The property comprises a prominent multi-let office building located in Wolverhampton city centre. The building totals 41,053 sq.ft over seven floors with 77 secure car spaces on site. The property is 95% let to 14 tenants. WAULT of 2.93 years to expiries and 2.37 years to breaks. Current rent of £359,169 per annum (low average rent of only £8.92 per sq.ft). Asset management opportunities. Offers sought in excess of £3,200,000 which reflects a net initial yield of 10.54% and a reversionary yield of 11.07%. The underlying capital value is only £77.95 per sq.ft.