32 Dudley Street, Wolverhampton | Property for sale | Savills
Guide price £450,000

32 Dudley StreetWolverhampton

  • New
  • Sole agency
  • Freehold
Investment
Yield 14%Yield

Key features

  • High Yielding, Prime, Retail Investment
  • Let to Telefonica UK Limited (t/a O2)
  • Longstanding Occupier
  • Producing £65,000 per annum
  • Prime Pedestrianised Pitch
  • 3,529 sq ft (327.9 sq m)
  • Guide Price Reflects 14% Gross Yield

High Yielding Prime Retail Investment Let to Telefonica UK Limited (t/a O2) on a Lease Producing £65,000 per annum

About this property

  • The property comprises a high yielding retail investment let to the undoubted covenant of Telefonica UK Limited (t/a O2). Arranged across ground and first floors, the property is fully let to Telefonica UK Limited (t/a O2) on a lease expiring March 2026 and paying a rent of £65,000 per annum. Situated with a frontage to Dudley Street, the property forms part of the prime, pedestrianised retail area of Wolverhampton. Nearby occupiers include, Primark, M&S and McDonald's.

Additional information

  • The property is let on a new five year lease to Telefonica UK Limited (t/a O2) for a term expiring March 2026 and paying £65,000 per annum.
  • The lease is on full repairing and insuring terms and has no breaks.
  • Telefonica UK Limited
  • D&B Rating: 5A2
  • Turnover (2022): £5.66bn
  • Pre Tax Profit (2022): £1.13bn
  • Total Assets: £10.39bn
  • Employees: 5,780