Wolverhampton is situated in the West Midlands and is approximately 24 km (15 miles) north west of Birmingham, 11 km (7 miles) west of Walsall and 29 km (18 miles) south east of Telford.

Wolverhampton benefits from good road communications being approximately 8 km (5 miles) west of Junction 10 of the M6 Motorway and 3.2 km (2 miles) south of Junction 2 of the M54 Motorway. The A41 Black Country Route provides direct access to the M5 at Junction 1 which links to Birmingham.

Wolverhampton is connected to the national railway network with a fastest journey time of 17 minutes to Birmingham New Street and 1 hour and 40 minutes to London Euston. HS2 will cut the journey time to London to 49 minutes. Birmingham International Airport is located approximately 44 km (27.5 miles) to the south east of Wolverhampton which provides domestic flights within the UK, and international flights to destinations in Europe, the Middle East, North America and the Caribbean.

The vibrant city of Wolverhampton has a population of approximately 260,000 and is one of the top ten growing economies in the UK. Located at the heart of Britain, the city is an ideal centralised location for businesses with 14 million people within 100 mins drive, 1.73 million with 30 mins and 3 million within 20 miles. Wolverhampton is one of only 13 cities nationwide where all four Mobile Network Operators have announced the rollout of 5G. It is ranked the top UK city for remote working according to the Remote Working Index.

Wolverhampton is home to sector leading firms including Jaguar Land Rover, Marston’s, Mogg and Collins Aerospace. The i54 strategic employment site north of the city centre is the most successful enterprise zone in the country attracting high quality jobs to the area. Jaguar Land Rover’s £1bn investment in a new engine plant at the site is creating in excess of 1,400 jobs.

The University of Wolverhampton produces a pool of 50,000 graduates every year and is ranked in the UK top 5 for graduate employability with 96% of students going onto employment or further study.

(Source: www.investwolverhampton.com).

The property has been measured by BKR Floor Plans and provides the following Net Internal floor areas:

A set of floor plans is available to download and the measured survey report will be re-addressed to a purchaser at a cost of £375 + VAT.

Vodafone Limited (Co. No. 01471587), has reported the following figures;

*Includes reorganisation expenses as a result of restructuring under a three-year programme.

The company added 385,000 mobile contract customers in the year, supported by its new range of commercial plans including speed-tiered ‘Vodafone Limited’ mobile data propositions and the 5G launch in July. The company also added 475,000 prepaid customers and 176,000 broadband customers. Adjusted EBITDA increased by 15.7% and the adjusted EBITDA margin increased to 23.1%.

The ultimate parent company is Vodafone Group Plc. For the year ending 2020 the Group’s revenue grew by 3.0% to €45.0 billion and adjusted EBITDA grew by 2.6% to €14.9 billion.

Vodafone is a leader in technology communications through mobile, fixed, broadband and TV. Since making the first mobile call in the UK in January 1985, Vodafone has grown into an international business and one of the most valuable brands in the world. The Group has mobile operations in 22 countries, partners with mobile networks in 42 more, and provides fixed broadband in 17 markets. As of 30 June 2020, Vodafone Group had approximately 300+ million mobile customers, 27 million fixed broadband customers and 22 million TV customers, including all of the customers in Vodafone’s joint ventures and associates (www.vodafone.com).

1. The property occupies a prime position in the city centre;

2. New 10 year lease from February 2019;

3. Securely let to Vodafone Ltd (Shareholders’ Funds £6,110 million);

4. VAT-free investment;

5. Freehold;

6. A purchase at the asking price reflects an attractive net initial yield;

7. Attractive lot size to an investor.