Freehold Pub For Sale In Bilston, West Midlands
Royal Exchange
Chapel Street
Bilston
West Midlands
WV14
Gross Site Area: 6269 sq/ft*
£ 175,000 + VAT
LOCATION
The Royal Exchange sits on Chapel Street just off the main road; Oxford Street (A41) into Bilston and is within walking distance of all local shops and amenities.
Bilston can be found only 3 miles from Wolverhampton town centre and 5 miles from Walsall town centre.
PROPERTY
Detached, 2 storey freehold building. Ground floor comprises a large open plan room with central bar. First floor consists of 3 bedrooms, lounge, kitchen and bathroom. Property benefits from large car park (circa 15 spaces) and a small yard to the rear.
FURTHER INFORMATION
Vacant possession
Development potential (STPP)
Approx gross site area: 6,269 sq.ft*
Approx ground floor foot plate: 1,892 sq.ft*
Rateable Value: £5,000
Offers invited for our clients unencumbered interest
The property represents excellent value for continued licensed use / owner occupation. There is also potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents.
The existing use class of the property is A4 'Drinking Establishments'. Planning consent is not required to change the current use to A1 (shops), A2 (financial and professional services) or A3 (restaurants and cafes).
Please note that VAT may be applicable in this matter.
West Midlands Pub for Sale
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