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13 Lower Green, Tettenhall, Wolverhampton WV6 9AH

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Property Overview

Purchase Price: £185,000
Type: Retail & Leisure
Size: 861 sq. ft / 80 sq. mtrs
Tenure: For Sale
Description:

Detailed Information

Location

The property is located on Lower Green, close to its junction with Lower Street and a short distance from the A41 Tettenhall Road, a main arterial route linking the west of Wolverhampton with the city centre. The property overlooks the picturesque Lower Green and the surrounding area is predominantly residential. The village of Tettenhall is a short walk where a variety of local and national retailers can be found and Wolverhampton is approximatley 1.5 miles to the east. 

Description

The two storey end of terrace property is of brick construction surmounted by a pitched tiled roof with a later single storey extension to the rear with flat roof and feature roof lantern. The property has for a number of years been used for commercial purposes and most latterly as a retail premises comprising ground floor retail area, secondary retail area / storage area, two first floor offices, small kitchen and W.C. facilities. The property benefits from a number of period features and also includes a basement area and gas central heating. The property is currently occupied however, it does lend itself for continued commercial use or conversion to residential subject to obtaining the necessary consents.

Accommodation

The property has been measured on a net internal basis, all areas are approximate.

Retail Area  309sq.ft  28.71sq.m

Rear Area   296sq.ft  27.41sq.m

First Floor

Office 1      112sq.ft  10.44sq.m

Office 2      144sq.ft  13.38sq.m

Kitchen        25sq.ft    2.25sq.m

Basement - Not Measured

Total Area 886sq.ft  82.19sq.m

Tenure

The tenant is trading as a bridal shop and currently holding over on a full repairing and insuring lease from 2010 at an annual rent of £8,500 per annum exclusive.

Price

£185,000 subject to the current tenancy.

Business Rates

Rateable Value £7,800

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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.