£275,000

Retail premises for sale

  1. Property photo 1 of 1.

£275,000

(£178.46/sq. ft)

Retail premises for sale

Broad Street, Wolverhampton WV1

1,541 sq. ft

Local area information

Property location

Nearby amenities

  • Wolverhampton 0.3 miles
  • Broadmeadow Special School 0.4 miles
  • Woden Primary School 0.6 miles
  • Coseley 3.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Wolverhampton to find out more about the local area.

Features and description

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

Floor plans and tours

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Property descriptions and related information displayed on this page are marketing materials provided by - Michael Tromans and Co. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Michael Tromans and Co for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. Wolverhampton
  5. Wolverhampton City Centre
  6. Broad Street