directly between West Park and Marstons brewery, and within the West Park conservation area

Description

The property comprises two adjoining period properties, together with car park and grounds.

Both are subtantial two storey buildings

1 Southgate - was in use until recently as offices, now vacant

49 Bath Road - has been converted to four flats

The property therefore represents a part-income producing investment, with 1 Southgate providing opportunity for further development, or for continued office use

Flat Tenancies/Accommodation (49 Bath Road)

Flat 1, GF, Hall, Bathroom, Bedroom, Living room with galley kitchen

Let on 6 month AST from 3/6/2019 at £4200pa

Flat 2, GF, Kitchen, Lounge/Bedroom, bathroom

Let on 6 month AST from 1/6/2019 at £4200pa

Flat 3, Living Room/galley kitchen, small hallway, Bathroom, Bedroom

Let on 6 month AST from 1/6/2018 at £4200pa

Flat 4, Kitchen, Lounge/Bedroom, Bathroom

Let on 6 month AST from 12/6/2015 at £3900pa

 

Total rent roll £16500pa

Office Accommodation (1 Southgate)

Ground Floor

Office 1            216ft2

Office 2            198ft2

Store/corridor    71ft2

Office 3           135ft2

Kitchen             93ft2

Store                76ft2

First Floor

Office 1           290ft2

Office 2           210ft2

Store                 15ft2

Kitchen              97ft2

Office                68ft2

Bathroom          55ft2

 

Total              1527ft2

 

Car Park - substantial car parking area to the rear.

EPCs

The four flats have EPC ratings of E, D, C, E

I Southgate has an EPC rating of D

Compliance

A data pack may be available for inspection, providing ASTs, Legionella reports, Gas safety, electric certificates, (as and where appropriate).

VAT

May apply where appropriate

Price

SOLD

Offers invited around £310,000

© 2020 Michael Tromans & Co. | Web Design by Nutcracker

Michael Tromans & Co is the trading name of Michael Tromans & Co LLP. Michael Tromans & Co LLP is a Limited Liability Partnership registered in England and Wales.
Registered Office: 6 Waterloo Rd, Wolverhampton, West Midlands WV1 4BL. Registered No. OC358112.

MISREPRESENTATION ACT 1967: Michael Tromans & Co. for itself and for the vendors or lessors of this property whose agents they are given notice that the particulars are a general outline only for the guidance of intending purchasers or lessees, and do not constitute an offer of contract. All descriptions and any other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them. No employee of Michael Tromans & Co. has any authority to make or give any representation or warranty whatever in relation to this property.