Land at Lord Street, Merridale Road, Wolverhampton, West Midlands, WV3 9RX

Freehold Mixed Use Development Opportunity

Property details

Type Land/Development
Price POA
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  • Substantial corner site with full planning permission
  • Prominent location 0.5 mile from Wolverhampton City Centre
  • Proposed development comprises 24 apartments and two retail units
  • Freehold
Wolverhampton is centrally located in the UK approximately 17 miles (27 km) north west of Birmingham, 74 miles (119 km) south of Manchester, 99 miles (159 km) north of Bristol and 130 miles (209 km) north west of London. The city has good road communication links with Junction 10 of the M6 4 miles to the east and Junctions 1&2 of the M54 4 miles to the north. The A41 provides access south east into the Black Country along the Black Country Route and the A449 Stafford Road leads north to Junction 2 of the M54. The site lies to the west of the city centre and is situated on the corner of Merridale Road and Chapel Ash – one of the main arterial routes in and out of the city. Nearby occupiers include Stratstone Harley Davidson dealership, Subway and the remodelled Banks’s Brewery (Marstons). The area to the east of the site is a mixture of commercial and residential property, whilst the general tone heading west on Merridale Road is residential.

A predominantly rectangular shaped site, extending to approximately 0.15 acre or thereabouts, with planning approved for the development of 24 residential apartments. Accessible on foot from Lord Street, the plot is nearby the corner with Merridale Road, which links to the A454 Compton Road, as well as the A41 Tettenhall Road. The site is 0.2 miles away from the A4150 Wolverhampton Ring Road, and 0.6 miles away from Wolverhampton city centre. Bond Wolfe have not formally measured the site area and prospective purchasers should satisfy themselves as to the full extent of the site.

New Build development - 19 x 2 bedroom apartments and 5 x 1 bedroom apartments
Price available upon request
The site benefits from full planning permission for a new development of 24 apartments accessed via Lord Street, granted under application number 21/00563/RC. Copies of all relevant plans and supporting documents are available upon request.
We are advised that VAT is applicable and will be payable in addition to the purchase price.
New Build development - 19 x 2 bedroom apartments and 5 x 1 bedroom apartments
We have been informed that all mains services are connected to the site, but prospective purchasers should still make their own independent enquiries as to the suitability of the services for their particular requirement.
Legal Costs
Each party are to responsible for their own legal costs.
Anti Money Laundering
In accordance with Anti Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.