Summary - 84, BRADFORD STREET WS1 1NU
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime Town Centre location in Walsall with excellent foot traffic
- Spacious 1,991 sq. ft. commercial property currently operating as a European mini market
- Long-term lease in place until December 2032, with a passing rent of £20,000 per annum
- Freehold sale, offering an attractive net initial yield (NIY) of 8.87%
- Close proximity to major retail areas and convenient parking options
**Summary:**
Discover an exceptional investment opportunity in this prominent Town Centre retail space located in Walsall, just 10 miles north of Birmingham. Spanning an impressive 1,991 sq. ft., this two-story commercial property is currently leased to a well-established European mini market, ensuring a reliable income stream until December 2032. With a passing rent of £20,000 per annum, this freehold property offers a compelling net initial yield of 8.87%, making it an attractive choice for investors seeking stable returns in a dynamic area.
While the property’s significant size and town centre position promise excellent visibility and customer access, please note that the lease has 9 years remaining, which may pose challenges with financing from mortgage lenders. The local area benefits from a rich blend of young families and students, ensuring a constant flow of customers. The more than adequate nearby amenities—from cafes to retail shops—add tremendous value, catering to diverse community needs.
Embrace the potential this property holds for future growth and expansion, while considering the present opportunity to secure a stable investment in a thriving urban environment. Act quickly, as properties in such prime locations rarely stay on the market for long!
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