Restaurant/cafe to let in Queen Square, Wolverhampton WV1
£35,000 pa (£11.47/sq. ft. pa)
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Call +44 1902 914873 *
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The property occupies a prominent corner position in Queen Square in the heart of Wolverhampton City Centre. Until recently it has been occupied by Nationwide and is located alongside a number of banking organisations to include Barclays, hsbc, Natwest and Lloyds. Other traders comprise a mix of local and national operators providing retail and leisure facilities.
The art gallery is only a short distance away as is the well renowned Grand Theatre and the main retail core and Mander Centre which, is undergoing a £25 million refurbishment to include a new 90,000 Debenhams.
The property comprises a five storey premises with a large retail display fronting Queen Square and also return frontage onto Lich Gates. The ground floor is largely open plan with an entrance onto Queen Square and disabled entrance off Lich Gates. Stairs off lead to the first floor which again is largely open plan with excellent views over Queen Square and down Dudley Street, in addition is a staff room and male and female W.C. Facilities. A further staircase leads to the second floor, again with a large landing / store area and two further meeting / store rooms. There is a small basement and the attic comprises a fourth floor. The 2nd and 3rd floors would lend themselves to conversion to residential accommodation subject to obtaining the necessary consents and indicative plans are available for this upon request.
The property now benefits from A3 planning consent for use as a restaurant and cafe under application reference 18/00496/ful.
(all areas approximate and measured on a net internal basis)
Ground Floor - 133.9 6sq.m / 1,441
First Floor - 85.76 sq.m / 973
Second Floor - 59.4 sq.m / 638
Attic & Basement - Not measured
£35,000 per annum, exclusive
A new lease is to be offered on a full repairing and insuring basis.
VAT will be applicable
Rateable Value £52,000
By arrangement with the agents:
Michael Tromans & Co llp Subject to Contract
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Michael Tromans and Co, and do not constitute property particulars. Please contact Michael Tromans and Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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