Industrial for sale

Marquin Engineering, Alma Street

Income producing commercial investment /owner occupier opportunity providing Total Gross Internal Floor Area of 14,970 sq ft (1391.12 m sq) within an area subject to ongoing residential development

Commercial premises forming part of an area subject to ongoing residential development which will be of interest to owner occupiers, property investors and property developers

Existing commercial premises

Total Gross Internal Floor Area of 14,970 sq ft (1391.12 m sq) including mezzanine

Total Site Area 0.4583 acres (0.1855 hectares)

Adjacent to a significant land holding benefiting from residential consent

Income producing (£43,100 per annum)

Showing a Net Initial Yield 9.6% (afters costs)

Marquin Engineering, Alma Street, Heathtown, Wolverhampton WV10 0EY

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Local authority: City of Wolverhampton Council Civic Centre, St. Peter's Square, Wolverhampton, WV1 1SH Telephone: 01902 551 155

Transportation

Airports

Birmingham 17.7m

National rail

Wolverhampton 0.5m, Coseley 3.1m, Bilbrook 4.1m

Offers

PRICE: £430,000 (Exclusive) * (Showing a Net Initial Yield of 9.6% after normal purchasers costs)

Further information

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Property marketed by:

Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury SY4 3DR
Halls Commercial
Halls Commercial
Quote reference: SALE-42259

COMMERCIAL INVESTMENT/OWNER OCCUPIER/DEVELOPMENT OPPORTUNITY * Total Gross Internal Floor Area of 14,970 sq ft (1391.12 m sq) including mezzanine * Total Site Area 0.4583 acres (0.1855 hectares) * Showing a Net Initial Yield 9.6% (afters costs)

£430,000