15, Bridge Street, Walsall, West Midlands, WS1 1DP

Town Centre Retail Premises

Property details

Type Retail
Tenure Leasehold.
Price £12,500 per annum
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Features
  • Sales area – 555 Sq. Ft.
  • Kitchen, W.C. and Store.
  • Flexible lease terms.
  • Quoting rent of £12,500 plus VAT per annum exclusive.
Description

The property comprises a ground floor store with electric roller shutters and rear access, benefiting from a prominent mid-parade position. The sales area extends to c. 555 sq.ft., with a rear storage area and separate kitchenette and W.Cs, offering a practical and efficient layout for a variety of retail uses.

The store was recently refurbished to a good standard as a convenience store and is presented in good condition throughout, ready for immediate occupation.

Location
The property occupies a prominent mid-parade position within a busy retail parade on Bridge Street, in the heart of Walsall Town Centre. Nearby occupiers include HSBC, Nationwide and Ladbrokes, helping to generate strong passing footfall throughout the day. Walsall benefits from excellent road communications, being situated within 4 miles of the intersection of the M5 and M6 motorways, with Junctions 9 and 10 of the M6 lying within 2 miles of the western periphery of the town, providing swift access to the wider motorway network.
Tenure
Leasehold.
Lease Terms
Flexible lease terms for a period to be agreed at an annual rent of £12,500.
Business Rates
We understand that the rating assessment is as follows: Rateable Value: £10,250.
For further information on rates payable, please contact Walsall Metropolitan Borough Council on 01902 438 300.
VAT
We are advised that VAT is applicable in addition to the quoted rent.
EPC
Rated C.
Legal Costs
Each party are to be responsible for their own legal costs that may be incurred in this transaction.
Anti Money Laundering
Under HMRC regulations in addition to the Criminal Finances Act 2017, as property agents facilitating transactions, we are obliged to undertake anti money laundering due diligence for both the vendors (our client) and the purchasers involved in a transaction. As such, personal and detailed financial information (including proof and source of funds) will be required before an offer can be accepted and a transaction can commence.
Disclaimer
A director of Bond Wolfe has a vested interest in this property.