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

£2,917 pcm
£35,000 pa

£10.82 per sq ft

Business rates & charges may apply

Creative Retail, Birmingham
SIZE AVAILABLE

3,235 sq ft

301 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent

Key features

  • A Prime City Centre Retail Oppurtunity
  • Prominent corner position directly opposite the entrances to both the Mander and Wulfrun Centre
  • Close proximity to Primark, Boots and Nationwide
  • 3235 sq. ft. (300.65 sq m) of first floor accommodation
  • Flexible lease terms

Description

Location

The property is located in the heart of Wolverhampton city centre, occupying a prime and prominent position on the pedestrianised Dudley Street, opposite The Wulfrun Centre. Surrounding occupiers include McDonald's, Holland & Barrett, 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 and Vision Express. The UK's first multi-million-pound Frasers store opened in the centre on 12th April 2021. The 60,000 sq. ft store, spanning three floors, is the first Frasers multi-brand store concept and houses the Frasers, Flannels and Sports Direct fascia's.

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.

A vibrant indoor and outdoor market operates in the city centre four days a week, plus Craft and Farmers Markets enhance Dudley Street every first Friday of the month.

The University of Wolverhampton produces a pool of 50,000 graduates every year and is ranked in the UK top 5 for graduate employability with 96% of students going onto employment or further study.

Description

A First floor, open plan retail accommodation with direct access from Dudley street.

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

A copy of the EPC is available upon request.

Legal Costs

Each party to be responsible for their own legal costs.

Brochures

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

Approximate location
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 567LH. 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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