From
£995,000
(£726.28/sq. ft)
Restaurant for sale499 Stafford Road, Wolverhampton, West Midlands WV10
From 1,370 - 8,051 sq. ft
Freehold
About this property
Excellent development opportunity STP
Fronts the busy A449 Stafford Rd
Total site area approximately 0.506 acres
Includes restaurant with first floor living accommodation
Restaurant NIA - c8,051 sq. Ft .
Right to use neighbouring car park for free
Estimated Rates Payable: £54667.5
Location
The premises front onto the busy A449 Stafford Rd, are situated at the junction of Marsh Lane, and lie 1 mile south of M54 J2 and 2 miles north of Wolverhampton city centre.
Description
The premises comprise of a large restaurant with first floor living accommodation that occupy a very prominent site measuring 0.506 acres. The premises offer a clear refurbishment/redevelopment/reconfiguration opportunity - subject to securing statutory consents.
Tenure Comments
The premises are available freehold at a guide price of £895,000.
EPC
The premises have an EPC rating of B (46). The certificate is available on request.
Planning
The property is sold with the right for the freeholder and its customers to use the adjoining car park without charge, granted under a 125-year lease dating back to 1966.
VAT
The property is not registered for VAT purposes.
Legal Costs
Each party to be responsible for their own legal costs. The purchaser is to contribute £750 + VAT towards to sellers' legal costs.
The premises front onto the busy A449 Stafford Rd, are situated at the junction of Marsh Lane, and lie 1 mile south of M54 J2 and 2 miles north of Wolverhampton city centre.
Description
The premises comprise of a large restaurant with first floor living accommodation that occupy a very prominent site measuring 0.506 acres. The premises offer a clear refurbishment/redevelopment/reconfiguration opportunity - subject to securing statutory consents.
Tenure Comments
The premises are available freehold at a guide price of £895,000.
EPC
The premises have an EPC rating of B (46). The certificate is available on request.
Planning
The property is sold with the right for the freeholder and its customers to use the adjoining car park without charge, granted under a 125-year lease dating back to 1966.
VAT
The property is not registered for VAT purposes.
Legal Costs
Each party to be responsible for their own legal costs. The purchaser is to contribute £750 + VAT towards to sellers' legal costs.
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