Summary - 79, DARLINGTON STREET WV1 4JD
1 bed 1 bath Commercial Property
**Standout Features:**
- Substantial three-storey corner property in Wolverhampton
- Fully let, generating an annual income of £36,000
- Ground and first-floor tenancy with established Countrywide (Dixons Estate Agents)
- Excellent net initial yield of 10.70%
- Total floor area: 3,290 sq ft
- Freehold tenure with future asset management potential
- Prominent location near national retailers and Mander Shopping Centre
**Summary:**
This impressive three-storey Victorian commercial property offers a secure investment opportunity with a fully let status, generating £36,000 per annum from reputable tenants, including Countrywide (Dixons Estate Agents). Situated in a thriving corner location, this expansive 3,290 sq ft property encompasses a ground floor retail space and self-contained offices on the upper floors, accessible via a private entrance.
With an attractive guide price of £325,000, potential buyers can take advantage of a robust net initial yield of 10.70%. The property boasts excellent asset management potential, making it a formidable choice for seasoned investors. The prime location near well-known retailers and convenient transport links assures future rental growth and a solid return on investment.
While the area has been marked by high crime rates and levels of deprivation, its cosmopolitan ambiance attracts a diverse demographic, including new EU tech workers and students. The surrounding amenities highlight the property's appeal, from vibrant cafés and retail spots to educational facilities, making it an attractive setting for business tenants. Don't miss out on this unique opportunity to own a central piece of Wolverhampton's commercial landscape; a full legal pack is available for interested buyers.
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