Summary - Willenhall Street, Wednesbury WS10 8HU
1 bed 1 bath Shop
Established convenience store with upstairs rental income and fitted trading layout.
Prominent main road position with strong passing trade
A ready-made convenience business on a prominent main road, currently producing substantial weekly turnover and steady footfall. The ground-floor shop is fitted and trade-ready, with refrigerated displays, shelving and a compact rear storage area suited to continued retail use.
Upstairs is a self-contained one-bedroom flat producing £1,200 pcm, providing immediate rental income alongside the trading business. The current rent is £35,000 per annum and the vendor seeks offers over £120,000 premium, making this a mixed-income opportunity for an owner-operator or investor.
Important lease information: the property is leasehold with only 10 years remaining. This is a material drawback — many mortgage lenders may refuse to lend on a short lease. Prospective buyers should seek specialist finance advice and budget for lease extension costs or purchase as a cash buyer.
Location notes: positioned on busy Willenhall Street with excellent passing trade and public transport links. The area is very deprived with average crime levels, so consider local market dynamics and tenant demand when assessing long-term prospects. There is no private outdoor amenity and the commercial footprint is modest, limiting expansion without reconfiguration.
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