Summary - PERTEMPS, 81-83, DARLINGTON STREET WV1 4JD
1 bed 1 bath Commercial Property
**Standout Features:**
- Substantial freehold, three-story corner property.
- Prime town center location with high visibility.
- Fully let to four secure tenants, generating an annual income of £78,900.
- Total area of 8,302 sq. ft. with flexible office and retail space.
- Prominent proximity to national retailers and The Mander Shopping Centre.
- Net initial yield of 11.63%, highlighting excellent investment potential.
**Notable Concerns:**
- High crime rate in the local area.
- Deprivation concerns may affect long-term value perception.
**Summary:**
Positioned in the heart of Wolverhampton, this prominent three-story commercial property at 81-83 Darlington Street represents a remarkable investment opportunity. The asset comprises two ground-floor retail units and self-contained office space on the upper levels, totaling over 8,300 sq. ft. This fully tenanted property boasts an annual rental income of £78,900, which offers a lucrative net initial yield of 11.63%, making it ideal for seasoned investors seeking reliable returns.
The location is enhanced by excellent foot traffic, being adjacent to national retailers, and easily accessible via major roads and public transport. While the immediate area experiences higher crime rates and general deprivation, it remains a commercially vibrant locale, presenting potential for future appreciation. With a guide price of £645,000, this freehold property is a unique prospect that won’t last long in the market. Interested buyers looking for solid rental income and substantial asset management potential should act quickly to seize this opportunity.
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