Summary - 27, BRIDGE STREET WS1 1DP
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime location in Walsall Town Centre
- Unbroken retail parade of 11 shops
- Over 22,000 sq. ft. of retail space
- Current rental income of £168,125 per annum
- Freehold offering with a net initial yield (NIY) of 10.60%
- Strong foot traffic and pedestrian accessibility
- Opportunities for upper-level development
This prominent commercial property at 1-27 Bridge Street in Walsall offers a lucrative investment opportunity within a bustling, pedestrianized area. Comprising 11 retail units, the property spans more than 22,000 square feet, generating an impressive annual income of £168,125. Ideal for investors, the freehold is priced at £1,495,000, suggesting a compelling net initial yield of 10.60% after costs.
The building, featuring attractive Victorian architecture with large bay windows and an ornate facade, attracts significant foot traffic, making it a prime location for businesses to thrive. The upper floors not only offer ground rent income but also present exciting possibilities for conversion into residential spaces, enhancing future rental potential. With Walsall undergoing substantial investment and regeneration, now is an ideal time to secure a foothold in this vibrant area. Don't miss out on this exceptional investment opportunity to capitalize on Walsall's growth and transform this prime retail location into a powerhouse of returns.
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