North Street Bar, North Street, Wolverhampton

£400,000

Size

1,500 - 6,720

Tenure

Freehold

EPC

Parking

Ask agent

Primary use
Bar or nightclub

No floor / site plan

Key features

  • Investment opportunity

Description

Detailed Information
Location
The property lies at the junction of North Street and Blossoms Fold in the heart of Wolverhampton City Centre, lying just off Darlington Street.

North Street is adjacent to the Wolverhampton Civic Hall, the City's Council Offices, Magistrates Court and St Peter's Church and Gardens.

The City's main retail and office core are very close by and the University Campus and Molineux Stadium lies just to the other side of the Ring Road

Whilst most recently branded as the North Street Social, the venue was historically known as the Little Civic.

Description
An attractive three storey red brick corner property constructed in 1874. It is currently configured to provid an open plan trading area on the ground floor with a central bar and range of fixed seating. To the rear is an open fronted trade kitchen.

At first floor level is a further trading area, which has boarded floors and walls, seating booths, stage area, DJ console and its own bar servery. Both floors have customer WCs.

On the second floor there is a spacious accommodation which has in the past been used as living quarters, but is currently used for offices and storage.

Accommodation
Approximate internal areas

Cellar 1500 sq.ft

Ground Floor 2400 sq.ft

First Floor 1560 sq.ft

Second Floor 1260 sq.ft

TOTAL: 6720 sq.ft

Tenure
The property is available for £400,000 Freehold

Subject to a lease for 10 years with effect from 16th July 2021 at an initial rent of £35,000 per annum. There is provision for rent review on 16th July 2026 and every 5 years.

EPC Rating
C

VAT
Not elected/ VAT does not currently apply

Viewing
Viewing by arrangement with the agents:

Michael Tromans & Co LLP





Subject to Contract
JS/SC/02/26
Additional information
Service charge
Ask agent
Business rates
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Use class
Sui Generis
Year built
1874
Listed building
No
Floors in building
3
Business for sale
No
Energy performance certificate: C

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

North Street Bar, North Street, Wolverhampton

NEAREST STATIONS

London Tram

Wolverhampton St George's Tram Stop

0.26 miles

National Rail

Wolverhampton Station

0.42 miles

London Tram

The Royal Tram Stop

0.6 miles

About Michael Tromans & Co, Wolverhampton

Michael Tromans & Co, Wolverhampton

Established in 1966, Michael Tromans & Co have been providing commercial property services to private and corporate clients throughout the Midlands.

We offer a range of services to both Landlords and Tenants to include Agency, Asset Management, Landlord and Tenant, Investment, Valuation and Professional Services, Rating and Compensation Advice and Property Management.

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Disclaimer - Property reference 7NorthStreet. 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 Michael Tromans & Co, Wolverhampton. 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.