Dog & Doublet, North Street, Wolverhampton, WV1 1RE

Description
The Property comprises a three storey mid terraced building of brick construction.

To the rear is a small decked area for 15 customers.

Location
The Property is located in Wolverhampton, a city and Metropolitan Borough in the West Midlands. Wolverhampton is situated off the M54 and M6 motorways,
14 miles north west of Birmingham.

The Dog & Doublet is situated fronting North Street in the city centre. The immediate locality is commercial in nature with surrounding leisure and late night venues. To the nearby Queen Square is the Mander Centre shopping centre.

Accommodation
Open plan ground floor trading area with single bar servery. Fixed booth seating with exposed brick walls and timber flooring. First floor storage and office. Three bed living accommodation to the second floor. Beer cellar and stores to the basement.

Tenure
The property is held freehold (Title Number SF49970).

Tenancy
The entire Property is let on a 20 year lease to Kipsies Bar & Live Music Venues Ltd from 6 March 2025 at a current rent of £30,000 per annum which is subject to five yearly open market reviews and annual uncapped RPI. A rent deposit of £3,024 is held by the landlord.

Planning
Our enquiries of the local authority have revealed that the Property is not listed and is within a Conservation Area.

VAT
It is envisaged that the Property will be sold as a TOGC so the transaction should therefore be exempt from VAT.

EPC
C-74

Terms
We are instructed to invite offers in excess of £330,000 (8.8% NIY) assuming the usual purchasers costs.

Fixtures & Fittings
The fixtures and fittings are currently owned by the occupational tenant.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.

Similar Investments Opportunities
If you have an ongoing requirement for similar investment opportunities then please visit the following website for a selection of properties we are currently marketing:

Viewings
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.

For further information and all viewing requests please contact the sole selling agents Savills.