Withdrawn
- Retail Property (high street)
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Commercial Investment Producing £16,000 Per Annum
The property comprises a mid terrace building arranged to provide a ground floor restaurant with first floor ancillary accommodation.
Tenure
Freehold
Location
The property is situated Victoria Street close to local shops and amenities. Nearby multiples include Waterstones, Oxfam and McDonald's. The open spaces of West Park are within easy reach. Transport links are provided by Wolverhampton rail station.
Accommodation
Ground Floor Restaurant Area G.I.A. Approximately 1,515 sq ft First Floor Ancillary Accommodation WCs G.I.A. Approximately 1,060 sq ft
Tenancy
The property is subject to a lease for a term of 20 years commencing 2nd June 2023 at a rent of £16,000 per annum. Rent review in 2026 and every 5 years after.
Energy Efficiency Rating (EPC)
Current Rating C
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
