14 Bond Street, Wolverhampton, West Midlands, WV2 4AS

Freehold Refurbished Mixed use Opportunity

Property details

Type Leisure / Mixed Use
Tenure Freehold - with vacant possession.
Price Offers in excess of £600,000
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Features
  • Attractive Georgian property in the heart of the City Centre
  • Incredible ground floor bar refurbished to the highest standard
  • 2,300 sq. ft. Bar with catering kitchen and external terrace
  • Bespoke oak topped bar servery
  • 4 self-contained refurbished flats above, providing excellent income potential
  • Freehold - offers in excess of £600,000
Description

The property comprises a fully restored attractive Georgian property steeped in history and formerly owned by Sir Henry Cosmo Bonsor, a former brewer and politician who sat in the house of commons from 1885 - 1990. It has been sympathetically restored to an impeccable standard throughout, as evidenced by the level of workmanship and quality of the fixtures and fittings.

The ground floor, benefiting from significant investment, is a turnkey licensed bar with commercial kitchen and external terrace. To the first and second floors there are four self-contained apartments that have also been refurbished to an equally high level, providing excellent revue potential.

Ground Floor/Commercial

The ground floor comprises a 2,300 sq. ft. (213.75 sq m) refurbished bar which includes high level furnishings throughout, including a striking oak topped central bar server, with fixed booths and tables throughout. There is also commercial kitchen and an external terrace for alfresco drinks and dining.

Upper Floors/Residential

Above the bar and accessed separately there are four self-contained 1 and 2 bedroom flats refurbished to a high standard throughout with numerous character features including exposed beams. Facilities include keyless entry , air conditioning, fully equipped kitchens, spacious living rooms and walk in showers.

Location
The property is located on Bond Street, a cobbled street in the heart of Wolverhampton city centre, just a short walk from The Mander Shopping Centre. Bond Street affords a pleasant position just off St Johns Square, whilst being easily accessible off the main A4150 ring road. It is well located to benefit from trade from nearby complimenting outlets such as Genting Casino and a number of licensed establishments. Wolverhampton is situated in the West Midlands and is approximately 24 km (15 miles) northwest of Birmingham, 11 km (7 miles) west of Walsall and 29 km (18 miles) southeast of Telford. Wolverhampton benefits from good road communications being approximately 8 km (5 miles) west of Junction 10 of the M6 Motorway and 3.2 km (2 miles) south of Junction 2 of the M54 Motorway. The A41 Black Country Route provides direct access to the M5 at Junction 1 which links to Birmingham. The vibrant city of Wolverhampton has a population of approximately 260,000 and is one of the top ten growing economies in the UK. Located at the heart of Britain, the city is an ideal centralized location for businesses with 14 million people within 100 mins drive, 1.73 million with 30 mins and 3 million within 20 miles. Wolverhampton is one of only 13 cities nationwide where all four Mobile Network Operators have announced the rollout of 5G. It is ranked the top UK city for remote working according to the Remote Working Index. Wolverhampton is home to sector leading firms including Jaguar Land Rover, Marston’s, Mogg and Collins Aerospace. The i54 strategic employment site north of the city centre is the most successful enterprise zone in the country attracting high quality jobs to the area. Jaguar Land Rover’s £1bn investment in a new engine plant at the site is creating more than 1,400 jobs. 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.
Tenure
Freehold - with vacant possession.
Price
Offers in excess of £600,000 are sought for the Freehold interest.
Additional Information
For further information and viewings please contact -
James Mattin
[email protected]
0121 525 0600
VAT
We are advised that VAT is applicable.
EPC
Available upon request.
Legal Costs
Each party are to be responsible for their own legal costs that may be incurred in this transaction.
Anti Money Laundering
Two forms of identity and a form of proof of funds are required from the successful purchaser, in line with mandatory anti-money regulations.