39 Queen Square, Wolverhampton
Size
2,951
Tenure
Freehold
EPC
Parking
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- Primary use
- Other
No floor / site plan
Building amenities
Additional costs may apply for some services – please check the full property description for more details.
- Transport links
- Well connected
Key features
- Prominent city centre bank investment
- Let to State Bank of India (UK) Ltd, in occupation since 2010
- Lease Term of 15 years (with tenant break) from 10 March 2026
- Initial rent of £35,000 per annum exclusive
- Prominent city centre location with local occupiers including Natwest Bank, Barclays Bank, Costa Coffee, HSBC, Wetherspoons
- Potential future development opportunity of upper floors (STP)
- Offers invited around £600,000
Description
Queen Square is predominantly pedestrianised whilst also serving as a public transport route connecting to the city centre bus, Metro and rail stations. Other occupiers in the vicinity include many national covenants such as Natwest, Barclays Bank, HSBC, Costa Coffee, Wetherspoons, etc.
Wolverhampton city centre has benefitted from extensive publicly funded development projects in recent years including, the new public transport stations, and upgrading of central road network, with further significant developments being progressed.
The property comprises an attractive four storey building (plus cellar) traditionally built of brick, with stone mullion windows and being flush fronted to the pavement with recessed entrance.
The whole building is let under a single lease to State Bank of India (UK) Ltd which has been trading out of the premises since 2010, with this lease having been lately renewed to provide a substantial Property Investment opportunity. With the lease extending to the whole property, the Bank is only occupying the ground and part of the first floor, resulting in the upper floors offering development/conversion opportunities in the future, subject to planning, and subject to the tenants agreement.
- Service charge
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- Business rates
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- Use class
- E
- Listed building
- No
- Floors in building
- 4
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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Brochure
39 Queen Square, Wolverhampton
About Towler Shaw Roberts, Wolverhampton
Since 1991, TSR have been providing expert professional advice on Commercial Property matters with the remit of adding value to our individual clients business. With three strategically located offices in Shropshire and the West Midlands TSR's in depth knowledge of the local markets conditions has led to our coverage extending beyond our typical coverage of Wales, the West Midlands, Shropshire and Staffordshire.
As a progressive and proactive firm, we offer a holistic range of services that encompass the breadth of our clients' needs and include Asset Management, Agency, Landlord and Tenant, Investment, Valuation and Professional Services, Rating and Compensation Advice, Dilapidations and Property Management.
With Clients ranging from private individuals to national Corporates, TSR offer each client the same level of service with clear, professional and consistent advice on all property matters.
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Disclaimer - Property reference 39QueenSq. 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 Towler Shaw Roberts, 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.