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Bridge Street, Walsall, West Midlands, WS1

Guide Price
£75,000

£8.28 per sq ft

Business rates & charges may apply

Bond Wolfe, Commercial Sales
SIZE AVAILABLE

9,060 sq ft

842 sq m

SECTOR

Bar / nightclub for sale

Key features

  • Substantial ground floor unit on main leisure circuit.
  • Refurbished to a very high standard.
  • Prominent Town Centre Location.
  • 9,060 sq. ft (842 sq. m).
  • Huge scope for trade uplift.

Description

DESCRIPTION
The property comprises a substantial ground floor property currently trading as Suede nightclub and bar in Walsall town centre. The property has undergone a major and expensive refurbishment to now incorporate quality fixtures and fittings throughout. State of the art sound systems have been installed as well as a new modern bar and booth seating throughout.
Extending to 9,060 square feet , the property comprises a main bar area with access through to a dance floor, stage, booth seating and further bar. The property benefits from two separate entrances that serve the bar and then the nightclub area later on.
Mood lighting is in evidence throughout along with hardwood floors. There is ample ancillary space include managers office, storerooms and staff and customer WC's.
This superb opportunity is ready for an operator to trade from day one .

BUSINESS RATES
We have been advised that the current rating assessment is:
Rateable value : £ 60,000
We recommend that interested parties should make their own enquiries with the local authority.

TENURE
Leasehold .The property is held on the remainder of a 15 year lease from 2017, with 5 yearly options to break, and a passing rent of £70,000 per annum.

LOCATION
The property occupies a prominent mid parade position along Bridge Street, located in the heart of Walsall town centre, with all local amenities and public transport being within a short walk.

PLANNING
The property currently benefits from A4 planning consent and all enquiries regarding other potential uses can be made to Walsall Metropolitan Borough Council on: .

VAT
We have been advised that the property is not elected for VAT.

PREMIUM
offers are invited on £75,000 for the goodwill, fixtures and fittings.

MONEY LAUNDERING
In accordance with Anti-Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful tenant.

Bridge Street, Walsall, West Midlands, WS1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Walsall Station0.3 miles
  • Bescot Stadium Station1.7 miles
  • Tame Bridge Parkway Station2.3 miles

About Bond Wolfe, Commercial Sales

1st Floor 75-77 Colmore Row Birmingham B3 2AP

Bond Wolfe, Commercial Sales

Bond Wolfe is a multi-disciplined property business specialising in property Auctions and property Agency with our head office based in Birmingham. Many of our highly experienced and dedicated team have been with the business for over 30 years.

We are truly proud of our Midlands roots and honoured to have represented the region since 1983. We also act for many clients across the UK and overseas too. Bond Wolfe has a great track record of selling, letting and managing property up and dow

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Notes

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Disclaimer - Property reference 4_5_Bridge_House. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bond Wolfe, Commercial Sales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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