Bar / Nightclub for sale

Bridge Street, Walsall, West Midlands, WS1

Guide Price £75,000
9,060 sq. ft.

Property Description

Commercial information

  • 9,060 sq ft (841 sq m)

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.

Full description

Tenure: Leasehold

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: 01922 425 600.

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.


More information from this agent

Nearest stations

  • Walsall (0.3 mi)
  • Bescot Stadium (1.7 mi)
  • Tame Bridge Parkway (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bond Wolfe, West Bromwich

8th Floor West Plaza, 144 High Street, West Bromwich, B70 6JJ

0121 396 0838 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Walsall (0.3 mi)
  • Bescot Stadium (1.7 mi)
  • Tame Bridge Parkway (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bond Wolfe, West Bromwich

8th Floor West Plaza, 144 High Street, West Bromwich, B70 6JJ

0121 396 0838 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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