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Offers over

£2,000,000

(£22.96/sq. ft)

Hotel for sale
New Road Featherstone, Wolverhampton WV10

    • 87,120 sq. ft

  • EPC Rating: E

Added on 21/08/2024

About this property

  • Buy-to-Let Opportunity

  • Long Term Tenant Currently Situated

  • Likely to attract enquiries from Serious Investors & Developers

  • Large Primary Business Area

  • Communal Parking Area

  • Investment potential detailed below (Let Property Pack)

This is a commercial multi-unit property in Wolverhampton with a tenant situated that is currently generating a steady, rewarding rental income for the current landlord.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The property features 6 cottages, 1 hotel+bistro and beer garden, large communal parking area, spacious kitchen and large back and front garden ground space.

Investment details

It currently produces an annual gross income of £160,800 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Mortgage calculator

Monthly repayment

£10,004 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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