Let in Wolverhampton, WV10
| Reference | 21180 |
| Address |
Heath town Club and Banqueting,Site, Wolverhampton,wv10oau (Map Location) |
| Beds | 0 |
| Baths | 0 |
| Type | |
| Tenancy | Negotiable |
Substantial licensed property. Close to Wolverhampton City centre. Three self-contained rooms with bars, first floor function room seats 400.Large car park. Ready to trade .Will consider other trades/ splitting unit up.
Description
The Property.
This property has come to market following landlords wishes to carry on with other businesses.
The site offers a great opportunity for a multiple of uses.
The property is situated in a prominent corner on Woden Road, which leads directly of the A4124 Wolverhampton Road, approximately 1 mile east of Wolverhampton City Centre.
The property enjoys excellent links to major road networks via the M6 motorway which lies 2 miles east of the property,
The surrounding area is predominantly mixed residential and commercial whilst the property benefits from substantial car park to the side and rear.
This area is currently undergoing substantial regeneration and new houses are currently been built.
Description
The property consists of a substantial two storey building of brick construction with a single storey extension to the rear.
Property has three internal trading areas all with their own wc’s ,bars and entrances.
Downstairs
Downstairs we currently have two self contained trading units.
Lounge The current capacity of this room is 60 persons but can quite easily be increased to 100.It has it own bar and wc’s.
Bar
This impressive room is ready to trade.Please view drawings which will show a section of this room that will be annexed to allow this exceptional rental.
Once again it has its own bar and wc’s.
The ground floor also have surplus storage rooms to the rear of the building which once again can be utilised for other uses.
First Floor Function room (400).
This dated room which with a bit of tlc can really be optimised.
The property is ready to be reinstated as a bar/function/banqueting or similar operation.
This room will currently hold 400 persons( but can be increased with modifications).
It has its own bar and wc’s.
The property offer substantial opportunity to capture the local Function Room market along with scope and room to diversify.
The owners will consider non license activities.
Premise License
The property benefits from a premise license with permitted hours from 8 am to 1 pm Monday to Sunday inclusive.
Services
The property benefits from a three phase electricity supply. There is also a alarm system, with Police response.
The property has no gas or heating system.
Business Rates
The tenant will be responsible for payment of business rates to Wolverhampton City council. The rateable value of the property is understood to be £31,250. Interested parties should make their own enquiries with Wolverhampton City council to confirm the accuracy of this information.
Please note this is currently been discussed with Rates.
Rental / Term
We are pleased to offer the premises at the highly competitive rental of
Whole building ( excluding Annexed section on drawing)£1416 per month. (17,000 pa) plus rates etc.
Single floor £1085 per month.(Excluding annexed section on drawings)
In addition to above a rental payment of £100 per month will have to be made to Wolverhampton City council for rent of carpark.
VAT will not be payable on the rental. The property is offered by way of flexible new lease on a full repairing and insuring basis.
The rental and lease terms are all flexible and open to negotiations.
If property is split tenant to pay all costs involved in splitting up.
We will give discounts for Charitable organisations who are from a firm background and willing to improve the facilities for the local residents.
Any organisation considering use for place of worship etc please enquire.
Landlord will require following
Rental deposit of six months Rent and ¼ Rent in advance.
A non refunable payment for landlords solicitors cost of £1500 will be payable before any legal work is commenced.
Credit ref and 2 guarantors will also be required per applicant.
Landlord will consider other uses.
Landlord will allow alterations following consultation.
The property is ideally suited for a variety of other uses. However please make your own enquires with Wolverhampton City Planning.
Place of Religion,
Convenience Store,
Hot food outlet,
Converted Residential uses.
Nursery.