112 Spring Rd - Bar FOR SALE


Wolverhampton, WMD WV4 6JT
$270,000 USD
190-242-5646
112 Spring Rd, Wolverhampton, WMD for Sale
$270,000 USD
Bar - FOR SALE
1/5
null | Request Cap Rate

112 Spring Rd
Wolverhampton, WMD WV4 6JT


HIGHLIGHTS

  • The property comprises a former public house known as the Forge Hammer
  • Large and fully fitted kitchen
  • Spacious open yard area providing ample parking for customers
  • Located on Spring Road which connects the A4123 Birmingham New Road and the A41 Bilston Road

OVERVIEW

The property is freehold and being sold with vacant possession. Price is £270,000 which includes the current trading business, fixtures and fittings. Ground Floor - 1,007sq.ft First Floor - 3 bedroom apartment (Requiring substantial refurbishment). The property comprises a former public house known as the Forge Hammer and has traded successfully for a number of years as a cafe well known locally as Sam-An-Ellas serving the local industrial estates. Internally the property comprises a lounge area with open fire, large, fully fitted kitchen, rear dining area, store off and male and female W.C. facilities. The first floor is currently vacant but, was originally living quarters offering kitchen, living room, 3 bedrooms, bathroom and separate W.C. In addition there is a cellar (not inspected) and to the side of the premises a large open yard area providing ample parking for customers. The premises are being sold to include the current business, fixtures and fittings which, offers tremendous scope for expansion and to increase trading hours to capitalise on the nearby industries and distribution hubs of which some are trading 24/7. The premises also lends itself to a variety of uses or even development subject to obtaining the necessary consents.

FOR SALE DETAILS

PRICE

$270,000 USD

PRICE/SF

$268 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Forge Hammer

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,222 SF

ZONING

-

APN/PARCEL ID

WM742339

ASK ABOUT THIS PROPERTY

Mark TromansMichael Tromans & CoMore Info
190-242-5646

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Mark TromansMichael Tromans & CoMore Info
190-242-5646

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.