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Residential Property For Sale Paul Street, Wolverhampton, Wolverhampton, WV2 4DH

Description Sale Type Size Price Property Type Tenanted Rental Income Usage Development Opportunity
To Let Undisclosed POA
  • Other
No N/A C2 No
For Sale Undisclosed POA
  • Other
No N/A C2 No

Usages: Apartment

Short Description:
Part Completed & Let Residential Investment / Development Opportunity

We are inviting All Enquiries and will consider proposals to fund, develop or purchase the property outright, including joint venture structures.
On the instructions of

Key Features:
Landmark site on Wolverhampton Ring Road
Full planning consent for 117 residential apartments
150,000 sq ft GIA on 2.1 acres total site area
Within 15-minute walk of the University of Wolverhampton
Currently producing £26,326 per month

Description:
The property comprises the landmark former manufacturing facility of the Sunbeam Motor Company, dating from the late 1800s. Such is the historical prominence of the site that the vicinity is still referred to as Sunbeamland.

The property has

Planning:
The development received full planning permission in June 2014 (Ref. 13/01262/FUL) for conversion and part new-build for residential use, including houses of multiple occupation and learning disability accommodation.

The consent was subject to

Tenure:
The main site between Paul Street, Pool Street and Jeddo Street is held Freehold: Title Number WM------ (edged red).

The adjacent land fronting Paul Street is held leasehold by a connected party: Title Number MM49689 (edged blue) and is availab

Terms:
The Joint Administrators are inviting All Enquiries and will consider proposals to fund, develop or purchase the property outright, including joint venture structures.

Additional information is available and viewings are now being scheduled p

The property is situated on a gateway site at the junction of Wolverhampton Ring Road and Penn Road, immediately to the south of Wolverhampton City Centre.

The prime City Centre retail area, including the Mander and Wolfrun Shopping Centres, is

The pricing is unfortunately not available for this property online. Please submit your details using the form below and the agent will contact you to discuss this further.

 

Contact Colliers International

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