Dudley Road, Wolverhampton Offers in the Region Of £40,000

LOCATION LOCATION

Soul Estates is delighted to offer this rare opportunity to acquire a thriving Indian clothing business, proudly serving the local community for over 14 years.

Situated on Dudley Road, Wolverhampton, the property enjoys a prominent position within a busy shopping parade just 0.7 miles from Wolverhampton City Centre. The area benefits from high footfall and a diverse mix of neighbouring businesses including pharmacies, supermarkets, takeaways, betting shops, and other retailers.

This well-regarded clothing store is renowned for its high-quality bridalwear, partywear, sarees, lehengas, salwar suits, and accessories. The sale includes:

Full inventory of dresses, jewellery, suits, unstitched materials, and linings

Display units, clothing rails, mirrors, a counter, and LED lighting

Established customer base and strong local reputation

DESCRIPTION

The property comprises a self-contained ground-floor retail unit with a small Kitchen, storage and WC to the rear of the property.

TENURE

We are advised that the business is being sold on a new Leasehold basis. The rent is £12,000 per annum, and we are advised that the rates payable are TBC per annum.

PREMIUM

£40,000 for the fixtures and fittings and Inventory.

ACCOMMODATION

Total Area approx.

Ground Floor - 515 Sq Ft. APPROX

TERMS

The property is available to let on a long-term Full Repairing and Insuring Lease.

RATEABLE VALUE

The property is rated as follows:

Valuation - Current rateable value TBC

The information is supplied by the Valuation Office Agency and should be verified by Local City Council by any interested parties.

LEGAL COSTS

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

ENERGY PERFORMANCE CERTIFICATE

Available upon request from the agent.

SERVICES

We understand that all mains services are available to the property.

Prospective tenants should make their own enquiries as to the suitability and adequacy of the supplies for their own purposes.

AVAILABILITY

The property is immediately available following completion of legal formalities.

VIEWINGS

Strictly via prior appointment through the sole selling agent Soul Estates on 0121 647 6779