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22-24 Lower High Street, Wednesbury, WS10 7AQ

Offers in the Region of £400,000

About this property

A substantial two storey corner property with prominent return frontage. The property briefly comprises a large ground floor retail property with first floor premises. In total the property is  approximately 5,800 square feet spread over two floors. The ground floor extends to approximately 2,900 square feet. Beyond the retail trading area there are WC’s and ancillary areas. The ground floor currently trades as a furniture store paying a monthly rent of £1,500 pcm. To the first floor there is vacant premises extending to 2,900 square feet with the benefit of planning consent for conversion to 5 residential  apartments.  Further scope exists for conversion of the ground floor to a further 5 apartments, creating a total  development of 10 apartments.

 

Key Features

  • Town centre development/investment opportunity.
  • Substantial ground floor retail premises.
  • Planning permission for conversion of first floor to 5 apartments.
  • Potential for further conversion of the ground floor ( STP).
  • Freehold – offers based on £400,000.

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