An investment property that’s part of a popular Wolverhampton shopping parade has been sold to a private investor.

Offers in the region of £195,000 had been invited by Towler Shaw Roberts for the property at 76 Green Lane, Claregate.

Comprising a ground floor tea room, which extends to approximately 414 sq ft, with a one-bedroom flat above, the property currently generates a combined total income of £11,820 per annum.

Martin Zaki, who handled the sale for Towler Shaw Roberts, said: "The premises is situated within a well-established shopping parade in the popular residential area of Claregate.

“It’s surrounded by local occupiers and is just under two and a half miles from Wolverhampton city centre.

“The property, which benefits from parking and storage, represents an attractive investment opportunity and we are pleased to have completed a sale to a private investor.”

Pictured: The property at 76 Green Lane, Claregate, Wolverhampton currently generates a combined total income of £11,820 per annum.

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