• Commercial Property Agents
  • 01902 425646

171 Stafford Street, Wolverhampton, WV1 1NA

Map Loading Or Not Available

Property Overview

Purchase Price: £225,000
Type: Investment Properties
Size: 350 sq. ft / 33 sq. mtrs
Tenure: For Sale
Description:

Detailed Information

Location

The premises occupy a prominent location within the city centre opposite the university and a short distance from the entertainment and shopping quarters.

Description

The three storey property comprises a ground floor retail premises currently let and trading as a barbershop with a self contained, 4 bedroom flat set over two floors, benefitting from gas central heating.

Accommodation

Ground Floor Shop  32.56 sq.m / 350 sq.ft

Store                      6.75 sq.m /  72 sq.ft

Flat

First Floor - large lounge / kitchen, bedroom, bathroom, separate W.C.

Second Floor - 3 bedrooms

Tenure

The shop is currently let for a term of 5 years from 1st July 2018 at £8,500 per annum.

The flat is currently vacant and could be let as a whole, on a room by room basis or there is potential to create two individual flats subject to obtaining the necessary consents.

Business Rates

Rateable value £6,500

EPC

Shop EPC = D - 87

Flat = D -66

Price

Offers in the region of £225,000 for the freehold interest subject to the current tenancy.

Viewing

Strictly by appointment with Michael Tromans & Co LLP

Subject to Contract

JS/SC Feb 19

© 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.