Investment property / Retail premises

This property comprises two substantial vacant freehold retail premises with upper floors located at the junction of Cleveland Street and Worcester Street in Wolverhampton city centre. Access is conveniently available from the junction at Nos. 1-2 Worcester Street, while No. 3 can be accessed from Worcester Street via roller shutters. The property presents an excellent opportunity for a variety of uses or redevelopment, including the potential for residential accommodation to the upper floors, subject to obtaining the necessary planning consents. The property occupies a prominent position within an established commercial and retail pitch. The immediate surroundings feature a broad mix of national and independent retailers, food, leisure, and service operators, generating strong levels of pedestrian activity throughout the area. Wolverhampton’s main shopping and civic amenities, together with the railway and bus stations, are all readily accessible, providing excellent public transport and road connectivity. Accommodation comprises a ground floor retail area formerly used as office space, a further five rooms, and a kitchen. The first floor provides ancillary areas and offices, and the second floor provides additional ancillary areas and offices. The property benefits from a gas-fired central heating system and double glazing, though it is in need of refurbishment. It is offered with vacant possession upon completion.