Summary - Tudor House Bridge Street, Walsall, WS1 1EW WS1 1EW
1 bed 1 bath Commercial Development
**Standout Features:**
- Prime town center location in Walsall
- Established retail parade with four ground floor units, including a tenant: Ladbrokes Betting and Gaming Ltd.
- Passing rent of £80,350 per annum, offering a robust investment opportunity
- Total area of 5,556 square feet; prominent Tudor Revival architecture
- Long leasehold with 212 years remaining
- High foot traffic area, adjacent to major retailers such as Primark and Santander Bank
- Close proximity to public transport and a diverse array of amenities
**Concise Summary:**
Seize a lucrative investment opportunity with this substantial retail development in Walsall’s vibrant town center. Comprising a classic Tudor Revival build, this mixed-use property accommodates four retail shops with reputable tenants, ensuring a stable annual income of £80,350. The prime location is adorned with nearby heavyweights including Primark and J D Wetherspoon, attracting substantial foot traffic and visibility.
With a passing rent that translates to a net initial yield of 10.23%, the property represents a unique chance for investors to tap into Walsall’s bustling retail scene. Future potential for occupancy or redevelopment is ample, situated just moments from prime retail arteries and the upcoming Old Square redevelopment poised to further enrich the area.
Please note, while the investment is promising, local crime rates are reported as high and the property is located in a historically deprived neighborhood, which should be factored into any investment strategy. Don’t miss this chance to secure a slice of Walsall’s commercial potential; properties of this caliber do not linger long on the market!
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