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Canal Basin Warehouse & Premises, Broad Street Basin, Canal Wharf, Wednesfield Road, Wolverhampton, WV1 1LJ

4,479 Sq Ft / Industrial / Warehouse

Withdrawn - Last updated: 28 February 2024

The property comprises a site of approximately 0.215 hectares (0.531 acres) arranged with a former brick built warehouse building fronting Wednesfield Road (sold off on a long lease) with a courtyard and car parking area around the canal basin, Boaters Sanitation Station (to be retained by the Seller from completion on a long lease) and former stable block (now vacant offices/showers and storage) at the south-eastern edge of the site and a modern vacant single storey warehouse at the south-western edge of the site.

The property sits within the Union Mill Conservation area. 

 

Location

Wolverhampton is located 14 miles north-west of Birmingham, 33 miles south of Stoke-on-Trent and 55 miles west of Leicester.

The property is situated on the south side of Wednesfield Road just to the east of Ring Road St Davids (A4150) and the Canal.  The site is prominently situated within the city centre being adjacent to Wolverhampton mainline station and the ongoing redevelopment of the immediate mixed use area.

The site is accessed from the south side of Wednesfield Road through the former brick built warehouse building, but is height restriced as the right of way passes under part of the warehouse that fronts the site being offered for sale (refer to photogrpah 2).

Accommodation

Modern Warehouse - Ground Floor - 3,100 sq ft (288.00 sq m)

Offices/Showers (formerly stables) and storage:

Ground Floor - 1,075 sq ft (99.88 sq m)

First Floor - 304 sq ft (28.21 sq m)

Former warehouse building fronting Wednesfield Road

Boaters Sanitation Station

Terms

Tenure - Leasehold.  To be sold on a new 999 year lease from completion at a peppercorn.

Guide Price - £110,000

Specification

  • Long leasehold canal basin warehouses and premises
  • Includes a vacant modern warehouse of approximately 288.00 sq m (3,100 sq ft), vacant former stables more recently used as offices, shower/WC and storage
  • Provision of car parking spaces
  • Former warehouse building fronting Wednesfield Road sold off on a 125 lease
  • Boaters Sanitation Station sold off on a new 99 year lease from completion
  • Investment/redevelopmemnt opportunity


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