£39,500 pa

Restaurant to let

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Business

£39,500 pa

(£39,500.00/sq. ft. pa)

Restaurant to let

Chapel Ash, Wolverhampton WV3

1 sq. ft

Local area information

Property location

Nearby amenities

  • Nishkam Primary School Wolverhampton 0.3 miles
  • Broadmeadow Special School 0.3 miles
  • Wolverhampton 0.8 miles
  • Bilbrook 3.3 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

The metropolitan city of Wolverhampton has a population approaching 300,000 and stands on the edge of the West Midlands conurbation and was historically in South Staffordshire. It has a vibrant city centre which has been subject to much investment over recent years and now is a thoroughly modern city and venue.

Adile’s coffee is set in the densely populated heart of the community. The trading areas have been recently refurbished and provide excellently contemporary café and dining facilities throughout. It is a stylish premises, operating as a coffee and brunch bar. It could easily evolve to more a restaurant with the extension of trading hours, and obtaining a premises licence. It is well presented and offers a prospective purchaser a good return from its current established trade.
Tenure & price

Leasehold £39,500 to include goodwill and fixtures & fittings. Stock at valuation in addition.

The premises are held on a part repairing and insuring lease agreement from a local investment company for a term of 5 years commencing April 1 2023. The lease falls within the security provisions of the Landlord and Tenant Act 1954 and is fully assignable. Rent currently stands at £10,000 per annum paid quarterly in advance. The lease is free of all trade ties.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

Floor plans and tours

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Property descriptions and related information displayed on this page are marketing materials provided by - Sidney Phillips. 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 Sidney Phillips for full details and further information.

  1. Zoopla
  2. Commercial to let
  3. West Midlands
  4. Wolverhampton
  5. Wolverhampton City Centre
  6. Chapel Ash