Commercial Property in Cannock

Premises Rear of 5 Wolverhampton Road, Cannock WS11 1AP
  • Lot No: 118
  • Property Type: Commercial Property
  • Contract Type:

Guide Price* £115,000+ plus fees

Property Description

A vacant former restaurant located to the rear of 5 Wolverhampton Road. The accommodation is accessed from Wolverhampton Road via a walkway to the side of number 5. The ground floor comprises main bar area, Bar, WCs. The first floor comprises more seating, a fitted commercial kitchen with extraction and fire escape. The property previously traded as a Caribbean restaurant and could be reinstated for trade with minimal works. We are informed by the seller that the previous rent was £13,500 per annum. We have been advised that a significant amount of money has been spent over the years on the property. We would advise interested parties to inspect the premises prior to bidding. We have been advised that recent works since going to auction have been carried out on the roof of the buiilding. We feel the property could also be split and have two separate tenants owing to the layout (subject to planning) Opposite the property is a large pay and display car park and the property is situated in a prime location within Cannock Town Centre.

Note to Buyers

Prospective buyers are to note the TP1 and transfer plan included within the legal documents.


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold