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112 Spring Road, Wolverhampton, WV4 6JT

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Property Overview

Purchase Price: £270,000
Type: Retail & Leisure
Tenure: For Sale
Description:

Detailed Information

Location

The premises are located on Spring Road which connects the A4123 Birmingham New Road and the A41 Bilston Road, approximately 2 miles south east of Wolverhampton City Centre. The immediate surrounding area is predominantly industrial with a number of local and national operators to include Great Bear Distribution and Pallet Track which, is well served by a large residential catchment.

Description

The property comprises a former public house known as the Forge Hammer and has traded successfully for a number of years as a cafe well known locally as Sam-An-Ellas serving the local industrial estates. Internally the property comprises a lounge area with open fire, large, fully fitted kitchen, rear dining area, store off and male and female W.C. facilities. The first floor is currently vacant but, was originally living quarters offering kitchen, living room, 3 bedrooms, bathroom and separate W.C. In addition there is a cellar (not inspected) and to the side of the premises a large open yard area providing ample parking for customers.

The premises are being sold to include the current business, fixtures and fittings which, offers tremendous scope for expansion and to increase trading hours to capitalise on the nearby industires and distribution hubs of which some are trading 24/7. The premises also lends itself to a variety of uses or even development subject to obtaining the necessary consents.

Accommodation

Ground Floor 93.62sq.m  1,007sq.ft

First Floor     3 bedroom apartment (Requiring substantial refurbishment)

Tenure

The property is freehold and being sold with vacant possession.

Price

£270,000 which includes the current trading business, fixtures and fittings.

EPC

To be assessed.

VAT

VAT is not applicable on this transaction.

Viewing

Strictly via the sole selling agents Michael Tromans & Co LLP

01902 425 646

Subject to Contract

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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.