This prominent property represents a unique investment opportunity featuring a vacant first-floor residential unit alongside a commercial space currently operating as an off-licence and grocery store. Located in the well-established Ettingshall area, just south of Wolverhampton city centre, this asset benefits from its proximity to major roadways, facilitating easy access to the M5 and M6 motorways. The surrounding area boasts a mix of independent businesses and national chains, enhancing its appeal for both commercial and residential development.
The first-floor unit comprises a two-bedroom flat that offers potential for revitalization, making it an attractive proposition for investors looking to increase rental income or convert to owner-occupied housing. Additionally, there is a garage and significant land at the rear of the property that presents further development prospects, subject to obtaining planning permission.
Currently generating an annual income of £7,200 from the ground floor commercial tenancy, this property not only provides immediate cash flow but also numerous avenues for future enhancement and value increase.
