192 - 194 High Street, Walsall, WS3 3LA
Ref No. 8029
For Sale

Location 192 - 194 High Street, Bloxwich, Walsall, WS3 3LA, West Midlands, , West Midlands
The site is centrally located in Bloxwich town centre, fronting on to High Street (A34). Bloxwich is a small town located approximately 11 miles to the north of Birmingham, in close proximity to Walsall. Bloxwich offers good transport links with Junction 10 of the M6 located 3 miles to the south. Bloxwich train station offers frequent services to Birmingham and Walsall. Nearby occupiers include Boots Opticians, Lloyds Bank, HSBC Bank, Barclays Bank, Specsavers and Greggs.

Description On behalf of the Joint LPA Receivers Simon Hunt & Alistair Wright - Retail and Residential Investment Opportunity

Specification

Prominent High Street retail pitch with good footfall

Two lock up shops – one occupied & one under offer

Three self-contained flats to the first and second floors

Current rental income - £20,864 per annum (£34,544 with new letting completed) Potential rental income if fully let - approximately £38,500 per annum Offers Invited

The premises comprises two lock up shops at ground floor level, fronting directly on to High Street, including a well-established take away and a recently vacated unit.  The vacant unit is currently under offer at an agreed rent of £13,680 per annum.  The incoming tenant is relocating his salon business which is currently based next door.  To the upper floors there are three self-contained residential flats. Two flats share a communal entrance lobby and one is a maisonette.  All units are accessed by an external staircase to the rear of the property.  To the rear of the property is a gated yard area, which could be utilised for car parking, with access from High Street provided by an archway under the adjacent property

 

Availability

Unit Accommodation
192 High Street Retail Unit - 1,140 sq ft (105.91 sq m)
194 High Street Retail Unit - 1,023 sq ft (95.08 sq m)
192A High Street One bedroom apartment
192B High Street One bedroom maisonette
194A High Street Two bedroom duplex apartment

Property Type Retail - High Street, Residential Use

Property Contacts:

  • Harry Ward
    +44 (0)121 214 9904
Property Location:



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