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Wolverhampton office block with residential potential on the market

Wolverhampton office block with residential potential on the market

18 July 2017

Telecom House, a self-contained office building on Church Street in Wolverhampton has been put up for sale by Telereal Trillium. It is being marketed by Harris Lamb.

The building, which was formerly occupied by BT comprises a six-storey brick built office building arranged in two distinct wings with approximately 70 car parking spaces fronting the prominent (A4150) Ring Road St Johns. The 84,876 sq ft property comes with plans approved for apartments under permitted development rights.

Tom Morley, Director at Harris Lamb said that the opportunity was the largest office disposal within the city in years: “This property has a massive amount of potential. It fronts the Ring Road St Johns in Wolverhampton City Centre, placing it within easy walking distance of the centre’s leisure and retail offering, and with immediate access to all major routes.

“The six-story building, which is serviced by three lifts, is suited to a number of uses and a change to residential use is allowed under permitted development rights – an application has been approved for 47 one-bedroom and 53 two-bed apartments.”

“The project will provide an affordable, high quality residential option to those wanting to live in the City Centre. With the Wolverhampton University campus being just half a mile away, there is also potential to convert the building to student accommodation.

Even at this early stage there has been a great deal of interest in the building and its future, which is an excellent indication of the response we can expect upon completion of the scheme.”

A spokesperson for Telereal Trillium said: "With BT vacating the offices at Church Street this summer we have secured planning permission for a change of use to residential in order to maximise the future possibilities for the building, ensuring it is not left vacant.

Such a development would further bring an array of construction jobs and provide good quality new accommodation for people wishing to live in Wolverhampton City Centre."

Harris Lamb are marketing the building on behalf of Telereal Trillium. Interested parties should contact thomas.morley@harrislamb.com, or on 0121 455 9455.