£315,000

Retail premises for sale

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£315,000

(£103.01/sq. ft)

Retail premises for sale

Darlington Street, Wolverhampton WV1

3,058 sq. ft

Local area information

Property location

Nearby amenities

  • Broadmeadow Special School 0.4 miles
  • Nishkam Primary School Wolverhampton 0.5 miles
  • Wolverhampton 0.5 miles
  • Coseley 3.4 miles

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

Features and description

Detailed Information
Location
The property is located on Darlington Street in Wolverhampton City Centre, close to the Mander Centre, The Halls (music venue) and numerous local and national retailers. Nearby operators include Rudells, Post Office and Pertemps.

Description
The property comprises a mid terrace, three storey premises of brick construction, surmounted by a pitched tiled roof. The ground floor consists of a double fronted retail premises (currently trading as a hairdressers) with return frontage onto Blossoms Fold. The shop benefits from a large basement area and two first floor offices and W.C. Facilities, to the rear is a small yard area with access from Blossoms Fold.

A self contained side entrance off Blossoms Fold leads to the first and second floors which currently trade as an electrolysis and beauty centre with 3 large rooms on the first floor and 5 on the second to include W.C. Facilities.

Accommodation
Ground Floor 1,018sq.ft 94.58sq.m

First Floor 1,220sq.ft 113.41sq.m

Second Floor 820sq.ft 76.20sq.m

Basement (not measured)

All measurements on a net internal basis

Tenure
We understand the property to be freehold.

Tenancies

The ground floor, basement and part first floor is currently occupied by Lisa Milner but, they have given Notice to Vacate in December 2023

The first and second floors are let to The Electrolysis Centre for a term expiring on 1st July 2025 at a current passing rent of £11,150 per annum, exclusive.

The Electrolysis Centre have been allowed to sub let one first floor room to Inky g's Tattoos.

Price
Offers in the region of £315,000 for the freehold interest subject to the current tenancies.
EPC

To be assessed
VAT

VAT will be charged where appropriate.

Viewing
Strictly by appointment with the agents Michael Tromans & Co llp

Tel Subject to Contract

Floor plans and tours

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

More information

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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. Darlington Street

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