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33 Princess St 2,829 SF 26% Leased Retail Building Wolverhampton WV1 1HD $334,762 ($118.33/SF)



Investment Highlights
- 2,097 sqft sales area.
- CACI estimate of 3,507,632 population within a 30-minute drive-time.
- Suitable for a range of uses within Class E (subject to planning).
- Consideration may be given to freehold sale of the commercial and residential.
Executive Summary
The subject property occupies a prominent corner position on the semi-pedestrianised Princess Street and Berry Street in Wolverhampton City Centre. Wolverhampton Railway Station is a short walk from the property, providing regular services to Birmingham New Street in around 15 minutes, while numerous local bus routes operate along with the metro tram service that offer frequent connections with the wider West Midlands area. The property is situated in a short proximity to The Mander Centre and Wulfrun Shopping Centre which provide the primary retail and F&B pitch for the city. The unit benefits from the strong footfall, with notable occupiers within the immediate vicinity including Nando’s, Burger & Sauce and KFC. The strong transport links drawn from the wider West Midlands community as the area combines easy accessibility with a high-quality retail/leisure environment creating a sought-after location for occupiers. The property is located next door to Coral whist opposite Myott Bukka and in close proximity to The Billy Wright PH, Duke of Your PH and The Grill House.
Ground floor restaurant/bar/takeaway opportunity available to let (subject to vacant possession) Available Subject to Vacant Possession, bar/restaurant opportunity arranged over ground, lower ground and mezzanine levels.
2,097 sqft sales area Suitable for a range of uses within Class E (subject to planning) CACI estimate of 3,507,632 population within a 30-minute drive-time Consideration may be given to freehold sale of the commercial and residential Suitable for a range of uses within Class E (subject to planning) Only by prior appointment with sole agent.
Ground floor restaurant/bar/takeaway opportunity available to let (subject to vacant possession) Available Subject to Vacant Possession, bar/restaurant opportunity arranged over ground, lower ground and mezzanine levels.
2,097 sqft sales area Suitable for a range of uses within Class E (subject to planning) CACI estimate of 3,507,632 population within a 30-minute drive-time Consideration may be given to freehold sale of the commercial and residential Suitable for a range of uses within Class E (subject to planning) Only by prior appointment with sole agent.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
2,829 SF
Building Class
B
Year Built
1919
Price
$334,762
Price Per SF
$118.33
Percent Leased
26%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.08
Lot Size
0.06 AC
Frontage
Amenities
- Bus Line
- Energy Performance Rating - E
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Bunk (Wolverhampton) Limited
- Retailer
- 2,097 SF
- -
- Mar 2032
Established in 1926, Coral is one of the UK's biggest bookmakers. They have shops across the country and a dedicated website at coral.co.uk, offering sports betting, slots, table games, poker and bingo. With their industry-leading Coral Connect card, you have the ability to deposit and withdraw money in shops, and play online alongside a host of other benefits. Coral is part of the Entain Group, one of the world's largest betting and gaming groups with well established brands on the high street and online.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Bunk (Wolverhampton) Limited | Retailer | 2,097 SF | - | Mar 2032 | ||
|
Arts, Entertainment, and Recreation | 1,400 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Ground Floor Sales
| Space | Size | Space Use | Position | Available |
| Ground | 2,097 SF | Retail | - | Now |
Ground
| Size |
| 2,097 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Ground
| Size | 2,097 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Ground Floor Sales
1 1
Nearby Major Retailers
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33 Princess St
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