The Wolverhampton Office of Towler Shaw Roberts have sold industrial premises in Dixon Street, Wolverhampton on behalf of private clients.
The property comprises industrial workshop/warehouse accommodation and offices. A separate section of the offices are let out and has formed part of the sale.
To the rear of the property there are derelect buildings which provide the new owner with an opportunity for redevelopment in the future. The buildings total 7,551 Sqft with the additional derelict buildings being approximately 6,500 Sqft. The purchaser will be occupying the main building for his own business.
Richard Bache, Head of Agency in Wolverhampton for TSR commented “Despite a period of really tough conditions we are now seeing an improvement in the market with increased equiry levels and numbers of properties being sold or let. This property at Dixon Street is a good example of this where from a difficult start we actually received two competing offers demonstrating that demand is returning to the market”.