Summary - Holden House, 37/38 Digbeth & 70 Lower Hall Lane, Walsall, WS1 1RY WS1 1RY
1 bed 1 bath Retail Property (out of town)
Prominent mixed-use units with secure income and conversion upside near major retail anchors.
- Freehold three-storey corner retail and café investment
- Current income £78,933 per annum from existing tenancies
- Prominent pedestrian pitch opposite Primark and shopping centres
- Part of Walsall £1.5bn regeneration programme nearby
- Requires modernisation in places; conversion potential upper floors
- Very high local crime and very deprived area classification
- VAT payable likely; sold as TOGC details in legal pack
- Sale by auction — unconditional exchange and admin fee apply
A substantial freehold investment in Walsall town centre, offered at public auction with immediate rental income of £78,933 per annum. Holden House comprises three-storey, street-facing retail and café units with upper-floor storage and ancillary accommodation, currently let to national and local operators. The buildings combine Victorian and Georgian features, high ceilings and corner prominence that support alternative uses or conversion potential.
The location sits on the main pedestrian retail pitch between Saddlers and Old Square shopping centres, opposite a large Primark and adjacent to The Quarter redevelopment. The town is the focus of a major £1.5bn regeneration programme, which could support rental growth and increased footfall in time. There is no flood risk recorded for this plot.
Buyers should factor in important negatives: the surrounding area is classed as very deprived with very high local crime levels, and parts of the property require modernisation. The lot is sold subject to existing tenancies and VAT is believed to be payable (TOGC anticipated). Energy Performance details and any special conditions are contained in the legal pack and should be reviewed prior to bidding.
This lot is aimed at investors seeking immediate income with medium-term upside from local regeneration or active asset management. Auction purchase is unconditional on fall of the hammer; bidders must allow for administration fees and any additional costs set out in the legal pack.
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