This property presents a substantial investment opportunity located in Wednesbury, ideally positioned near Junction 10 of the M6 and within easy reach of local amenities. The offering includes a three-bedroom house alongside commercial facilities, providing multiple income streams.
The residential portion features three bedrooms, with a practical layout that includes a lounge, reception room, and kitchen equipped with wall and base units. Each bedroom offers ample space, while the bathroom is fitted with essential amenities including a heated towel rail and shower over the bath.
In addition to the living space, the property boasts significant commercial potential. There is a ground floor retail unit with direct street access, currently rented out, as well as five workshops and 15 lock-up garages—all actively tenanted. The extensive rear yard is presently utilized for caravan storage, accommodating approximately 90 pitches. This entire site spans around 1.48 acres and brings in an impressive rental income of approximately £78,000 per year.
The mixed-use nature of this property opens up various avenues for further development or enhancement—subject to obtaining the necessary planning permissions. This could be particularly appealing to investors seeking to increase their portfolio's value or those interested in renovation projects.
For prospective buyers, there are important considerations regarding site history and existing conditions; it's recommended to conduct thorough due diligence prior to any commitments. This property not only offers immediate rental returns but also showcases significant long-term investment potential in an increasingly sought-after location.
