Commercial Property
The boundary of the club bounds the edge of the Black Country route and would make an ideal position for advertising hoardings subject to obtaining the necessary planning consents.
Copies of the Lease and predetermination correspondence are available at the Auctioneers offices.
We understand on a pre-application to Wolverhampton City Council that the land is suitable for the development of eight apartments over two floors of six one bedroomed and two, two bedroomed apartments subject to conditions and obtaining the necessary planning consents.
A football ground with playing field, stand, changing rooms, offices and bar room.
In addition to the ground is a Freehold parcel of land which is being confirmed suitable by predetermination by Wolverhampton City Council and it is suitable for the residential development of up to eight apartments over two floors.
Commercial Investment
A Freehold Development Site and Leasehold Football Ground Investment
The football ground is let on a sub-lease for 25 years concluding in 2038. The rent is paid direct to the Freeholder Wolverhampton City Council. Copies of the Lease are available for inspection at the Auctioneers offices.
The property is Leasehold for 99 years from the 30th June 2008 except for the development site which is being sold Freehold. The site is being sold with vacant possession and the football ground subject to the existing tenancy.
Strictly by arrangement with the Auctioneers.