45 Bridge Street, Walsall, WS1 1JQ

A Substantial Freehold Commercial former nightclub and residential property with development potential.

Property details

Type Investment, Land/Development
Tenure Freehold.
Size 15,000 sq ft
Price Offers over £750,000
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Features
  • Freehold former nightclub with residential accommodation above
  • Prominent established town centre location
  • Approximately 15,000 square feet
  • Huge development potential, subject to planning consent
  • Freehold – offers over £750,000
Location
The property occupies a prominent position on the corner of Bridge Street, at the junction with Lichfield Street and Freer Street. There have been a number of successful residential conversions nearby and other nearby occupiers include Ladbrokes, Primark, HSBC, and a wide cross section of national and local retailers.
Description

A substantial Freehold three story property formerly utilised as a nightclub, with residential accommodation above and excellent further development potential. The property would lend itself to further residential conversion, reintroduction of leisure use to the ground and first floors, or a variety of other uses, subject to obtaining planning consent. The property still benefits from a 3am license.

Accommodation
Ground Floor – Split level former nightclub with rear ancillary areas requiring further development.
First Floor – Former nightclub VIP level with potential to develop and extend over the rear ground floor.
Second floor – 2 x 2 bedroom apartments already converted and with further scope for additional development.
Price
Offers over £750,000
VAT
We are advised that VAT is not applicable on this transaction.
EPC
Available upon request.
Legal Costs
Each party are to be responsible for their own legal costs incurred in this transaction.
Anti Money Laundering
In accordance with Anti-Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.