Hanover House, George Street, Wolverhampton

£975,000

Size

6,360

Tenure

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EPC

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Parking

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Primary use
Mixed use
Other use(s)
Traditional office, Residential development

No floor / site plan

Key features

  • Period building in a historic area of Wolverhampton City Centre
  • Suitable for a variety of uses Subject to planning
  • Mixed use accommodation over two floors totaling 6,360ft2 (591m2)
  • Two self-contained office suites on ground floor
  • Eight self-contained apartments on upper floors
  • Fully let, income generating

Description

LOCATION
The site is located within Wolverhampton City Centre, within walking distance of the main shopping areas of the Mander Centre, Wulfurn Centre and Dudley Street.
Located off St Johns Square it is well placed for Central Wolverhampton and rail and tram links to Birmingham. Wolverhampton Train Station is approximately 0.7 miles, Wolverhampton St Georges Tram stop is approximately 0.3miles from the site.

DESCRIPTION

Hanover House is a Grade 2 listed building converted from a former Convent.

The building is part Georgian style and part English Gothic containing characterful internal spaces and historic detail. The building provides two commercial office suites at Ground floor and eight apartments on the upper two floors.

ACCOMMODATION

DESCRIPTION M² / Ft²
GROUND FLOOR
Office Suite 1 155 / 1668
Office Suite 2 64 / 689
TOTAL 214 / 2357
FIRST FLOOR
Flat 1 60 / 646
Flat 2 34 / 366
Flat 3 63 / 678
Flat 4 33 / 355
TOTAL 190 / 2045
SECOND FLOOR
Flat 5 60 / 646
Flat 6 32 / 344
Flat 7 58 / 624
Flat 8 32 / 344
TOTAL 182 / 1958
TOTAL 591 / 6360

RATEABLE VALUE

The Rateable Value for office suite 1 is understood to be £9,200 and office suite £13,250. The flats are all understood to be Council Tax Band A. The occupiers are responsible for paying Business Rates and Council Tax.

TENURE

The property is freehold and will be sold subject to the existing occupations. Fully income generating. Net annual income in the region of £82,735.

VAT

We understand that the Landlord has not elected to waive the VAT exemption and therefore VAT will not be charged on the sale price.

ENERGY PERFORMANCE CERTIFICATE

Energy Performance Asset Rating is 202/G valid until 6th February 2030.

ASKING PRICE

Offers are invited in the region of £975,000 for the freehold interest with vacant possession.

LEGAL COSTS

Each party to be responsible for their own legal costs.

VIEWINGS

Viewing by appointment only. All enquires to First City the ’Property Consultancy’ on quoting reference 5476. Ask for Christopher Bywater or Chontell Buchanan .
Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Energy performance certificate: Ask agent

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

Read more about EPC requirements

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

Hanover House, George Street, Wolverhampton

NEAREST STATIONS

London Tram

Wolverhampton St George's Tram Stop

0.22 miles

London Tram

The Royal Tram Stop

0.37 miles

National Rail

Wolverhampton Station

0.51 miles

About First City Limited, Wolverhampton

First City Limited, Wolverhampton

We bring a unique mix of experience and professional skills to the task together with the imagination and foresight to see opportunities and potential where others see only problems.

Fundamental to any successful organisation is its people. We pride ourselves on having a group of professional, highly motivated and experienced staff. It’s a team that’s flexible in its approach and focused on finding innovative ways to deliver added value for our clients.

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Disclaimer - Property reference 5476. 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 First City Limited, 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.