Bridge Street, Walsall

LOCATION:  The property is situated on the northern side of Bridge Street, opposite Tameway Plaza, Walsall, approximately three hundred and fifty metres from the pedestrianised retailing centre of the town.

DESCRIPTION:   The property comprises a mixed use investment property consisting of two lock-up shops on the ground floor with three self-contained flats over.

ACCOMMODATION: 

On The Ground Floor:  Number 77 - trading as “My Pillar Limited” - Net Internal Floor Area approximately 612 sq.ft. (56.85 sq.m.).

Number 79 - Shop - Net Internal Floor Area approximately 726 sq.ft. (67.44 sq.m.) including kitchen.

Communal Entrance Hall off Bridge Street leading to:-

FIRST FLOOR:

Flat 77a - Living Room, Kitchen, One Bedroom, Bathroom/w.c.

Flat 77b - Living Room, Kitchen, One Bedroom, Bathroom/w.c.

Flat 77c - Living Room/Kitchen, Two Bedrooms, Bathroom/w.c.

SERVICES: Mains electricity, water and drainage are connected to the property.  No tests have been applied to any of the services or appliances.

TENANCIES:

Number 77 is let by way of a three year lease from 1st December, 2023 at £6,240 per annum.  Number 79 is let by way of a five year lease from 29th May 2023 at  £150 per week/£7,800 per annum.  The Three Flats 77a - c, are let by way of Assured Shorthold Tenancies at rents of £475 per calendar month/£5,700 per annum, £400 per calendar month/£4,800 per annum and £650 per calendar month/£7,800 per annum respectively.

The total rental income from the property is £32,340 per annum.

TENURE:  Believed Freehold.

ENERGY PERFORMANCE CERTIFICATES:  Number 77 - 52(C).  Number 79 - 37(B). Flats 77a - 64 (D), 77b - 70 (C) and 77c - 71 (C).  A copy of the EPCs will be available for inspection at the agent’s offices.

VIEWINGS:    Contact Fraser Wood Commercial on .

Please note that all parties viewing the property do so at their own risk and neither the vendor nor the agent accept any responsibility or liability as a result of any such viewings.