2-5 Princess Street, Wolverhampton, West Midlands WV1 1HD
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Read more Read moreThe property is a substantial two-storey building comprising ground floor retail space and vacant ancillary space on the first floor. It is freehold and includes two retail units currently let to tenants trading as Betfred and Gracehands Grocery. The total building area is approximately 873.46 sq m (9,403 sq ft). Planning permission has been granted for the conversion of the upper floors into 22 student bedrooms and a basement gym, with preparations made for additional floor space for either student or alternative use, subject to planning. The property is situated in a prominent corner position on the west side of Princess Street at its junction with King Street, in a semi-pedestrianised area close to the Mander Shopping Centre. Nearby occupiers include KFC, Starbucks, Nationwide, Holland & Barrett, and Card Factory. The current rental value is £57,000 per annum, with the upper parts vacant.
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