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Shops, retail units for sale in Wolverhampton

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10 shops, retail units

  1. 71-78 Victoria Street, Wolverhampton, WV1 3PQ

    Retail for sale

    • £3,000,000
    • 376,636 sq ft
    • Cafe
    • Car park
    • Lift
    • Modern
    • Multi storey office

    Attractive landmark department store totalling 376,636 sq ft (34,991 sq m) located in the heart Wolverhampton City Centre.
    □ Substantial city centre holding with a site area of c. 2.64 acres (1.07 ha).
    □ Highly prominent location with triple frontages on to Darlington Street, Victoria Street and Skinner Street.
    □ Beatties, or more recently House of Fraser, has traded here since the 1920’s and is an iconic building within the city centre and a local landmark.
    □ The majority of the property is subject to a licence to occupy between House of Fraser and SDI (Propco 35) Ltd. A rent waiver letter is in place outlining that the principal rent and service charge payable under the two leases shall be £1 pa. Insurance rent is still recoverable.
    □ The rear of 21 Darlington Street is let to Fixxion Warehouse Ltd on a nine year term expiring 31st July 2026 (TOB July 2020).
    □ The current passing rent is £12,600 pa.
    □ The property is otherwise subject to £193,494 per annum of income via sub lettings payable to SDI (Propco 35) Ltd.
    □ Numerous asset management opportunities including renegotiating the tenancy with Sports Direct/House of Fraser or repositioning the asset through change of use.
    □ Freehold.
    □ Offers sought in excess of £3,000,000 (Three Million Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a low capital value of £7.97 psf subject to contract and exclusive of VAT.

  2. Darlington Street Methodist Church 24 School Street Wolverhampton, West Midlands WV1 4LF

    Retail for sale

    • P.O.A.
    • 15,073 sq ft
    • Cafe
    • Car park
    • Caretaker
    • Grade II
    • Gym

    The aim of the Joint Venture Partnership is to unlock this unique building, introducing new and alternative uses to the site through refurbishment/ redevelopment, which will ultimately attract new occupiers, ensuring the sustainability of the listed building for the benefit of the City of Wolverhampton.

  3. Dudley Road / Bell Place, Wolverhampton, WV2 4LY

    Retail for sale

    • £1,450,000
    • Car park
    • Telephone system

    The land is located fronting the A459 Dudley Road, a main arterial road into Wolverhampton, with frontages also onto Frederick Street and Bell Place. The site is within close proximity to the city centre and St John's Retail Park which is home to Currys PC World, Next, Homebase and Pets at Home to name a few. The surrounding area comprises mix of retail and industrial.

  4. 318, Wolverhampton Road East, Sedgley, West Midlands

    Retail for sale

    • P.O.A.
    • 645 sq ft
    • Cafe
    • Car park
    • Concrete floors
    • Open plan
    • Printing

    Prominent retail unit approx. 645 sqft and versatile showroom (A3) approx. 2,600 sqft – roadside frontage
    • 3 versatile rear workshop units with ample parking areas.
    • Main road frontage with existing BP branded petrol station generating circa 400 visits per day
    • Freehold disposal considered – Re-development opportunity

  5. Birches Bridges Shopping Centre, Wolverhampton Road, Codsall, Staffordshire, WV8 1PE

    Retail for sale

    • £5,000,000
    • 0.72 hectares
    • Car park
    • Storage

    First time on the market in 50 years.
    □ A busy neighbourhood parade anchored by a Co-op convenience store.
    □ Situated in a popular residential suburb of Wolverhampton within close proximity to both a primary and secondary school.
    □ Freehold.
    □ Current passing rent £453,130pa.
    □ Successful scheme providing a strong tenant mix and broad retail offering for the surrounding area.
    □ Tenants include Co-op, Costa, Lloyds Pharmacy and Papa John’s.
    □ AWULT of 7.5 years to expiry and 6.3 years to break.
    □ Total site area of 1.77 acres (0.72 hectares).
    □ Asset management opportunities including letting the three vacant upper units and increasing the income, converting the upper parts to residential accommodation and redeveloping the site (including adding an extra floor) subject to consents.

  6. 116-126 Steelhouse Lane Wolverhampton, West Midlands WV2 2AW

    Retail for sale

    • £325,000
    • 5,839 sq ft
    • Transport

    LOCATION This retail property is located on Steelhouse Lane, 1 mile south east of Wolverhampton City Centre, and presents an attractive retail investment. Situated opposite residential development within All Saints, the property is well placed to serve a local clientele. Furthermore, the land adjoining to the rear on Steelhouse Lane and Cable Street is undergoing development for housing, further improving this retail property's location. The property also has good transport links, with bus and tram stops within walking distance and the City Centre ring road less than 1 mile away.