Leisure/hospitality for sale

Pipers Row, Wolverhampton WV1

Location
The property is located in a central position within Wolverhampton city centre

The bus and rail stations are in close proximity and a new Midland Metro tram stop is under construction and due to open shortly, positioning the property at the centre of the citys transport hub

Description
The property has traded for many years as a nightclub, arranged over two trading floors

The property is presently still fitted out as a nightclub with a variety of bars, lounges, dance floors etc

Nearby traders include a wide variety of shops and leisure uses, in addition to the university and the Grand Theatre

Accommodation
Approximate gross internal areas;

Ground Floor 6600 sq ft

First Floor 6600 sq ft

Basement 900 sq ft

Tenancy
The property is let to BEETs Club & Lounge Limited (with a guarantor), for term of 10 years from April 2024, at a rent of £55000pa, full repair (subject to schedule)

Sale Price
Offers in the region of £650,000
VAT

Will apply

Viewing
Strictly by arrangement with Michael Tromans & Co, tel Subject to contract, May 2024