12 Broad Street, Wolverhampton, West Midlands, WV1 1HP
Property Overview
| Purchase Price: | £300,000 |
|---|---|
| Type: | Retail & Leisure |
| Size: | 1,669 sq. ft / 155 sq. mtrs |
| Tenure: | For Sale |
| Description: | *Tenanted investment premises *£20,000 income |
Detailed Information
Location
The property is located in a busy location with good evening trade within Wolverhampton city centre.
Description
Tenanted investment premises, subject to an existing tenancy.
Accommodation
(All areas are approximate)
Ground Floor:
570 sq.ft/ 53 sq.m
Basement:
299 sq.ft/ 28 sq.m
First Floor:
400 sq.ft/ 37 sq.m
Second Floor:
400 sq.ft/ 37 sq.m
Tenure
The property is being sold freehold subject to the existing tenancy.
The current tenant holds a lease for a term of 10 years from 1st October 2024 at a rent of £20,000 per annum exclusive.
Total income: £20,000 per annum exclusive
Price
Offers based on £300,000 for the freehold.
VAT
Does not currently apply.
Business Rates
Rateable Value: £7,000.00
Interested parties are advised to make their own enquiries with the local rating authority to verify the above.
EPC
B-48
Viewing
By arrangement with the agents:
Michael Tromans & Co
Tel: (01902) 425646
Email: tromansandco@aol.com
Subject To Contract
SC/110326
