67 Compton Road, Wolverhampton, WV3 9QZ
|Purchase Price:||£UNDER OFFER|
|Tenure:||For Sale & To Let|
The property is located approximately 3/4 mile to the west of Wolverhampton City Centre, on the A454 Compton Road, at its junction with Merridale Lane. The surrounding area is predominantly residential but, does benefit from nearby shops to include Sainsburys.
The three storey premises is of brick construction surmounted by a pitched tiled roof, with parking to the rear.
Internally the property comprises 4 offices on the ground floor with large kitchen / further office and W.C. facilities, 5 offices on the first floor with W.C. facilities and 3 offices, small kitchen and further W.C. facilities on the second floor. In addition is a useful basement area. The offices benefit from gas central heating throughout, fire alarm, intruder alarm and intercom system.
The property does appear to be suitable for alternative uses such as residential, subject to obtaining the necessary consents.
To the rear is a shared tarmac car park accessed off Merridale Lane which, provides parking for 8 cars.
Ground Floor 801ft2 74.4m2
First Floor 952ft2 88.4m2
Second Floor 694ft2 64.4m2
Basement 445ftt 41.3m2
The ground floor and two first floor offices are currently occupied by Caring Care who are currently holding over paying £10,000 per annum plus service charge.
There are 3 first floor offices (552 sq.ft) and 3 second floor offices with kitchen and store (694 sq.ft) available to let.
The property has several Rateable Values and we advise interested parties to satisfy themselves with the local authority but, we do believe that upto 100% rates relief could be available subject to circumstances.
From £7 per ft2, plus service charge, for a new lease on terms to be agreed.
£270,000 for the freehold interest subject to the current tenancies.
EPC - C - 61
VAT will be charged where appropriate
Strictly by appoint by the sole selling agents.
Subject to Contract
JS/SC Oct 19