• Commercial Property Agents
  • 01902 425646

1 Broad Street, Wolverhampton WV1 1JA

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Property Overview

Purchase Price: £275,000
Type: Investment Properties
Size: 1,541 sq. ft / 143 sq. mtrs
Tenure: For Sale
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)

Subject to Contract

Viewing strictly by appointment with Michael Tromans & Co LLP

01902 425646

tromansandco@aol.com

10/1/2025

© 2020 Michael Tromans & Co. | Web Design by Nutcracker

Michael Tromans & Co is the trading name of Michael Tromans & Co LLP. Michael Tromans & Co LLP is a Limited Liability Partnership registered in England and Wales.
Registered Office: 6 Waterloo Rd, Wolverhampton, West Midlands WV1 4BL. Registered No. OC358112.

MISREPRESENTATION ACT 1967: Michael Tromans & Co. for itself and for the vendors or lessors of this property whose agents they are given notice that the particulars are a general outline only for the guidance of intending purchasers or lessees, and do not constitute an offer of contract. All descriptions and any other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them. No employee of Michael Tromans & Co. has any authority to make or give any representation or warranty whatever in relation to this property.