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25-26 Dudley Street, Wolverhampton, West Midlands, WV1 3EY

From
£10,417 pcm
£125,000 pa

£65.89 per sq ft

Business rates & charges may apply

Creative Retail, Birmingham
SIZE AVAILABLE

1,897-3,409 sq ft

176-317 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent

Key features

  • PRIME CITY CENTRE RETAIL SPACE

Description

Location

Wolverhampton is situated in the West Midlands and is approximately 24 km (15 miles) northwest of Birmingham, 11 km (7 miles) west of Walsall and 29 km (18 miles) southeast of Telford. The city has a population of approximately 260,000 and is one of the top ten growing economies in the UK.

The property is located in the heart of the city centre, occupying a prime and prominent position on the pedestrianised Dudley Street, opposite The Wulfrun Centre. Surrounding occupiers include McDonald's, Holland & Barrett, Wilko, Nationwide, Carphone Warehouse and Boots. The Mander Shopping Centre is immediately to the south. Comprising approximately 440,000 sq. ft, occupiers include B&M, Greggs, JD Sports, Sports Direct, Ryman, Superdrug, Vision Express and Wilko. The UK's first multi-million-pound Frasers store opened in the centre on 12th April 2021.

The Wulfrun Shopping Centre is adjacent to the Mander Centre and is a single storey enclosed centre totalling approximately 200,000 sq. ft with 570 car parking spaces. Anchored by Primark, other retailers include Iceland, Peacocks, Peacocks, Specsavers, Burger King and Virgin Media.


Description

A substantial purpose-built corner unit with return frontage and extending to approximately 9,418 square feet (875.28 sq m). The unit has an attractive and unique exterior with floor to ceiling glass frontages. Internally, the retail floor area has been fitted out by the tenant to their usual corporate style and is predominantly open plan with ancillary areas. The accommodation extends over basement, ground and first floors.

Tenure Comments

The premises are available by way of a new effectively full repairing and insuring lease for a term of years to be agreed.

EPC

An EPC rating of B (31).
A copy of the EPC is available upon request.

Legal Costs

Each party to be responsible for their own legal costs.

Brochures

25-26 Dudley Street, Wolverhampton, West Midlands, WV1 3EY

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wolverhampton St George's Tram Stop0.1 miles
  • Wolverhampton Station0.3 miles
  • The Royal Tram Stop0.4 miles

About Creative Retail, Birmingham

51 Regent Parade, Birmingham, B1 3NS

Commercial Retail Property Consultants

Creative Retail are a Birmingham-based retail and leisure property practice.

We specialise in the Midlands Retail & Leisure property markets ? including High Streets, Shopping Centres, Leisure Schemes and Out of Town Retail Warehousing.

Passionate about Retail and Leisure; we provide a modern, professional, and dynamic service to our clients.

Commercial Property Agency

We pride ourselves on offering clients specific, accurate and targeted advice in a constantly evolving industry and market.

Our agency services include:

. Lettings

. Acquisitions & Disposals

. Development & Site Finding

. Investment strategy

. Asset Management

Commercial Property Development In what is becoming an increasingly competitive sector, Creative Retail are able to offer guidance on all stages of the retail development process from initial appraisals and site sourcing through to pre-let tenancy agreements and exit strategy.

We work closely with private sector developers and investors and our in-depth knowledge of retailer requirements combined with our considerable experience with property transactions means that we are able to offer our clients an unparalleled service and a 360º appreciation of the workings behind the development process.

Commercial Property Investments

Detailed and up-to-the-minute knowledge has never been more important when formulating investment strategies for Retail and Leisure Property. The pace of change in the sector is ever increasing and strategies that worked just months ago may need adapting to extract best value and maintain exposure to risk.

When advising our clients on their investments, we report on a broad range of factors beyond the fundamentals of covenant, lease terms and physicality of asset. These include:

. Occupiers changing requirements and business models

. Tenants trading strength

. Existing competition and proposed new occupiers and schemes in the locality

. Inward investment into specific areas from regional funding, private equity and government initiative.

We achieve this by leveraging the connections and relationships we have formed working exclusively in the retail and leisure sector.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 426LH. 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 Creative Retail, Birmingham. 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.

Map data ©OpenStreetMap contributors.

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