Retail premises for sale

Broad Street, Wolverhampton WV1

Detailed Information
Location
The property is located in Wolverhampton city centre in the University and leisure quarter and a short distance from the bus and train stations.

Description
The property comprises a ground floor shop currently trading as a hot food takeaway together with separately accessed upper floors that have been converted to residential accomodation.

The residential accommodation comprises of five bedrooms with multi-occupancy.

The property is being sold as a fully let investment property with the tenant in occupation, the lease summary and rental income details are below.

Accommodation
(Approximate internal areas)

Ground Floor Shop:

Shop 435ft²

Kitchen 186ft²

First Floor Residential:

Stores 495ft²

Second Floor Residential:

Total 425ft²

Lease summary
Tenant: Sunner Sangha Foods Ltd

Rent: £18,000 per annum exclusive.

Lease Term: 15 Year lease term from 8/8/2021

Repairs: Fully repairing and insuring terms

Rent Review: No rent review

Total Rental Income
£18,000 per annum exclusive.

Purchase Price
£275,000 exclusive
VAT

May apply.
EPC

D - (79)

Business Rates
Rateable Value: £7,700.00

Subject to Contract
Viewing strictly by appointment with Michael Tromans & Co llp

10/1/2025