• Commercial Property Agents
  • 01902 425646

10 Broad Street, Wolverhampton, WV1 1HP

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Property Overview

Purchase Price: £299,000
Type: Investment Properties
Tenure: For Sale
Description:

* Investment Premises

* Tenanted shop, ground floor

* Two tenanted flats, over first and second floors

Detailed Information

Location

The property is located close to Princes square which is the heart of the entertainment quarter of the City Centre.

Description

The property has been fully refurbished as part of a recent redevelopment.

Accomodation

(Areas are approximate)

Shop - let at £9,000 pax, 7 year lease from April 2021, 12 month break option, rent review at third year

Shop Area 437 ft² 41 m²

Kitchen 106 ft² 10 m²

Basement 340 ft² 32 m²

WC’s

Flat 1

1 Bed Flat - let at £395 pcm

Flat 2

1 Bed Flat - let at £395 pcm

 

NB - There is further space at ground floor which has potential to be converted to a further flat

Price

£299,000

Business Rates

Rateable Value £11,750.00

Flats: Council Tax Band A

Interested parties are advised to make their own enquiries with the local rating authority to verify the above.

VAT

Will be charged as appropriate.

Legal Costs

A contribution towards landlords legal costs may be required along with a deposit to cover abortive costs should the transaction fail to complete.

EPC

TBA

Viewing

By arrangement with the agents

Michael Tromans & Co

Tel: (01902) 425646

© 2020 Michael Tromans & Co. | Web Design by Nutcracker

Michael Tromans & Co is the trading name of Michael Tromans & Co LLP. Michael Tromans & Co LLP is a Limited Liability Partnership registered in England and Wales.
Registered Office: 6 Waterloo Rd, Wolverhampton, West Midlands WV1 4BL. Registered No. OC358112.

MISREPRESENTATION ACT 1967: Michael Tromans & Co. for itself and for the vendors or lessors of this property whose agents they are given notice that the particulars are a general outline only for the guidance of intending purchasers or lessees, and do not constitute an offer of contract. All descriptions and any other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them. No employee of Michael Tromans & Co. has any authority to make or give any representation or warranty whatever in relation to this property.