54 & 54A West Bromwich Street & 1a Windsor Street, Walsall, WS1 4DB
Freehold mixed use investment property in Walsall
Guide price*
£225,000+
Plus fees
Unsold
Commercial Investment
Mixed Use
Residential Investment
Auction details:
Thursday 11th September 2025 @ 08:30AM
A freehold mixed use investment property, comprising of two self contained flats and a retail unit within a busy neighbourhood location Current gross income: £25,200 pa.
Property Description
The property comprises a two storey mixed use investment, situated at the junction of West Bromwich Street and Windsor Street. 54 is a self-contained shop having retail area, stores and WC. 54a is a self-contained ground floor flat, having one bedroom, reception room, kitchen, bathroom with WC and small garden to the front. 1a Windsor Street is a first floor flat, currently configured to provide four bedrooms, kitchen/living area and bathroom.Location
The property occupies a prominent position, situated at the 'V' junction of West Bromwich Street and Windsor Street, within a well established residential neighbourhood.The property lies a short distance south of Walsall town centre and is within close proximity of the University of Wolverhampton Walsall Campus, Walsall Rugby Club and Palfrey Park.
Energy Performance Rating
No. 54: B, No. 54a: D, No. 1a Windsor Street: D.Council Tax Band
A.Tenure
Freehold – Subject to the existing tenancies.Tenancy Details
54 West Bromwich Street (Retail Unit): Let by way of a Lease , at a rental of £450 per calendar month (£5,400 per annum).54a West Bromwich Street: Let by way of an Assured Shorthold Tenancy, at a rental of £450 per calendar month (£5,400 per annum).
1A Windsor Street: Let by way of an Assured Shorthold Tenancy, at a rental of £1,200 per caledar month (£14,400 per annum).
The Auctioneers have not had sight of the tenancy agreement at the time of going online and the tenancy details should not be relied upon. Copies will be available within the legal pack.
Value Added Tax
For clarification in respect of whether or not VAT will be chargeable on the purchase price please refer to the Legal Pack.Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.Viewings
External viewings only.DISCLAIMER
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
VIEWINGS
Buyers are deemed to have viewed the property (if access is available), viewed the virtual tours where applicable and undertaken all their due diligence checks prior to bidding.
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
LIVE-STREAMED AUCTION
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction. Please click here for further details.
*DEFINITION OF GUIDE & RESERVE PRICE
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
COSTS AT AUCTION
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction. Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
