THE OLD STAGS HEAD, 65 CHURCH HILL, PENN, WOLVERHAMPTON, WV4 5JB

FORMER PUBLIC HOUSE WITH RE-DEVELOPMENT POTENTIAL (STP) – FREEHOLD

Development

Restaurant/Takeaway

Location:

The property lies in a prominent location in Penn which is a suburb of Wolverhampton in the West Midlands. The premises are situated on Church Hill, close to St Bartholomew’s Church. Wolverhampton City Centre lies 3 miles north of the subject premises with the M6 motorway approximately 8 miles West.

Description:

The premises comprise of a two-storey detached building of brick construction surmounted by a pitched tiled roof. Internally, the property offers a ground floor trading area with a self-contained flat above and outside space immediately to the rear and sides of the property. It also has the benefit of a large car park to the opposite side of Pennwood Lane which has a tarmacadam covering and can accommodate up to 70 vehicles.

Accommodation
Ground Floor
2,257 Sq Ft
210 Sq M
First Floor
842 Sq Ft
78 Sq M
Basement
265 Sq Ft
25 Sq M
Total Sq Ft:
3,364 Sq Ft
Total Sq M:
313 Sq M
Energy Performance Certificate:

Details available upon request.

Services:

We are advised all main services are connected.

Planning:

We have been informed by the landlord that planning permission has been granted for A4 (Drinking Establishments) use.

Interested parties should contact Woverhampton City Council Planning Department on 01902 556 026.

Tenure / Price:

The Freehold interest is available at a quoting price of £625,000, subject to contract.

Business Rates:

The property is currently listed within the 2017 rating listing as have a rateable value of £18,750. Rates payable will be in the region of £9,600 per annum.

Interested parties are advised to make their own enquiries to Wolverhampton City Council on 01902 551 166.
VAT:

We understand that the property is elected for VAT.

Legal Costs:

Each party to be responsible for their own legal costs incurred during this transaction.

Viewing:
Strictly by prior appointment with the sole agents,
Mason Young Property Consultants.
Contact Details:
Arjamand Farooqui BSc (Hons)
Tel: 0121 285 3535
Mob: 07929 410 481
Email: af@masonyoung.co.uk
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